I am looking technically at it. This breakout was due as the triangle was formed. And SBD was trading aroung 60000 satoshis before the brea market started in August. And now we are entering in another Bull cycle, so expect things like this.
PS: I am seeing steem to $15 as well in coming weeks.
Did you mean SBD instead of Steem at 15usd?
No, I mean steem and it will hit that mark in 2018. Steem was trading over 100000 satoshi , and even if it goes close to 750000 , this $15 mark will be hit.
Your predictions are indeed looking more and more likely. You may appreciate Haejin's charts on the matter as well:
https://steemit.com/steem/@haejin/steem-btfd-explosion-imminent-target-usd14-dead-ahead
@lexiconical
Yeah I saw this SBD chart and there is high possibility of SBD following it if bitcoin keep moving up. It will be achieved faster if bitcoin reach $40,000
I am adding opportunities for short and mid term trades to catch the moves in bullish market.
So do you think it’s better to sell sbd and buy Steem right now?
Because that’s what I have been doing
They are likely to continue going in the same direction until something changes the fact that the (mostly psychological, and weak) "peg" is broken.
Yeah exactly
Btw can I get your discord username or other messenger contact id to talk you quick time and discuss different trade options on regular basis?
Sure, feel free to message me on Discord. I can frequently be found at MSP.
Sent you DM at discord. Please check
No I don't think we need to sell all SBD, Keep the balance between SBD and Steem.
I think $12 by spring
This certainly appears more and more likely. You may appreciate these charts:
https://steemit.com/steem/@haejin/steem-btfd-explosion-imminent-target-usd14-dead-ahead
No I don't think we need to sell all SBD, Keep the balance between SBD and Steem.