Top 10 Cryptos
At the moment of writing, top 10 assets were bullish, with all of them in green
Bitcoin gained more than 5% and it's slowly inching towards the key level of $6,800. All the other alts are looking happy too.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.40 on Coinmarketcap, slightly up from yesterday in fiat, and in BTC.
The 1 hour chart is relatively bullish, with 21k level being tested a few times
The 1 day chart is not showing any big signs of changing, but it is slightly bullish as well
SBD was trading, at the moment of writing, at $1.22, up from yesterday.
The 1 hour chart shows a sudden uptick pushing the price around 18.5k satoshis
The 1 day chart is slightly bullish as well
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.882 STEEM for 1 SBD, higher than yesterday, and under parity.
Overall opinion: Bitcoin is on the run for the key level of $6,8k, which, is broken on the upwards, will free the asset from the sideways trading trap it was in for the last couple of weeks, giving strong signs for a trend reversal. STEEM and SBD are looking good too, with STEEM going over $1.4.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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