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in bitcoin β€’Β  7 years agoΒ 

πŸ’ USERS ONLINE SYSTEM # 1


πŸ’ 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

πŸ’ 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

DATEBUY PRICESELL USERS BACK ABOVE 40,000PROFIT / ( 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

πŸ’ 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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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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πŸ’ Hold LONG POSITION using this system

Time I collect the data (7:00 AM EST)

Be sure to check out first thing every morning to see what the systems are doing that day.
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πŸ’ ONLINE USERS AT POLONIEX today 9,452

πŸ’ Hold LONG POSITION 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 .

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Coins mentioned in post:

CoinPrice (USD)πŸ“ˆ 24hπŸ“‰ 7d
BLUEBLUE0.281$29.45%-7.3%
BTCBitcoin8093.650$-2.89%-13.73%
DTADATA0.008$-3.19%-21.73%
STEEMSteem1.927$-5.6%-25.17%
TIMEChronobank14.939$-2.81%-21.15%