Hold LONG BTC POSITION USERS STILL UNDER 40,000 / ONLINE USERS AT POLONIEX BITCOIN TRADING SYSTEM # 1

in bitcoin •  7 years ago 

🐒 USERS ONLINE SYSTEM # 1

🐒 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

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 then exit the trade when Polinex users ( Blue Column ) Rise Above 40,000 . I have placed a Black # 1 within the column 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 .Below are the results of using this Buy pattern.

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$

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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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🐒 Users still under 40,000 again TODAY FOR BITCOIN HOLD LONG POSITION and SELL IT TOMORROW MORNING If users are back ABOVE 40,000 at the 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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🐒 ONLINE USERS AT POLONIEX today 16,239 this trade was entered at $2537 on June 30 , 2017

🐒 Users still under 40,000 again TODAY FOR BITCOIN HOLD LONG POSITION and SELL IT TOMORROW MORNING If users are ABOVE 40,000 at the time I collect the data ( 7:00 AM EST ). Bitcoin price was $3646 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 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 .

Hey me-tarzan,
Nice work sir

Great Words to live by!!!!
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Interesting theory and observation. Will be interested to see if it continues to play out.

Good

No thing comment is nicce ::D

nice post.

it's useful.

Thanks for sharing @me-tarzan