RE: SEC : S16/W5: Navigating the STEEM token
Hello friend greetings to you, hope you are doing well and good there.
You have given a beautiful explantation of Sentiment. you explain Sentiment Analysis is; the spotlight that portrays the emotions, feelings and overall image of a product, commodity, token or asset. This is very valid one dear friend. Now these sentiments decide the future price of the assets. Good sentiments drive it forward, bring more investors and users to the project, while negative is completely it's opposite.
Project Announcement, and Community Participation are the two big factors that effect the commodity. Ofcourse Twitter and Reddit has very much impact on crypto Currencies. they make it to raise high or dump very low. Your favorite inductor is Moving average and you said watching it along with sentiments Analysis is good option. This is the words of my heart. I believe technical analysis should be watched in combination with fundamentals or market sentiments.
I wish you very best of luck in this contest.
Thanks so very much for studying the details of my article. The spotlight to these emotions is the sentiment analysis and this can be an instrument to ascertain the progress of the token. The shout outs in project announcement and community participation are the sole efforts which are out in place to bring the positive movement on the tokens too. I enjoyed your feedback on my article and success I the dynamic. These kind words are indeed received with thanks.