🐒 USERS ONLINE 
🐒 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 .
🐒
BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
SUMMARY
🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Blue Column ) fall below 40,000 we can look for a rise in Btc price over the following 24hr . I have placed a Bitcoin symbol at bottom of chart to show when this has occurred. And this has happened now 3 times and so far it has worked 3 for 3 for BTC to rise in price over the next 24 hr's when users fall under 40,000.Below are the results of using this Buy pattern.
BITCOIN BUY PATTERN
Bitcoin Price From CoinBase
| DATE | BUY PRICE | SELL AFTER 24HR | PROFIT / ( LOSS) |
|---|---|---|---|
| 5/24/2017 | $ 2357 | $ 2806 | $ 449 |
| 5,27,2017 | $ 2040 | $ 2273 | $ 233 |
| 6/22/2017 | $ 2668 | $ 2700 | $ 32 |
| 6/30/2017 | $ 2537 | $ |
🐒
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..
🐒
🐒 ONLINE USERS AT POLONIEX today 28,988 this trade was entered at $2537 on June 30 , 2017
🐒 BUY SIGNAL AGAIN TODAY FOR BITCOIN and SELL IT TOMORROW MORNING unless another buy signal is generated. Bitcoin price was $2519 at the time I recorded the data today. I will be holding my long position if the users are still below 40,000 in the morning I will continue to hold until the users are back above the 40,000 at the time I record my data. 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.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks man for this post very useful for me :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Finding any correlation is very interesting I think number of users in Poloniex might correlate with total number of users in all platforms trading bitcoin in another case I think such correlation might be doubtful as number of users in Poloniex represent small number of total users worldwide trading Bitcoin and influencing price...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like you post but i dont like polo im on bittrex now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You never know you may have figured out a pattern that works. It would be interesting to watch over a period of 3,6,9, months to see how well it works out.
I'll be watching if you will post it. Thanks for sharing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i don't suggest u buy any thing till august 1st
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BUY BUY BUY BUY =)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit