Daily Steem Dollar Price Update: Another Down Day...

in #steemdollar6 years ago

Hey there Steemians, I dont have much positive news to report regarding Steem Dollar. It fell another 7% for the day and this was the day when Bitcoin went up.

Anyways, here is the daily chart:

FireShot Capture 1090 - SBDUSD_ 2.26907958 ▼−7.38% — _ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: During the day we were down almost 15% at most and touched 2.00 and that was also the lower bollinger band. Lets hope that that was the bottom, at least it was a nice round number, not unsignificant in the world of trading.

What we want now is a nice green candlestick for Friday so that we could get some hopium into the weekend. The first price target to aim for next to the upside is 2.60.

Happy Steeming!

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