Steem Dollar (SBD): Revised Target $6.38

SUMMARY

The below chart of Steem Dollar (SBD) shows that price is tracking the projected future price pathway quite well. Wave one is not even half done. By the time the full five waves are complete, all time new highs should be hit.

The microwaves (blue) show that waves 1 and 2 are complete while 3 is in progress. I'm targeting $6.38 for white wave 1 as shown in below chart. The MACD is expected to cooperate and surge out of its contracting lines. Exciting fireworks are ahead!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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