๐ USERS ONLINE
SYSTEM # 1
๐ 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
๐ I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this one would purchase Bitcoin when Polinex users ( Blue Column ) Fall Below 40,000 for the first time after being above 40,000 we can look for a rise in Btc price . Then to exit the trade one would sell the position when Polinex users ( Blue Column ) Rise back Above 40,000 .
Below are the results of using Bitcoin Trading System #1.
BITCOIN USERS BUY PATTERN DATE|BUY PRICE|SELL USERS BACK ABOVE 40,000| PROFIT / ( 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|$ 17,250|$ 14,713|$ 15,427 12/16/2017|$ 18,320|$ 19,847|$ 1,527|$ 16,954 12/26/2017|$ 15,169|$ 15,770|$ 601|$17,555 12/31/2017|$ 13,085|$ 13,655|$ 570|$ 18,125 1/13/2018|$ 14,222|
SUMMARY
๐ To date The Bitcoin TRADING SYSTEM # 1 has 7 trades 7 profits and 0 losses for a 100.00% accuracy and $18,125 profit per Bitcoin traded.
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๐ Hold LONG POSITION using this system
Time I collect the data (7:00 AM EST)
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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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