🐒 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
🐒 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 then exit the trade when Polinex users ( Blue Column ) Rise Above 40,000 . I have placed a Black # 1 within the column 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 .Below are the results of using this Buy pattern.
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|
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