Steem/SBD and AgX evolution - 2018-02-18

in agx •  7 years ago  (edited)



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)
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Thanks for the projection, @aggroed.

Okay, in other words panic sell... :)

Still waiting to cut SBD across! But getting inpatient!

In other words:... Hold...

Wow. I like your post 👍

I like your post Thanks for always letting us into info ✋🏻 @aggroed

I didn't know this explanation of when to exchange SBD/STEEM using the mobile line. Thanks for the explanation colleague @aggroed

thanks @aggroed for this this information now its time to convert SBD to steem.

Momentum indicator?

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

great information and nice blog

Will Steem Dollars hit 12 USD in a year?

wow great post.

The termite will rise in the coming days to give us great information thanks

input imformasi a very good, thank you @aggroed

Here's a free resteem courtesy of @kgakakillerg

Thanks alot for this wonderful info. U have actually wake me up now.

a different view
with resistance @aggroed

I think hold it for while...

Nice post

Thanks for sharing another informative post

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!

it is an essential post that hepls us to make a right decision.

Good info @aggroed Hope all is well :) Steem on

wow. I like your post. thsnk's for the sharing post.

Thank you for the information about Steam, you really need to skip off for viewing and familiarization, thank you very much