STEEM Backed Dollar (SBD) may have more room to run

I encourage you to watch Hive account@dan-atstarlite 's video on his theory of why SBD has made such a large move up to a high of $13-$14 recently. Video here: https://steemit.com/vlog/@dan-atstarlite/the-steem-dollar-mystery-the-tether-hack-and-traders-buying-breakouts

So if his theory about traders moving into SBD as way to trade off technicals, then we actually may see SBD make a move higher. This scenario may play out if it confirms support around the $8-$9 level. This movement may dis/confirm the ascending triangle SBD appears to be producing.

Keep your eye on SBD over the next 10-14 days and we'll see how this plays out.