Top 10 Cryptos
At the moment of writing top 10 assets were overall bullish, with 8 of them in green and 2 in red.
For the last couple of days we've seen mostly flat trading or cautious wins, which means the gains are preserved. Bitcoin is hovering around $8,000 without breaking up.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $2.66 on Coinmarketcap, slightly down from yesterday.
On Bittrex , the 30 minutes chart is flat around 34k satoshis.
The 1 hour chart suggests that 34k satoshis may be locked in as the current level
The 1 day chart shows the first green candle (more like a doji) after two correcting days
SBD was trading, at the moment of writing, at $2.44 on average, slightly up from yesterday.
The 30 minutes chart on Bittrex shows a small pump, from 30k satoshis to 32.5k satoshis, followed by a correction back to 31k satoshis:
The 1 hour chart suggests consolidation around 31k satoshis
The 1 day chart confirms the consolidation around 31k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.916 STEEM, up from yesterday but we're below parity.
Overall opinion: Bitcoin is battling to keep the $8,000 level intact and so far it seems to be holding. STEEM corrected gently, while SBD had a little pump. All in all, markets look stationary for this Sunday.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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