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

in #agx7 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.


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Original idea by @aggroed (Developed by @stoodkev (
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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

a different view
with resistance @aggroed

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

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

input imformasi a very good, thank you @aggroed

Here's a free resteem courtesy of @kgakakillerg

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.

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