๐ 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.
๐ The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
๐
CHART # 1:
PURPLE COLUMN = 24hr volume Bittrex / Poloniex combined
RED LINE = BTC PRICE from CoinBase trading platform GDAX
๐
๐ 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 |
๐ To date The BITCOIN TRADING SYSTEM # 4 has 22 trades 19 profits and 3 losses for a 86.36% accuracy and $6760 profit per Bitcoin traded.
๐
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 .
๐
Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update
๐
Please voice your opinions in the comments below.
SUMMARY
๐ BUY SIGNAL TODAY BUY BITCOIN @ $15,883 or better 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 .
๐ BUY SIGNAL TODAY BUY BITCOIN @ $15,883 or better 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 .
๐
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Recently bitcoin is not having a good atmosphere ..I hope it will continue travel to moon with no doubt.. nice analysis from you @me-tarzan
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This signal is sound, however its not an investment advice. I will be happy to see the upward move soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good info
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
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.
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
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.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome post very helpful like it!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
news of cryptocurrency that's great
always we get update news from you..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fair Man...Awsome BitCoin news
Your blog is pretty much beautiful and gives you many beautiful posts,
Best wishes for you,
Look at us and support.
Thank you
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
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Brilliant your post.Your thinking are so sharp.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the news of cryptocurrency..
that's great..
always we get update news from you..
thank's for sharing...@me-tarzan
@RESTEEM
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hopefully everything will be back to normal with Bitcon .... because Bitcon is the father and mother of all crypto.. if it's grows up... others Will ... if Bitcon STay all others will reduce as well.. hopefully for better of Bitcon..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i liked this post sir because it s a great post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What's your prediction for how Bitcoin will end up this year? It's been steadily recalibrating the past few days. Interesting if it can go over 18k by the end of the year. Surely people will buy into Bitcoin again.
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