Hello everyone,
This is week 3 of Hump Day - Chart Day and since the #3 has always been good to me in the financial world, I am thinking posting on LeoFinance may bring me that lucky boost we all appreciate from time to time.
I introduce you to some Run Charts.
Note: I used the term Run Chart but I could have said trend chart or a time series plot.
I have many years experience in collecting, filtering, normalizing, analyzing and even doing some Fast Fourier Transform (FFT) on datasets for the purpose of identifying incipient problem, predicting outcomes or validating a status quo. I get pleasure from breaking down a complicated possibility into manageable chunks of data connected in a way that creates a simple representation of reality. So the charts I am sharing is an example of the simplest form of modeling reality to answer the question. What is the perceived value of a token?
Let's take a look at some charts of tokens I follow and/or hold.
Remember, the time frame is only recent. It is a snapshot starting around the time I joined Hive. The vertical axis is exponential to show more sensitivity in the price movement.
First we look at BTC. Last week I made a guess of what the price would be at Friday closing and I won some #SPI so do check it out 27,775 fjworld winner
This week my guess is 28,234 What is your guess?
Now we see that BEE, the native token for the Hive Engine platform is demonstrating stability.
#CTP is searching for a support level.
#LEO may have found it's support level.
#ALIVE is showing some stability.
I have started to take interest in the trend of 3 more tokens.
Next week I will provide more content along with these charts. I like to move slowly into things, measure some response and adjust accordingly.
Disclaimer: You can do what you want with this information. It has nothing to do with me telling you what you should do with your own token holding. Your holding and trading activity is your decision. The purpose of sharing these charts is to give a perspective of perceived value based on trading data and to consider if there is alignment with deliverables associated with the purpose of the token.
Have an awesome day and please consider taking a peek at our #PEPT traffic exchange community. There you will be part of a living process to redefine the traffic exchanging world. One day, our PEPT token will be part of #humpdaychartday