This is the daily AgX chart for today 2018-02-18.
Today's 200 day moving average is 0.94 for a STEEM/SBD ratio of 0.82.
What is AgX?
The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate.
When the blue line is at the top 1/3 of the chart it's a historically good time to sell steem for sbd. When it's at the bottom 1/3 of the chart it's a good time to sell sbd for steem. When it's in the middle it's tough to know what's best from a historical standpoint.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
Thanks for the projection, @aggroed.
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Okay, in other words panic sell... :)
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Still waiting to cut SBD across! But getting inpatient!
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In other words:... Hold...
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Wow. I like your post 👍
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I like your post Thanks for always letting us into info ✋🏻 @aggroed
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I didn't know this explanation of when to exchange SBD/STEEM using the mobile line. Thanks for the explanation colleague @aggroed
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thanks @aggroed for this this information now its time to convert SBD to steem.
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Momentum indicator?
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not much of a change.
i am optimistic that SBD and STEEM are gonna be the next big thing in the crypto space.
Thanks for always letting us into info such as this @aggroed
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great information and nice blog
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Will Steem Dollars hit 12 USD in a year?
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wow great post.
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The termite will rise in the coming days to give us great information thanks
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input imformasi a very good, thank you @aggroed
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Here's a free resteem courtesy of @kgakakillerg
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Thanks alot for this wonderful info. U have actually wake me up now.
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a different view
with resistance @aggroed
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I think hold it for while...
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Nice post
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Thanks for sharing another informative post
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Check out the mistake you made in the post:
"top 1/3 of the chart it's a historically good time to sell steem for sbd. When it's at the bottom 1/3 of the chart it's a good time to sell sbd for steem" shold be buy/sell and not only selling!
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it is an essential post that hepls us to make a right decision.
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Good info @aggroed Hope all is well :) Steem on
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wow. I like your post. thsnk's for the sharing post.
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Thank you for the information about Steam, you really need to skip off for viewing and familiarization, thank you very much
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