🐒 A bottom chart pattern has formed in Steem Dollars and it looks like a W on the one hour charts . The objective of this W chart pattern is 0.00079270 btc and that would be $9.67 with Bitcoin price at $12,200.00 as you know or maybe you don't know that the $ USD price will change on an altcoin that is traded against Bitcoin as the BTC price changes .
Here is an Example
| (SBD) btc price | BTC price | (SBD) $ USD price |
|---|---|---|
| 0.00079270 | $ 12,200 | $ 9.67 |
| 0.00079270 | $ 16,500 | $ 13.07 |
As you can see the (SBD) btc is the same price but the (BTC) usd changed and that changed the usd price of the (SBD)
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