Community post
Steem/SBD and AgX evolution - 2020-03-12
https://agx123.herokuapp.com//A2020-03-12.jpg
This is the chart for today 2020-03-12.
Today's 200 days moving average factor is 0.21 for a STEEM/SBD ratio of 0.23.
The AgX is factor is1.13.
https://agx123.herokuapp.com//B2020-03-12.jpg
You can use the chart below to provide some historic suggestions of what's been good previously. If the blue line is in the top third of the chart it's a good time to sell Steem. If it's in the bottom it's a good time to sell SBD. Past performance isn't a guarantee of current valuations or trends.
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.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
Replies (1)
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