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important SBD update 24.12.17 by ew-and-patterns

View this thread on: hive.blogpeakd.comecency.com
· @ew-and-patterns · (edited)
$106.49
important SBD update 24.12.17
# SBD is definitly taking its time in the waiting phase. With so many people being bullish on SBD (including me), I think there is a need for a little panic in this market. This is why I now favor an expanded flat correction like this:
![6LuzfKt0.png](https://steemitimages.com/DQmUYCYRugeMwheVKLmieZb3UURALecAyVmn9nMtYP5Fc63/6LuzfKt0.png)
# But there is still a possibility for a triangle correction like this:
![2DbV7FW2.png](https://steemitimages.com/DQmT7d6eKcZtHeXhVHoKcwU4skZBWCQF6d3yowJCLWy9d8E/2DbV7FW2.png)
# Both types are equally bullish, but the expanded flat correction has a much lower starting point for the next impulse wave. This means, that if it turns out to be the expanded flat, the target of this next impulse will be approx. 8$ lower than in the triangle version...
# In my opinion SBD is a sleeping giant, and when it wakes up it will improve the lives of many people. 30$/SBD is a fortune in some countries...
# I'll keep you updated... Stay tuned...

![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
If you make any trades or investments after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.



Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)
šŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 34 others
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vote details (98)
@aburashed ·
Great job.
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@aksdwi ·
<p>This post has received a 10.29 % upvote from @aksdwi thanks to: @ew-and-patterns.</p>
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@albertoyago ·
Great stuff @ew-and-patterns ! Thanks for sharing! You seeing sbd skyrocketing then? Greetings from Spain mate
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@ew-and-patterns ·
$4.32
Yes, I do. But we need patience. Greetings to you, too and Feliz Navidad.
šŸ‘  ,
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vote details (2)
@cryptoforce ·
Thanks for the analysis. The bulls are ready to break out
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@cryptorg ·
Sincerely I would have expected that the end of the year will make all the major cryptos sky rocket. I did know that a correction was to come but i would have only assumed it will be in the beginning of 2018. Still, I believe that the market will bounce back and until 31 December we might see some aggressive movements all over the place. So, a good opportunity would be to buy now and sell later.
<img src="https://i.pinimg.com/736x/c6/88/81/c68881b5402cbab091e4f5c051d22a7c--stock-market-quotes-stock-quotes.jpg"/>
šŸ‘  ,
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vote details (2)
@vimukthi ·
True words my friend.
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@extraterrestrial ·
Steem to the moon my Friends! I love steemit! The steemit community is a such a great and helpful community! I'm very proud and blessed to be a part of the steemit community! I'm telling everyone I know on this planet about steemit! :)
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@jahangirwifii · (edited)
great analysis
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@joendegz ·
i need to go bullish again, this correction should be sooner than later.
šŸ‘  
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vote details (1)
@kitkat16 ·
thankyou. any updates on what path we might see?
Still hovering around $7.50

Subscribed.
šŸ‘  
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vote details (1)
@ew-and-patterns ·
$22.05
I am still waiting for more price data to make a new update post, but I think it will go up again very soon, if 6$ on Bittrex remains unbreached. It could be the low of this correction...
šŸ‘  ,
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vote details (2)
@kitkat16 ·
thanks man looking forward to reading your stuff each day/update. Appreciate the reply.
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@kitkat16 ·
any thoughts?
Happy New Year.
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@kp138 ·
I’m bullish too. Thank you for your analysis!
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@krenter ·
The cryptos, are what they are, and have their own rhythm, some managed by legions of traders bots, others by the fears and expectations of their holders. I have seen the same behavior for years, rise and fall in a capricious way. But something is sure if you have luck and enough mental strength, you can do a lot but a lot of money with them
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@mhmtdr0 ·
Thank you for your analysis
šŸ‘  
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vote details (1)
@rohit12123 ·
I have to go bullish once more, this adjustment ought to be sooner than later.
šŸ‘  ,
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vote details (2)
@sevenseals · (edited)
$1.12
Why are you bullish on SBD? At the current high prices SBD has a inflation rate of 500% per year. Therefore SBD will go back to 1 Dollar in the mid to long term. Here is how the regulation mechanism works as it is for me: https://steemit.com/steem/@sevenseals/why-the-steem-dollar-sbd-will-fall-back-to-1-us-dollar-the-self-regulation-of-the-sbd
šŸ‘  , , , , ,
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vote details (6)
@ew-and-patterns ·
$10.34
STEEMIT creator Dan Larimer confirmed in an interview 5 days ago, that the regulation mechanism does not work anymore. I resteemed this interview so you can see for yourself
šŸ‘  
properties (23)
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vote details (1)
@sevenseals · (edited)
In my opinion SBD price is only that high because it is a small market. But my logic says me that 500% inflation will have its effect. And if the price will go even higher the inflation rate will go higher too.
properties (22)
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@shanto24 ·
https://cdn0.tnwcdn.com/wp-content/blogs.dir/1/files/2015/08/emoji.jpg
šŸ‘  
properties (23)
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vote details (1)
@stealthgoat ·
@ew-and-patterns payed 6.0 SBD to @minnowbooster to buy a stealth upvote.<br><br><a href="https://steemd.com/tx/a596d22c786f972d5e3c21048167d46920798dfd">transaction-id a596d22c786f972d5e3c21048167d46920798dfd</a><br><br><img src="https://steemitimages.com/DQmTXdfMSPGNzsdQRoPAUAm8Xc9gDDM47QfiBLsJAck4iA4/goat-2153622_640.jpg"><br><br>@stealthgoat
properties (22)
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@steemitboard ·
Congratulations @ew-and-patterns! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/commented.png)](http://steemitboard.com/@ew-and-patterns) Award for the number of comments received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
properties (22)
authorsteemitboard
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@team101 ·
I am hoping for it to go bullish, too!
properties (22)
authorteam101
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@upmyvote ·
<p>This post has received a 7.50 % upvote from @upmyvote thanks to: @ew-and-patterns.
Send at least 1 SBD to @upmyvote with a post link in the memo field to promote a post!
Sorry, we can't upvote comments.</p>

<center>https://i.imgur.com/dNNSypy.png</center>

properties (22)
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@vimukthi ·
$0.19
It'd be nice if this can wait. Practically every crypto I love shows the exact same pattern. It's just so annoying. Why do they all have to pop together!!!

Welcome to Bull market problems.
šŸ‘  , ,
properties (23)
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vote details (3)
@ew-and-patterns · (edited)
$14.01
xD I understand your frustration. It would be nice to have a few 1000$ spare money right now. There are a few choices to be made. They will define your level of excitement in Q1 2018...
šŸ‘  ,
properties (23)
authorew-and-patterns
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vote details (2)
@vimukthi ·
That's one of the tragedies of putting all your liquid assets into crypto.
I'm going to do my very best in the next year.

Wish you a Great Merry Christmas and may your EW become your Santa and endow you MASSIVE profits !!!
šŸ‘  
properties (23)
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vote details (1)
@yairdd ·
It indeed was useful. followed and up-voted.
properties (22)
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