BITCOIN PROFIT-TAKING SYSTEM #3 <<>> Watching for another Volume Price High

in #bitcoin β€’ 7 years ago (edited)

πŸ’ SYSTEM #3

πŸ’ The BITCOIN PROFIT-TAKING SYSTEM #3 is for those people who want to stay long Bitcoin 99% of the time but would like to add some profit along the way .

πŸ’ 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 System # 3 is a 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 and Bitcoin price making new highs at the time I record the data (7:00 EST) I will be selling some of my Bitcoin and then watch for Two consecutive volume below 300,000 to repurchase the Bitcoin that I sold .

πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin

πŸ’ Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold

πŸ’

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

DateVol > 300,000Vol < 300,000Sell BTC PriceBuy Back Btc Price% Drop in PriceCumulative $ Value Gain/(Loss) per Bitcoin
5/24/2017357,571-------------------------
5/25/2017393,366-----$2806---------------
5/26/2017-----273,288--------------------
5/27/2017-----258,013-----$204027.29%$766
6/10/2017329,914-------------------------
6/11/2017400,398-----$2905---------------
6/14/2017-----252,396--------------------
6/15/2017-----251,288-----232020.13%$1351

πŸ’

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system

πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded

πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin

πŸ’ 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
πŸ’

πŸ’

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 .

πŸ’

Sort: Β 

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system

πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded

πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin

πŸ’ 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 .

πŸ’

Just one major cryptocurrency is gaining amid a market-wide sell-off
Tether, a digital token aiming to link the cryptocurrency environment to the fiat world, is up more than 3 percent in the last 24 hours, according to data from CoinMarketCap
That was despite the broad sell-off seen in most major digital currencies at the same time
One tether token is meant to equal $1, but price-checking website CoinMarketCap shows the price varying by a few cents over time
Tether has a market cap of $1.69 billion and traded at $1.04 per token at 10:05 a.m. HK/SIN

Your writing is really a beautiful and clean mind telling you, your mind is like a great mountain and sea as a liberal.
Man's love for the people you spell cost whether you may be long live.
DEAR FRIEND THAK SO MUCH

Thanks for update of bitcoin, vety beautful post,

I'll keep in touch to see what happens when that volume is reached.

Glad you shared this

How have you calculated the figure 300,00? Can you help me understand please?

Nice post :))

Β 7 years agoΒ (edited)Β 

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system


πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded


πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin


πŸ’ 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 .

πŸ’

Not all people use their time wisely at the same level. We even wasted our time often. We spend a lot of unnecessary work that will not take us forward, or we are told that we do not have much time in a day when we are dragged from one bad habit to another and we feel sorry for ourselves. You can learn a lot about a person by looking at how a person is using their time. We can do a data analysis about these people again. Like we did in the rest of the world. Everything consists of simple statements. It is as if those who analyze these well wish for the future.

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system
πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin
πŸ’ 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 .
πŸ’

No Trade Today Stay In Cash using this system
The Bitcoin price is from the Coinbase trading platform GDAX .
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 .
πŸ’

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system


πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded


πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin


πŸ’ 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 .

πŸ’

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system


πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded


πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin


πŸ’ 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 .

πŸ’

Japan’s Mitsubishi UFJ Financial Group (MUFG), the fourth largest bank in the world, will launch its own digital currency MUFG coin, local news publication Mainichi.jp reported Sunday, Jan. 14.

MUFG is the largest financial company in Japan and is set to become the first Japanese bank to issue a virtual currency, Mainichi.jp reports.

The bank had plans to develop a cryptocurrency as far back as 2016. According to Mainichi.jp, the launch date has now been finalized and is intended to take place in the FY 2018.

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.

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system


πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded


πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin


πŸ’ 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 .

πŸ’

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 .
πŸ’

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system
πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin
πŸ’ 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 .
πŸ’

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 .

As of press time, Bitcoin has lost almost 15% on the news, while the majority of major altcoin assets fared considerably worse, dipping between 20% and 30%, some of the top 30 coins even seeing 40% losses.

Bitcoin Cash, which had seen significant price advances in the first part of January, has fallen below $2000. Ripple stood at $1.36 at press time - less than half of its Jan. 4 high over $3.

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system
πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin
πŸ’ 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 .
πŸ’

SUMMARY

πŸ’ Today Hold LONG BTC POSITION using this system
πŸ’ By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
πŸ’ Two consecutive volume highs above 300,000 and Bitcoin price making new highs at the time I record the data (7:00 EST) = Sell to exit your long Bitcoin
πŸ’ 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 .