π USERS ONLINE
SYSTEM # 1
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 .
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BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
π I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this one would purchase Bitcoin when Polinex users ( Blue Column ) Fall Below 40,000 for the first time after being above 40,000 we can look for a rise in Btc price . Then to exit the trade one would sell the position when Polinex users ( Blue Column ) Rise back Above 40,000 .
Below are the results of using Bitcoin Trading System #1.
BITCOIN USERS BUY PATTERN
| DATE | BUY PRICE | SELL USERS BACK ABOVE 40,000 | PROFIT / ( LOSS) | Cumulative P/L |
|---|---|---|---|---|
| 5/24/2017 | $ 2357 | $ 2806 | $ 449 | $ 449 |
| 5,27,2017 | $ 2040 | $ 2273 | $ 233 | $ 682 |
| 6/22/2017 | $ 2668 | $ 2700 | $ 32 | $ 714 |
| 6/30/2017 | $ 2537 | $ 17,250 | $ 14,713 | $ 15,427 |
| 12/16/2017 | $ 18,320 | $ 19,847 | $ 1,527 | $ 16,954 |
| 12/26/2017 | $ 15,169 | $ 15,770 | $ 601 | $17,555 |
| 12/31/2017 | $ 13,085 | $ 13,655 | $ 570 | $ 18,125 |
| 1/13/2018 | $ 14,222 |
SUMMARY
π To date The Bitcoin TRADING SYSTEM # 1 has 7 trades 7 profits and 0 losses for a 100.00% accuracy and $18,125 profit per Bitcoin traded.
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π Hold LONG POSITION using this system
Time I collect the data (7:00 AM EST)
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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 .
Please voice your opinions in the comments below..
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Be sure to check out @me-tarzan first thing every morning on https://steemit.com/@me-tarzan or https://bearshares.com/@me-tarzan to see what all 8 systems are doing that day.
Daily Bitcoin / Steem / ( SBD ) STEEM DOLLAR Research Trading Systems Update
π ONLINE USERS AT POLONIEX today 3,413
π Hold LONG POSITION using this system
The Bitcoin price is from Coinbase Pro trading platform .
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
Do You think bitcoin has reached bottom already or ?
I made a post today I would appreciate Your opinion
Hello @nicnicy Yes I do think that Bitcoin has put in the bottom of this bear market (JMHO). I think Litcoin is leading the way up check out my post on Litecoin that I made 27 days ago I think you will find it interesting .
https://bearshares.com/litecointradingresearch/@me-tarzan/litecoin-177-days-until-halving-daily-chart-february-11-2019