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RE: STEEM DOLLAR (SBD) Target $31.45
Scarlet, are the 'potential' timelines on Haejin's potential pathways pretty real time?
eg: On this SBD chart his count says within a few days we might see this SBD jump.
Obviously no one can see the future (except Haejin lol), but do we take the days in the future as a realistic timeline potential or do we space it out over a wider time frame?
is $31.45 by the 15th a realistic possibility or would you change that to like 7 days or a month (and if so, why?). Hope this question makes sense. Like is the projected pathway of $31 just looking like it's within a few days because he has no more room for the wave to go?
Thanks again for all your input Scarlet. Reading your comments is priceless!
I'll reference you to his own answer to that: https://steemit.com/bitcoin/@haejin/essay-why-is-time-projection-so-difficult-for-technical-analysts
Time is neither Linear nor two dimensional....
And thank you!
thanks for the link. I've been HODLing for a while now just eager to see this baby breakout again. I will just remain patient :D
Thanks again!
Take some profits on the highs....30-50%. Then keep some in case it rides higher after your first profit taking.
is it just me or did SBD break out below the right triangle on 'e'? That's not a good sign is it? gulp.
edit: the daily low was down to $9 but I actually think that was the 'bottom' before this breakout.
I agree. It was indeed too good to be true.
Don't be silly....it already is true and good. And it will get gooder and truer.
Amen!
I wouldn't worry too much. You can see on the C part of the same triangle it broke slightly below and rallied back easily.
Everything is still suggesting this baby is going to pop within days.
See the volume matching the bursts? You can actually match EVERY rise to decreasing volume....but those are the big ones......so what's coming next?
Bull flag alert!
So that's 2 bull flags on the back of each other? like a spring?
Jesus. Strap in.
licking my lips. Thanks for the volume comparison too. So when volume goes down, the price is more likely to rise? I noticed that bitcoin doesn't seem to have as much volume during some of these runs too. Appreciate it Scarlet!