π SYSTEM #3
π Bitcoin is higher but I am still waiting for the volume to confirm another potential intermediate high
The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
I am watching the Volume price high closely . The purple circles for a completely different and Sell to exit long position only pattern.
It works like this: I have circled two volume highs on the chart and the btc price also made intermediate highs then as well . Now I'm thinking that as Bitcoin runs up again in price in new highs I should be watching the volume on this chart and if the volume makes two consecutive highs above 300,000 I will be selling some of my Bitcoin and then look for a place to repurchase the Bitcoin that I sold .
π Two consecutive volume highs above 300,000 = Sell to exit your long Bitcoin
π Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold
π
Below spreadsheet results for SYSTEM # 3
NOTE : The volume and price are recorded at 7:00 AM EST and are not the highs or lows
| Date | Vol > 300,000 | Vol < 300,000 | Sell BTC Price | Buy Back Btc Price | % Drop in Price | Cumulative $ Value Gain/(Loss) per Bitcoin |
|---|---|---|---|---|---|---|
| 5/24/2017 | 357,571 | ----- | ----- | ----- | ----- | ----- |
| 5/25/2017 | 393,366 | ----- | $2806 | ----- | ----- | ----- |
| 5/26/2017 | ----- | 273,288 | ----- | ----- | ----- | ----- |
| 5/27/2017 | ----- | 258,013 | ----- | $2040 | 27.29% | $766 |
| 6/10/2017 | 329,914 | ----- | ----- | ----- | ----- | ----- |
| 6/11/2017 | 400,398 | ----- | $2905 | ----- | ----- | ----- |
| 6/14/2017 | ----- | 252,396 | ----- | ----- | ----- | ----- |
| 6/15/2017 | ----- | 251,288 | ----- | 2320 | 20.13% | $1351 |
π
SUMMARY
π Today Hold LONG BTC POSITION using this system
π By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
π Two consecutive volume highs above 300,000 = Sell to exit your long Bitcoin
π Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold
Be sure to check out first thing every morning to see what the systems are doing that day at
Daily Bitcoin / Steem Trading Systems Update
π
π
DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
SUMMARY
π Today Hold LONG BTC POSITION using this system
π By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
π Two consecutive volume highs above 300,000 = Sell to exit your long Bitcoin
π Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold
DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
π
wow @me-tarzan, I have been browsing through your blog posts and you just might be the most consistent blogger to be on this platform... Amazing and it compells my respect.
I would like to know, do you also sometimes post a status of the gains/losses per month per system you use?
Yes I do post them and will be posting them again soon . Not per month but since the beginning of each trading system .
Thank you for your support @fitzgibbon
Thanks for share to us
Think the Vol. will come in once the US market wakes up.
Great info mate..cheers
This system is really interesting, lately there is FUD and we'll see what happens
Thanks for sharing! π΅
The volume price high of 300, 000 is something i will be happy to see any time soon. This is going to drive more fund to the market.