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RE: Steem Dollar (SBD) Price Breakout?

in #steem7 years ago

I'm seeing the same thing. Currently the price is riding a really nice rising trend line, but the momentum is dwindling quite a bit (as you can see by your chart as well). A huge wick towards the top like that would most likely mean that we'll see price test a support or two before the next rally, meaning it'll get worst before it'll get better. Great analysis!

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I have some limit orders in near the previous support....hopefully we get a retest