Hey guys,
So remember when SBD spiked last week? I was spruiking the fact we need to remember that the coin is a relatively low cap special that still has the potential to pump like this.
However as you can see, it didn’t hold and we’re streight back to the higher time frame support zone at the peg:
SBD/USD Daily
This chart just sums up the textbook bearish price action that the whole market is displaying and as a content creator on this beautiful platform, I can’t help but display some frustration. I know some of you who are left chipping away each day alongside me understand.
That spike and rejection out of the absolute first level of previous support turned resistance is an absolute killer when all we want to see here is some strength. Heck, I’d take anything when it comes to SBD right now.
At least we have the peg...
Right?
✌🏻.
@forexbrokr | Steemit Blog
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Return from SBD Weakness. At Least we Have the Peg... Right? to forexbrokr's Web3 Blog
