Hold LONG POSITION / SYSTEM # 7 COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX
🐒 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 trading platform GDAX
🐒
🐒 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 blue column falls ( they are marked with a YELLOW #1 ) When this occurred it is a signal to Buy Bitcoin and then Sell it approximately 48hrs later. Below are the results of using this Buy pattern.
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 |
| 6/15/2017 | $ 2320 | $ 2564 | $ 244 | $ 700 |
| 6/22/2017 | $ 2668 | $ 2714 | $ 46 | $ 746 |
| 7/01/2017 | $ 2503 | $ 2485 | ( -$ 18 ) | $ 728 |
| 7/07/2017 | $ 2582 | $ 2557 | ( -$ 25 ) | $ 703 |
| 7/10/2017 | $ 2512 | 2338 | ( -$ 174 ) | $ 529.00 |
| 7/27/2017 | $ 2589 | 2705 | $ 116 | $ 645 |
| 7/31/2017 | $ 2754 | 2720 | ( - $ 34 ) | $ 611 |
| 8/04/2017 | $ 2848 | $ 3186 | $ 338 | $ 949 |
| 8/13/2017 | $ 4082 | $ 4083 | $ 1 | $ 950 |
| 8/21/2017 | $ 4070 | $4230 | $ 160 | $ 1110 |
| 8/24/2017 | $ 4192 | $ 4320.00 | $ 128 | $ 1238 |
| 9/07/2017 | $ 4606 | $ 4390 | ( -$ 216 ) | $ 1022 |
| 9/10/2017 | $ 4186 | $ 4354 | $ 168 | $1190 |
| 9/17/2017 | $ 3592 | $ 4023 | $ 431 | $ 1621 |
| 9/21/2017 | $ 3890 | $ 3770 | (-$ 120 ) | $ 1501 |
| 9/24/2017 | $ 3646 | $ 3938 | $ 292 | $ 1793 |
| 9/30/2017 | $ 4271 | $ 4462 | $ 191 | $ 1984 |
| 10/04/2017 | $ 4251 | $ 4394 | $ 143 | $ 2127 |
| 10/07/2017 | $ 4321 | $ 4592 | $ 271 | $ 2398 |
| 10/15/2017 | $ 5589 | $ 5650 | $ 61 | $ 2459 |
| 10/19/2017 | $ 5688 | $ 6110 | $ 422 | $2881 |
| 10/22/2017 | $ 5795 | $ 5735 | ( -$ 60 ) | $ 2821 |
| 10/26/2017 | $ 5756 | $ 5778 | $ 22 | $ 2843 |
| 11/04/2017 | $ 7156 | $ 7348 | $ 192 | $ 3035 |
| 11/14/2017 | $ 6532 | $ 7421 | $ 889 | $ 3924 |
| 11/19/2017 | $ 7758 | $ 8229 | $ 471 | $ 4395 |
| 11/26/2017 | $ 9073 | $ 9949 | $ 876 | $ 5271 |
| 12/01/2017 | $ 9945 | $ 11,550 | $ 1605 | $ 6876 |
| 12/09/2017 | $ 15,883 | $ 16,687 | $ 804 | $ 7680 |
| 12/23/2017 | $ 15,382 | $ 14,438 | ( -$ 944 ) | $ 6736 |
| 1/01/2018 | $ 13,330 | $ 14,908 | $ 1578 | $ 8314 |
| 1/07/2018 | $ 16,609 |
🐒
🐒 To date The BITCOIN TRADING SYSTEM # 7 has 34 trades 26 profits and 8 losses for a 76.47% accuracy and $8314 profit per Bitcoin traded.
🐒
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.
SUMMARY
🐒 Hold LONG POSITION using this system
The Bitcoin price is from the Coinbase trading platform GDAX .
Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update
🐒
SUMMARY
🐒 Hold LONG POSITION 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 .
🐒
🐒 Hold LONG POSITION 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 .
🐒
@me-tarzan in fact you are a pro. These analysis will help me to go along way in crypto investment. Thanks
Interesting idea.
The portability will allow this group to go where the energy costs are lowest and also to the jurisdictions that are most friendly to its business.
I believe governments will increasingly see cryptocurrencies as a threat and will try to crack down on them.
I'm already reading reports that Chinese miners are moving to Canada.
(I don't think that governments will be successful in banning cryptocurrencies, but they will try nonetheless.)
Awesome set of data! Thank you for providing this to the community.
Please advice mi on the seven bitcoin system of trading.I thing am interested in it..relevant information and nice post also..@me-Tarzan.
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 .
Wow this is awesome info so glad I followed you once I start making some money I'll glad buy you a beer until that thanks for the advice I love steemit for this reason people like you who have choosen to spread the word on their hard work and research which you could easily keep to yourself your of the charts on the awesomeness meter thanks alot