The need for SBD will be greater as Steemit grows so I don't think we'll see a dump unless some drastically changes are made. And like you said, the technical analysis looks great.
I recommended both Steem and SBD a while ago. Showing some gains already:
STEEM & SBD - Update - Analysis (42% and 54% gains) — Steemit https://steemit.com/steem/@benkalashnikov/steem-and-sbd-update-analysis-42-and-54-gains
RE: SBD: Will it go to $1?