BTC quick morning update 15.02.18
BTC is clearly on the way up now. The iSHS pattern is unfolding
This is the bullcount so far:
SBD and STEEM were able to stay strong as well, but I am expecting a correction before the next push up.
The SBD exchange rate could be 2:1 (STEEM/SBD) or even 3:1 in march again... I was betting my money on that since December and I am not selling yet, because it is just starting to look better again. I am still trying to accumulate as much SBD as I can for this occasion.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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Looking good. The trend has finally changed and we are looking at upward moves which is great. Especially if those were the lows, they were still 6x higher than the same time last year. With all these new users ready to pile in, the sky is truly the limit this time.
I am dumping all my sbd as fast as possible.
I hate to bet against u but i cant see how the sbd price will stay above $1 forever.
Can u explain again ur reasoning?
I have 5 resaons, all technical not taking into account the fundamentals.
Those 6k could be 7k STEEM now or 18k+ STEEM later this year or in 2019. If you are in it for the longterm I think this to be a decent bet.
If you don't have the nerves to follow through (I know it can be painful) then I would start selling above 1.2:1 ratio.
Thank you!
Hopefully his future is better than before
Beautiful information really amazing post thanks for sharing sir....resteemed
it is very Interesting your point of view. I am following you from now on.
great post.
Upvote and resteem.
I didn't understand because of some translation difficulties. Do you expect SBD to be 3 times larger than Steem?
Yes. I think we will get 2-3 STEEM for only 1 SBD in the near future.
I'm waiting too.
i just followed you cause your posts seems to be informative you are doing great ,,If you are interested in cryptocurrency visit my steemit for more information @reewy ,, and thank you again for your great posts
my thought is that the 3rd wave in the big cycle has started and we will record a record on it in this year.
That is what we are all hoping for. We will all earn a shitton of money if it happens... But we will only know after a new alltime-high.