🐒 24hr VOLUME BTC / CRYPTO CURRENCY ( ALT COINS ) and BTC price comparison
I feel like a lot of Bitcoin when purchased goes to Bittrex or Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of BTC traded on Bittrex and Poloniex to see how it correlates with the Bitcoin price.
🐒 The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
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CHART # 1:
PURPLE COLUMN = 24hr volume Bittrex / Poloniex combined
RED LINE = BTC PRICE from CoinBase trading platform GDAX
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🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when the first 2 consecutive days in a row the volume purple column falls ( they are marked with a BLACK # 1 ) When this happens it is a signal to Buy Bitcoin and then Sell the long Bitcoin position when the first 2 consecutive volume purple columns increase ( they are marked with a BLACK # 2 )
Below are the results of using this Buy and EXIT pattern.
BITCOIN TRADING SYSTEM # 4
| BUY DATE | BUY PRICE | SELL DATE | SELL | PROFIT / ( LOSS) | Cumulative P/L |
|---|---|---|---|---|---|
| 5/27/2017 | $ 2040 | 5/30/2017 | $ 2304 | $ 264 | $ 264 |
| 6/02/2017 | $ 2428 | 6/04/2017 | $ 2560 | $ 132 | $ 396 |
| 6/08/2017 | $ 2781 | 6/11/2017 | $ 2905 | $ 124 | $ 520 |
| 6/15/2017 | $ 2320 | 6/18/2017 | $ 2565 | $ 245 | $ 765 |
| 6/22/2017 | $ 2668 | 6/27/2017 | $ 2398 | ( - $ 270 ) | $ 495 |
| 7/01/2017 | $ 2503 | 7/04/2017 | $ 2597 | $ 94 | $ 589 |
| 7/07/2017 | $ 2582 | 7/29/2017 | $ 2705 | $ 123 | $ 712 |
| 7/31/2017 | $ 2754 | 8/02/2017 | $ 2720 | ( - $ 34 ) | 678 |
| 8/04/2017 | $ 2848 | 8/08/2017 | $ 3410 | $ 562 | $ 1240 |
| 8/13/2017 | $ 4082 | 8/18/2017 | $ 4338 | $ 256 | $ 1496 |
| 8/21/2017 | $ 4070 | 8/28/2017 | $4314 | $ 244 | $ 1740 |
| 9/07/2017 | $ 4606 | 9/13/2017 | $ 3853 | ( -$ 753 ) | $ 987 |
| 9/17/2017 | $ 3592 | 9/19/2017 | $ 4023 | $ 431 | $ 1418 |
| 9/21/2017 | $ 3890 | 9/26/2017 | $ 3938 | $ 48 | $ 1466 |
| 9/30/2017 | $ 4271 | 10/02/2017 | $ 4462 | $ 191 | $ 1657 |
| 10/04/2017 | $ 4251 | 10/10/2017 | $ 4800 | $ 549 | $ 2206 |
| 10/15/2017 | $ 5589 | 10/17/2017 | $ 5650 | $ 61 | $ 2267 |
| 10/19/2017 | $ 5688 | 10/30/2017 | $ 6188 | $ 500 | $ 2767 |
| 11/04/2017 | $ 7156 | 11/07/2017 | $ 7204 | $ 48 | $ 2815 |
| 11/14/2017 | $ 6532 | 11/17/2017 | $ 7834 | $ 1302 | $ 4117 |
| 11/19/2017 | $ 7758 | 11/21/2017 | $ 8229 | $ 471 | $ 4588 |
| 11/26/2017 | $ 9073 | 12/04/2017 | $ 11,245 | $ 2172 | $ 6760 |
| 12/09/2017 | $ 15,883 | 12/13/2017 | $ 17,250 | $ 1367 | $ 8127 |
| 12/23/2017 | $ 15,382 | 12/29/2017 | $ 14,389 | ( -$ 993 ) | $ 7194 |
| 1/01/2018 | $ 13,330 | 1/03/2018 | $ 14,908 | $ 1578 | $ 8772 |
| 1/07/2018 | $ 16,609 | 1/10/2018 | $ 14,121 | ( -$ 2,488 ) | $ 6284 |
| 1/12/2018 | $ 13,896 | 1/17/2018 | $ 10,181 | ( -$3,715 ) | $ 2569 |
| 1/19/2018 | $ 11,824 | 2/10/2018 | $ 8665 | ( -$ 3159 ) | ( -$ 590 ) |
| 2/12/2018 | $ 8,694 | 2/14/2018 | $ 8,935 | $ 241 | ( -$ 349) |
| 2/17/2018 | $ 10,754 | 2/21/2018 | $ 10,961 | $ 207 | ( -$ 142 ) |
| 2/25/2018 | $ 9,650 | 2/27/2018 | $ 10,690 | $ 1040 | $ 898 |
| 3/04/2018 | $ 11,134 | 3/08/2018 | $ 9,938 | ( -$ 1,196 ) | ( -$ 298 ) |
| 3/10/2018 | $ 9,361 | 3/13/2018 | $ 8,928 | ( -$ 433 ) | ( -$ 731 ) |
| 3/17/2018 | $8,247 | 3/19/2018 | $ 8,250 | $ 3 | ( -$ 728 ) |
| 3/21/2018 | $ 9,073 | 3/27/2018 | $ 7,998 | ( -$ 1,075 ) | ( -$ 1,803 ) |
| 3/29/2018 | $ 7,490 | 4/02/2018 | $ 7,056 | ( -$ 434 ) | ( -$ 2,237 ) |
| 4/07/2018 | $ 6,862 | 4/09/2018 | $ 6,726 | ( -$ 136 ) | ( -$ 2,373 ) |
| 4/15/2018 | $ 8,122 | 4/17/2018 | $ 8,094 | ( -$ 28 ) | ( -$ 2,401 ) |
| 4/20/2018 | $ 8,489 | 4/24/2018 | $ 9,287 | $ 798 | ( -$ 1,603 ) |
| 4/27/2018 | $ 9,360 | 5/09/2018 | $ 9,181 | ( -$ 179 ) | ( -$ 1,782 ) |
| 5/13/2018 | $ 8,565 | 5/15/2018 | $ 8,787 | $ 222 | ( -$ 1,560 ) |
🐒 To date The BITCOIN TRADING SYSTEM # 4 has 41 trades 27 profits and 14 losses for a 65.85% accuracy and ( -$ 1,560 ) LOSS 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 .
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Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update
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Please voice your opinions in the comments below.
SUMMARY
🐒 No Trade Today Stay In Cash using this system . All data is collected at 7:00 AM EST give or take a few minutes .
The Bitcoin price is from the Coinbase trading platform GDAX .
🐒 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 .
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This user is on the @buildawhale blacklist for one or more of the following reasons:
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It is unequivocally suggested that you counsel with an authorized monetary expert before utilizing any data gave here . Any market information or news discourse utilized here is for illustrative and educational purposes as it were.
Exchanging includes an abnormal state of hazard. Future outcomes can be drastically unique in relation to the sentiments communicated thus. Past execution does not ensure future execution. Counsel a speculation proficient before contributing.
All thoughts , exchange signals , conclusions or potentially estimates are for enlightening, instructive and look into purposes just and ought not be interpreted as a proposal to contribute, exchange, or potentially theorize . Any ventures made in light of these thoughts, exchange signs, assessments, as well as gauges, communicated or inferred thus, are conferred at your own particular hazard. I am not a venture consultant, data shared here is for enlightening, instructive and examine purposes just and not a proposal to purchase or offer anything .
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