Market Snapshot - April 30th 2018
steemit·@dragosroua·
0.000 HBDMarket Snapshot - April 30th 2018
# Top 10 Cryptos At the moment of writing top 10 assets were predominantly bearish, with 8 of them in red and 2 of them in green. ***  *** Although Bitcoin is holding off above $9,000, the majority of the alts are correcting. NEO and Tron are the only assets in green, while EOS, the best performer of the last 2 days is correcting heavily. # STEEM And SBD At the moment of writing, STEEM was trading, on average, at $3.99 on Coinmarketcap, significantly down from yesterday. The 1 hour chart shows the price tested 43k satoshis once, on the downwards slope, and it's in the middle of the second testing now. ***  *** The 1 day chart shows 3 consecutive red candles, indicating a deeper correction (although not wiping previous gains) ***  *** SBD was trading, at the moment of writing, at $3.35 on average, slightly down from yesterday. The 1 hour chart indicates SBD is testing 36k satoshis downwards resistance, it's in the middle of the third test now ***  *** The 1 day chart shows that the price is testing 39k satoshis again, twice in the last week ***  *** # SBD to STEEM Ratio At the moment of writing, according to [steem.supply](http://steem.supply), for 1 SBD you get 0.849 STEEM, slightly up from yesterday and below parity ***  *** ## Overall opinion: After a very bullish Sunday, markets are correcting. Probably some traders are quick to take profits, or it may be because low trading volume related to the Labor Day mini-holiday. STEEM lost 1k satoshis and it's testing this layer for the second time today, but we're still up from 2 weeks ago. SBD is going down just a tad slower than STEEM. _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](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._ <center> </center> <hr/> <center> <h2>Wanna know when you're getting paid?</h2> </center> <table width="100%"> <tr> <td width="50%" align=left> <img src ="https://steemitimages.com/DQmY5EgrAesnAbWyBazuHaA2Rqb2y9kkJjX4SkGq4NqA9b1/Screen%20Shot%202018-02-16%20at%2011.30.44%20AM.png" width="250" heigh="100"> </td> <td width="50%" valign="top"> I know the feeling. That's why I created <a href="http://steem.supply" target="_new">steem.supply</a>, an easy to use and accurate tool for calculating your Steemit rewards </td> </tr> <tr> </table> <center><h2>It's free to use, but if you think this is a useful addition, I'd appreciate your <a href="https://steemit.com/~witnesses" target="_new">witness vote</a>.</h2> <h1>Thank you!</h1> </center> <center> # Psst: new to Steemit? [Start Here](https://steemit.com/@dragosroua/the-7-fundamental-questions-about-steemit) </center>
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