SBDs broke the down trend and appear ready to head upwards

in #sbd7 years ago

After over a month of downtrend, prices have finally popped above that downtrend:

Now they have created what appears to be a bullflag.

This is a bullish setup that often foretells a continuation of the most recent move, which in this case would be an upward move.

If you take the measured move of the bull flag, we would be looking at a price target in the $10-$12 area.

Yes please.

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I really don't know, should I buy SBD ir no O_O

It's a gamble for sure, but it has a pretty good chart set up.

Its not even that different from the ETH analysis I made. Think the overall market is in an triangle pattern that seems to be broken to the upside these days/the next week. Good news so far.