This is the daily AgX chart for today 2018-02-21.
Today's 200 day moving average is 0.93 with a a STEEM/SBD ratio of 0.81.
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 near the top sell Steem. When the blue line is at the bottom sell SBD.
We're down to just 1-2 more before this moves to @agx.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
It seems that the trend could be changing. I had hoped to be able to cash out my SBD shortly and power up more Steem but it’s looking unlikely at present.
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it's really great post
amazing information
thanks @aggroed
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Nice, I've upvote please upvote and follback
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thanks brother for the information
Your posts are amazing
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Thanks alot for the info, i guess i will have to wait abit before trading. The market might change very soon
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good information
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Very interesting how this ratio fluctuates. What's best for authors do you think? Stronger SBD or stronger Steem?
Board the Steem Train.
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Your post always informative, thanks brother
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Thank you for the information I am glad for your notice, I am glad you can share it with us in steemit
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That's would be a really nice way of expanding the cryptos.. Thumbs up @aggroed.. You really doing nice things
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That's showing some good opportunity for conversion.
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realy nice post.Excellent move. I always see your post and follow you dear.
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Nice post .thanks for the information I think it's wise to wait a little before trading.
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Well Sir, the idea is much impressive, I think that should be getting on the basis of the deep analysis, it's really worth, indeed and helpful, many of us don't know which time is better for sell the #SBD, i never heard befor, this strategy.
Thanks for your contribution, actually that much convenient for the minnow, just like me.
Blessed you..
Steem On...
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Thanks for sharing i will done upvote I always see your post. good work and great job.
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Thanks for the heads up, this idea is great! Love all the projects you do for the steemit community! I run an art sharing initiative here on steemit, would love some feedback or maybe ideas on how to continue to grow and expand our community here on steemit.
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https://steemit.com/spanish/@valeria22/desde-apure-venezuela buen post saludos, desde ALTO APURE VENEZUELA.. VOTA POR MI ..
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I'm still at a lost at the sight of this chart. I really don't understand what's been displayed. Need help!
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