🐒 NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7
COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX
The ORIGINAL BITCOIN RESEARCH TRADING SYSTEM # 7 did ok in a bull market but did poorly in a bear market. Over a period of 20 months from May 27 , 2017 through January 7 , 2019 The original BITCOIN TRADING SYSTEM #7 had 93 trades 48 profits and 45 losses for a 51.61% accuracy and $685 PROFIT per Bitcoin traded.
Over the same period of 20 months from May 27 , 2017 through January 7 , 2019 The NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7 had 32 trades 23 profits and 9 losses for a 71.88% accuracy and $6,225 PROFIT per Bitcoin traded. The spreadsheet below will be continually updated as more trades occur .
🐒 I have added 2 new rules along with the existing rules to The NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7
1. Bitcoin price at 7:00 AM EST must be above the Bitcoin EMA 20
2. Bitcoin SMA 10 must be above the Bitcoin EMA 20 at 7:00 AM EST
🐒 24hr VOLUME BTC / CRYPTO CURRENCY ( ALT COINS ) and BTC price comparison
I feel like a lot of Bitcoin when purchased goes to Bittrex or Poloniex in order to trade other Alt coins. So I decided to start watching the 24hr volume of BTC traded on Bittrex and Poloniex to see how it correlates with the Bitcoin price.
🐒 The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
🐒 CHART # 1: BLUE COLUMN = 24hr volume Bittrex / Poloniex combined RED LINE = BTC PRICE from CoinBase Pro trading platform
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🐒 The NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7 pattern works like this when the first 2 consecutive days in a row the volume blue column falls (they are marked with a YELLOW #1) and the 2 new rules : Rule # 1. Bitcoin price at 7:00 AM EST must be above the EMA 20 and Rule # 2. SMA 10 must be above the EMA 20 at 7:00 AM EST When this occurred it is a signal to Buy Bitcoin and then Sell it approximately 48 hrs later. Below are the results of using The NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7
BITCOIN VOLUME BUY PATTERN DATE|BUY PRICE|SELL AFTER 48HR| PROFIT / ( LOSS)|Cumulative P/L -|-|-|-|- 5/27/2017|$ 2040|$ 2268|$ 228|$ 228 6/02/2017|$ 2428|$ 2560|$ 132|$ 360 6/08/2017|$ 2781|$ 2877|$ 96|$ 456 6/22/2017|$ 2668|$ 2714|$ 46|$ 502 7/27/2017|$ 2589|2705|$ 116|$ 618 7/31/2017|$ 2754|2720|( - $ 34 )|$ 584 8/04/2017|$ 2848|$ 3186|$ 338|$ 922 8/13/2017|$ 4082|$ 4083|$ 1|$ 923 8/21/2017|$ 4070|$4230|$ 160|$ 1,083 8/24/2017|$ 4192|$ 4320.00|$ 128|$ 1,211 9/07/2017|$ 4606|$ 4390|( -$ 216 )|$ 995 10/04/2017|$ 4251|$ 4394|$ 143|$ 1,138 10/07/2017|$ 4321|$ 4592|$ 271|$ 1,409 10/15/2017|$ 5589|$ 5650|$ 61|$ 1,470 10/19/2017|$ 5688|$ 6110|$ 422|$ 1,892 10/22/2017|$ 5795|$ 5735|( -$ 60 )|$ 1,832 10/26/2017|$ 5756|$ 5778|$ 22|$ 1,854 11/04/2017|$ 7156|$ 7348|$ 192|$ 2,046 11/14/2017|$ 6532|$ 7421|$ 889|$ 2,935 11/19/2017|$ 7758|$ 8229|$ 471|$ 3,406 11/26/2017|$ 9073|$ 9949|$ 876|$ 4,282 12/01/2017|$ 9945|$ 11,550|$ 1,605|$ 5,887 12/09/2017|$ 15,883|$ 16,687|$ 804|$ 6,691 3/04/2018|$ 11,134|$ 10,942|( -$ 192 )|$ 6,499 4/20/2018|$ 8,489|$ 8,950|$ 461|$ 6,960 4/27/2018|$ 9,360|$ 9,215|( -$ 145 )|$ 6,815 5/05/2018|$ 9,877|$ 9,289|( -$ 588 )|$ 6,227 7/21/2018|$ 7,295|$ 8,134|$ 839|$ 7,066 7/26/2018|$ 8,281|$ 8,176|( -$ 105 )|$ 6,961 8/31/2018|$ 6,949|$ 7,275|$ 326|$ 7,287 9/04/2018|$ 7,305|$ 6,375|( -$ 930 )|$ 6,357 12/30/2018|$ 3,834|$ 3,702|( -$ 132 )|$ 6,225 2/20/2019|$ 3,926|$ 3,928|$ 2|$ 6,227 2/23/2019|$ 3,937|$3,779|( -$ 158 )|$ 6,069 2/28/2019|$ 3,822|$3,809|( -$ 13 )|$ 6,056 3/10/2019|$ 3,888|$ 3,868|( -$ 20 )|$ 6,036 3/14/2019|$ 3,847|$ 4,006|$ 159|$ 6,195 3/17/2019|$ 3,965|$ 3,970|$ 5|$ 6,200 3/20/2019|$ 3,993|$ 3,980|( -$ 13 )|$ 6,187 3/27/2019|$ 4,013|$ 4,080|$ 67|$ 6,254 4/05/2019|$ 4,964|$ 5,118|$ 154|$ 6,408 4/09/2019|$ 5,204|$ 5,081|( -$ 123 )|$ 6,285 4/13/2019|$ 5,058|$ 5,141|$ 83|$ 6,368 4/26/2019|$ 5,155|$ 5,198|$ 43|$ 6,411 5/01/2019|$ 5,305|$ 5,677|$ 372|$ 6,783 5/05/2019|$ 5,733|$ 5,892|$ 159|$ 6,942 5/18/2019|$ 7,304|$ 7,931|$ 627|$ 7,569 5/24/2019|$ 7,976|$ 7,989|$ 13|$ 7,582 5/29/2019|$ 8,654|$ 8,272|( -$ 382 )|$ 7,200 6/01/2019|$ 8,553|$ 8,536|( -$ 17 )|$ 7,183 6/17/2019|$ 9,282|$ 9,133|( -$ 149 )|$ 7,034 6/20/2019|$ 9,245|$ 10,914|$ 1,669|$ 8,703 6/25/2019|$ 11,415|$ 11,701|$ 286|$ 8,989 6/29/2019|$ 11,800|$ 10,905|( -$ 895 )|$ 8,094 7/04/2019|$ 11,620|$ 11,385|( -$ 235 )|$ 7,859 7/07/2019|$ 11,256|$ 12,301|$ 45|$ 7,904 7/13/2019|$ 11,329|$ 10,288|( -$ 1,041 )|$ 6,863 8/10/2019|$ 11,862|$ 11,372|( -$ 490 )|$ 6,373 11/01/2019|$ 9,176 |$ 9,167|( -$ 9 )|$ 6,367 1/10/2020|$ 7,834|$ 8,110|$ 276|$ 6,643 1/13/2020|$ 8,066|$ 8,717|$ 651|$ 7,294 1/17/2020|$ 8,892|$ 8,658|( -$ 234 )|$7,060 1/20/2020|$ 8,605|$ 8,639|$ 34|$ 7,094 1/23/2020|$ 8,389|$ 8,297|( -$ 92 )|$ 7,002
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🐒 To date The NEW and IMPROVED / BITCOIN RESEARCH TRADING SYSTEM # 7 has 64 trades 40 profits and 23 losses for a 62.50% accuracy and $7,002 profit per Bitcoin traded.
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SUMMARY
🐒 EXIT TRADE / EXIT LONG POSITION using this system
The Bitcoin price is from Coinbase Pro trading platform .
🐒 DISCLAIMER : This content is for informational, educational and research purposes only. Please get the advice of a competent financial adviser 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 adviser, 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 @me-tarzan first thing every morning on https://steemit.com/@me-tarzan or https://bearshares.com/@me-tarzan to see what all 8 systems are doing that day. Daily Bitcoin / Steem / ( SBD ) STEEM DOLLAR Research Trading Systems Update
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