Steem Dollar (SBD) Will Rise once again! Where will it go? check out my analysis!
This post was requested by one of my followers: @kitkat16
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this picture shows a possible ABCDE Triangle which is signaling a completed triangle getting ready to shoot out !
But below is another form or variation to the triangle which is good to keep in mind as there are MANY different paths this can take. MANY
But here is just a secondary option I think it can look like. Showing that the prices will not rise yet and MAY have 1 more bounce up and bounce down before starting its 5 wave impulse.
Regardless which one it is, These are 2 paths to the same destination.
BTW guys please feel free to add anything into the comment section if you feel like I am missing something or not seeing something.
Lastly, Below is the new set of impulsive waves. NOTE: This is my first time using the Fib Extension to attempt to predict the price pathway and price ranges. Please explain if you know how to use this and if I am doing it wrong. To me, it looks pretty good.
to recap, SBD is looking very bullish and seems as if it has nowhere else for it to go but UP!
Nothing is 100% of course but I believe this symmetrical pointing triangle can really be the end of this lengthy correction we have been sitting on for far too long.
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WARNING!! This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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@originalworks
I think dTube success should be a game changer for SteemDollars, the scarce currency.
nice work. Check out my first crypto blog. TRX up 10 percent after my post. https://steemit.com/cryptocurrency/@cryptocompound/next-cryptocurrency-opportunity-tron-ripple-trx-xrp-btc#comments
The @OriginalWorks bot has determined this post by @cryptosuf to be original material and upvoted it!
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I hope the chart follows you , would be good news for us .
Good TA @cryptosuf ! Thanks for sharing > UPVOTE
haha! nice to hear from you again
Thanks bro!
YOU ARE THE MAN!
Thanks so much mate! Loving the secondary possibility analysis too!
My issue with the SBD chart is that I can't find the clear cut 'B' wave in the triangle on any timestamp.
I guess as you say, if it's not B on the first chart, and is indeed the second chart, it will just be a few days extra waiting for the rocket ship...and hopefully a higher landing spot on wave 5.
Very much appreciated- hope you had a happy new year and wishing you MASSIVE profits in 2018 :D
lol I appreciate it man I wish you massive profits and happy holidays as well!
great analysis.......i think it will come true
thank you very much