A butterfly in cocoon

the bullish trend of the price is some kind of motivation for the developers in order to put more energy and effort on their ideas. solving its problems by introducing new solutions. IoTeX developers are trying to improve their idea while the mid-term and short-term trend of the price is not bullish at all. guess what? that can be considered as a good sign for the project and the the price.

approximately at January 1st, the team started to put more effort while the price was falling .

obviously the price is in the accumulation mode. this phase of the price usually brings the question: "when is it going to break the accumulation phase?" well, that is the million dollar question and the answer can not be exact, but getting out of this phase usually happens when the project attracts attention of the investors and the people. there is a cool metric for that which is Weighted sentiment total.

unfortunately I don't have the pro account, but it is obvious that since the start of February, this projects started to gain some attention to itself after about 4 month.

in the accumulation phase, price can be so sensitive to high volumes. just imagine some one who doesn't get any compliment from the people. as soon as one person tells him\her "you are so beautiful!" the whole world changes for her\him. IOTX needs a bit of attention in the form of trading volume.

at February 6th, the trading volume of the project experienced a small jump. the result was a 35% increase in the price.

in my opinion, value investing is the best way to invest. what can make it better? to invest on projects when u think the accumulation is getting close to an end. are there any tools for analyzing such a thing? yes, the sentiment metrics, cause originally sentiments is the price's parent.