Short
Steem Dollars (SBD) Bearish until Downward Wedge is Broken - (H)
Steem Dollars will be going down until we start breaking our first downward wedge. It will take time. We do not recommend to enter this trade yet. You can set up your partial buy targets but have a tight stop loss in place. Our recommendation would be to wait until we get close to our Strong Demand zone.
Do not invest what you can't afford to lose. We are not your financial advisors.
Do not invest what you can't afford to lose. We are not your financial advisors.
Note
Watch this trade because when it bounces, we will see great returnsNote
As predicted, we might need to wait few more days or weeks depending on market - SBD will be a great purchase in Q1-Q2 of 2018Note
Anyone listen to this analysis and invest in Steem Dollars?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.