I'm very interested in how STEEM Dollars have been trading in the last few weeks.
I definitely thinking something big (in either direction) is going to happen soon with STEEM Dollars ($SBD)
Key Levels to watch:
Upper Resistance: 0.0004665 (* the other 3 upper resistance are also noted on the chart above )
Lower Resistance: 0.0003700 (* keep this as your lower limit / stop )
Take note of the spikes probing the upper resistance levels, there seems to be some big buying that really affects the price. A 25% move in a day is not unreasonable.
Order book looks solid as well. If we see the follow thru expected in cryptos today we should see a nice bounce here.
Either way I think there are some interesting things happening to STEEM Dollars ($SBD) - I would recommend have a closer look if you haven't already.
Have a great day, post any questions or comments below.