....SBD PRICE............STEEMIT NEWS FLASH..................AT RESISTANCE LEVEL $0.95
10 / 16 / 2016 - 10:45 AM EST STEEMIT NEWS FLASH : SBD price at resistance level $0.95 while SBD supply continues falling . ( chart # 1 )
If the SBD supply continues to fall ,the logical assumption is the SBD price should rise .
The current SBD supply is compiled from steemd.com
When you look at chart #1 The price ( GREEN LINE ) does not have the high and low but only the price of the time of day I take my readings . When looking at this $0.95 is resistance and support looks to be around $0.88 .
CHART # 1
RED LINE = SBD CURRENT SUPPLY
GREEN LINE = SBD PRICE
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If we could only get the steem price to look more like the SBD price
Steem is still barely holding the October 11 lows.
Thanks for the update marrnio
Hopefully it will someday
RESTEEMING
thanks Otisbrown