Total MarketCap: Sunday Cryptobloody Sunday
Given my perception that on Sundays the market always "low" I have taken the data of the last 25 Sundays.
An interesting sample since it represents almost 50% of Sundays of a year (in total there are 52 Sundays)
The sample includes the graphics of all Sundays from:
Sunday September 3, 2017 until Sunday, February 18, 2018.
What do the graphics and data tell us?
- Total observed Sundays:::::::::::::::::::::::::::::::::::::: 25 (100%)
- Total Sundays with price drops :::::::::::::::::::::::::: 18 (72%) << !!!!!!
- Total Sundays with price increase :::::::::::::::::::::: 05 (20%)
- Total Sundays without variation in prices :::::::::: 02 (08%)
Conclusions? (in case you want to trade)
Sundays: are an excellent day to enter the market buying down.
BUY ON SUNDAY
Saturdays: they are an excellent day to sell and collect profits.
SELL ON SATURDAY
Rest of days: Hodl and use your profits :)
I leave the graphics that I used to take the data, all provided by coinmarketcap.com
In order from September 2017 until February 18, 2018. Draw your own conclusions!
!
sunday1.png!
interesting, right?
@beiker <3
Espectacular!!!
Yes, the data is overwhelming
@beiker, you're a crack! A really data analyst! Great work!
Good advice, thank you. All ingenious is simple.
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great analysis.
very helpful for traders.