BUY SIGNAL AGAIN TODAY HOLD LONG POSITION FOR BTC / ONLINE USERS AT POLONIEX BITCOIN PRICE correlation
🐒 USERS ONLINE
🐒 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 .
🐒
BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
SUMMARY
🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Blue Column ) fall below 40,000 we can look for a rise in Btc price over the following 24hr . I have placed a Bitcoin symbol at bottom of chart to show when this has occurred. And this has happened now 3 times and so far it has worked 3 for 3 for BTC to rise in price over the next 24 hr's when users fall under 40,000.Below are the results of using this Buy pattern.
BITCOIN BUY PATTERN
DATE | BUY PRICE | SELL AFTER 24HR | PROFIT / ( LOSS) |
---|---|---|---|
5/24/2017 | $ 2357 | $ 2806 | $ 449 |
5,27,2017 | $ 2040 | $ 2273 | $ 233 |
6/22/2017 | $ 2668 | $ 2700 | $ 32 |
6/30/2017 | $ 2537 | $ |
🐒
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 recommend 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.
Please voice your opinions in the comments below..
🐒
🐒 ONLINE USERS AT POLONIEX today 36,872
🐒 BUY SIGNAL AGAIN TODAY FOR BITCOIN and SELL IT TOMORROW MORNING unless another buy signal is generated. Bitcoin price was $2485 at the time I recorded the data I will be holding my long position if the users are still below 40,000 in the morning I will continue to hold until the users are back above the 40,000 at the time I record my data. The Bitcoin price is from Coinbase .
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 recommend 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.
Good content , appreciated for this post
thank you princekayani
thanks for the info. What about other altcoins. do you trade them also?
At this time I only use this system and another system you can see it here https://steemit.com/bitcoin/@me-tarzan/62mvb3-today-hold-long-btc-comparison-24hr-volume-btc-crypto-currency-bittrex-poloniex to trade Bitcoin
I appreciate this post, amazing man
Why is it for poloniex traders alone.......will bitcoin price be different to other exchanges.....? Can I use poloniex signals to trade bitcoin in btcc or blocktrades?
If this signal works - and it's not sure it works or will continue working - you should be able to use it anywhere. If prices go up, prices go up across all platforms or there will be arbitrage possibilities.
Make sure to check out that DISCLAIMER though!
richie88
**I use Poloniex users because I have access to the number of users online there .That is the only thing this system has to do with Poloniex . I then use the data to trade Bitcoin on Coinbase.
The price I use for Bitcoin is from Coinbase and that is where I have gathered my data for this system .
At this time I only use this system and another system you can see it here https://steemit.com/bitcoin/@me-tarzan/62mvb3-today-hold-long-btc-comparison-24hr-volume-btc-crypto-currency-bittrex-poloniex to trade Bitcoin
.
Always good to see you kibbjez
Thanks Tarzy. Good to be round and to have your shtuff to reference.
Your signal is designated for short-term traders? Interesting post! I will follow your updating!
I appreciate your interest
Interesting~! I followed you to see how your signal works :) Thx for sharing interesting view!
Glad you found it interesting
hahaha well said, traders always waiting for cheap rate, they want to the moon, but BTC and DGB still scammed . so should be patients!
I love you post..
Great news 😊👍
I need some advice. Please, check out my post and make a comment if you have something to share with me. Thanks. https://steemit.com/bitcoin/@vikky/litecoin-invest-or-not-to-invest-in-this-cryptocurrency