π USERS ONLINE 
π NEW SYSTEM ( ONLINE USERS SYSTEM # 2 )
π ONLINE USERS AT POLONIEX BITCOIN PRICE correlation I started collecting data on online users at poloniex . I try to collect the data about the same time every day. I was thinking it would be interesting to see how the amount of users increase or decrease with the Bitcoin price .
π
π SYSTEM # 2 / I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Green Column ) Fall Below 40,000 for the first time after being above 40,000 we can look for a rise in Btc price then exit the trade when Polinex users ( Green Column ) Rise Above The Day You Entered The Trade . I have placed a Black # 1 within the column at bottom of chart to show when to enter a BUY and a Black # 2 within the column at bottom of chart to show when to EXIT the trade .
GREEN COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
SUMMARY
π This has happened now 4 times and so far it has worked 4 for 4 for BTC to rise in price .Below are the results of using this Buy pattern.
BITCOIN USERS SYSTEM # 2 BUY PATTERN
| DATE | BUY PRICE | SELL TO EXIT | PROFIT / ( LOSS) | Cumulative P/L |
|---|---|---|---|---|
| 5/24/2017 | $ 2357 | $ 2806 | $ 449 | $ 449 |
| 5,27,2017 | $ 2040 | $ 2268 | $ 228 | $ 677 |
| 6/22/2017 | $ 2668 | $ 2700 | $ 32 | $ 709 |
| 6/30/2017 | $ 2537 | $ 2597 | $ 60 | $ 769 |
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 recommend 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.
Please voice your opinions in the comments below..
π
π 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 recommend 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.
Good Morning @me-atrzan! BTC headed below $2500 then will hit a rebound. As for @steemprice thats hope it just stays where its at.
Looks like you nailed it blueorgy and now its headed back down just like a roller coaster
I guess so π, btw if you have any witness votes open I'm here π
$1.215 USD/STEEMVolume: 70.9867 BTC, 148871 STEEM / Average Price: 0.00047683Last Updated Wed Jul 26 11:55:22 2017I like what you are doing steemprice
Hope everything goes well
You have a follower..thank you for the upvote on my post