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RE: SBD update 02.01.18 by ew-and-patterns

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· @ew-and-patterns · (edited)
$10.41
The usual standard target is 37$. This means that if it turns out to be a normal impulse, it will likely be reached. But it can also fall a bit short on the target or exceed it a lot. This depends on the internal wave structure.
If by plummet you mean a normal market correction from 37$ to 20$ for example, then yes. After wave 5 of yellow wave 3 there will likely be a bigger correction which could take a few months. But this also means that SBD will stay in a range of yellow wave 3 and the the low of wave 4 correction for months. 
My prediction is that if it reaches 37$, it will not fall as low as 14$ again in 2018.
Auto sell is not recommended because it could exceed it a lot. Just watch my SBD updates which I do regularly.
👍  ,
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vote details (2)
@flauwy ·
$0.33
That is very good news! I will put my phone on price alert and regularly check your updates. 

One more question: I am selling my coins on Bittrex and will end up with Bitcoin. I wonder if I should rather keep that in Bitcoin for a while or immediately exchange into Steem. I am not really interested in other coins no matter how profitable they might become. right now the ratio SBD to Steem is not great but when SBD shoots to $37 and Steem stay below $10 than the ratio would be amazing again. What is your take on that?
👍  
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vote details (1)
@ew-and-patterns ·
$11.70
I think the ratio will be a lot better soon. I am waiting for that, too. Just hodling my SBD until the exchange rate is 3.5 or better again. The best I've seen yet was 5.2 STEEM for one SBD.

Exactly, I will sell most of my altcoins in a few months (depends on the next BTC impulse) too and put some in STEEM and some in cash.
For me, STEEM is too high to buy at the moment.
👍  , ,
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@flauwy ·
Great, that will help me to develop a plan of action now. Your advice is greatly appreciated!
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@therealwolf ·
@ew-and-patterns exactly how I feel..
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