Top 10 Cryptos
At the moment of writing top 10 assets were predominantly bullish, with 9 of them in green and 1 of them in red.
Bitcoin jumped back to $9,000 after briefly floating underneath that level and all the alts seem to breath a little today.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.95 on Coinmarketcap, up from yesterday.
The 1 hour chart shows a steady recovery from yesterday's losses, with 43.5k satoshis level touched again.
The 1 day chart shows a that yesterday's red candle turned into a green "hanging man", signaling reversal, and today's candle, while undecided, it's in green as well.
SBD was trading, at the moment of writing, at $3.34 on average, up from yesterday.
The 1 hour chart shows the same recovery pattern as for STEEM.
The 1 day chart indicates the new stabilization level would be around 36k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.845 STEEM, slightly up from yesterday and below parity
Overall opinion: After a shaky Tuesday, markets seems to come back up. Bitcoin survival above $9,000 seems to be the key of this uptrend. STEEM is correcting upwards and SBD follows suit, but the parity is still broken.
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 
Wanna know when you're getting paid?
|
I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |