No Trade Today Stay In Cash / SYSTEM # 7 COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX

in #bitcoin7 years ago

🐒 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 .

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CHART # 1:
BLUE COLUMN = 24hr volume Bittrex / Poloniex combined
RED LINE = BTC PRICE from CoinBase trading platform GDAX

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🐒 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

DATEBUY PRICESELL AFTER 48HRPROFIT / ( 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$ 25122338( -$ 174 )$ 529.00
7/27/2017$ 25892705$ 116$ 645
7/31/2017$ 27542720( - $ 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$ 14,809( -$ 1,800 )$ 6514
1/12/2018$ 13,896$ 13,535(-$ 361 )$ 6153

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🐒 To date The BITCOIN TRADING SYSTEM # 7 has 36 trades 26 profits and 10 losses for a 72.72% accuracy and $6153 profit per Bitcoin traded.

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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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Please voice your opinions in the comments below.

SUMMARY

🐒 No Trade Today Stay In Cash 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


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🐒 No Trade Today Stay In Cash 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 .

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No Trade Today Stay In Cash / SYSTEM # 7 COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX

yeah right 👍

🐒 No Trade Today Stay In Cash 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 .
🐒

🐒 No Trade Today Stay In Cash 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 .
🐒

🐒 No Trade Today Stay In Cash 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 .
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Today it's good time to buy i believe !

🐒 No Trade Today Stay In Cash 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 .
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Excellent, very nice, Thanks for informational post and sharing

Thanks for sharing! I've heard the term thrown around often, but never had it explained. I was always looking for something in the shape of a cross, not the short term MA crossing over the long therm MA on a rise. I could never find the cross shaped pattern! lol

🐒 No Trade Today Stay In Cash 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 .
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thanks sharing and information

South Korea's government has been signalling that it plans to crack down on cryptocurrency trading.

Exactly how it will do this remains vague. But just the threat of action has been enough to drive a sell-off across the market globally.

Bitcoin, for example, has lost nearly a quarter of its value in the past week. And so on Wednesday the virtual currency - which last month looked set to breach the $20,000 (£14,500) mark - was trading closer to $12,000.

Prices of cryptocurrencies are volatile at the best of time. Rises and falls of 10% or more in a day are not uncommon. And pinning down rationale for those sharp movements often involves guesswork.

The price of bitcoin slumped by 15 percent to drop below $12,000 for the first time since December 4. Ethereum, meanwhile, fell by over 20 percent to hover above $1,000 and Ripple is down 33 percent to $1.23 at the time of writing.

The price drop is having a huge impact. According to Coinmarketcap.com, a site that is quickly becoming the go-to price checker, just one of the top 100 highest valued cryptocurrencies isn’t in the red over the past 24 hours. That’s Tether.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 66631.72
ETH 3487.54
USDT 1.00
SBD 2.71