I looked critically at all my predictions on the price dynamics of coins, and realized that the percentage of guessing is very low((( The most accurate forecast would be given for SBD, in this post Steem Dollar (SBD) technical express analysis (21 Jan 2018).
So I'll venture to make a further forecast on the price movement of SBD!)).
This forecast was given on January 21:
But what is the situation now on the same 4-hour chart:
As you can see, the price passed almost exactly on the red arrow from the previous post (it's always fun to watch how the price works out, or vice versa, refutes your forecast). Now the price has returned to a very clear purchase zone (and this is a danger!), about 30k sats (in the yellow rectangle). In this zone, the decline stopped, and the 4th day there is a consolidation in a very narrow range. For me, the most likely scenario now is a rebound from the support of 30k toward the upper boundary of the falling channel with a target in the green ellipse (~ 50k). There will be a good selling point.
I myself, however, will not buy SBD at 30k, it's too obvious and we should not forget that we are 3.6 times more expensive than USD value now. So we have too little profit on such a risk (a return to 1 dollar).
More interesting from the point of view of the risk / profit ratio for me is this scenario:
It involves a false breakdown of 30k support in the blue ellipse area, where two support intersect, and the game is upwards of 25k (maybe squeezing up to 20k). This trade I will play, if it will, of course!))
P.S.
Do not forget that you are fully responsible for all your actions on the market. This post is not a recommendation to action, but an exchange of views, criticism is welcome!
Затраты на продвижение: 8 сбд
Профит: 5.066 SBD and 2.038 SP
It took 3 days, the situation develops according to the second scenario, the cross in the blue ellipse is reached (~ 25k or $ 2.3):
But we must take into account the general situation in the market, which is close to panic. I transfer the input lower (~ 20k)
7 days later after forecast:
We see a little rebounce from predicted area, but it's only 10-15% and no volume.
Crypto/BTC is a great way.The earliest way to get rich and not just make money with crypyo is to buy BTC and hold for year or two..........
I'm not so optimistic, the crypto industry has many signs of a bubble, and now everything is much more difficult for beginners than in 2016.
This post has received gratitude of 2.28% from @appreciator courtesy of @park.bom!
You got a 22.98% upvote from @allaz courtesy of @park.bom!
This post has received a 11.72% upvote from @aksdwi thanks to: @park.bom.