Hold LONG BTC POSITION USERS STILL UNDER 40,000 / ONLINE USERS AT POLONIEX BITCOIN TRADING SYSTEM # 1
🐒 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 .
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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 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 |
| 6/30/2017 | $ 2537 | $ |
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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 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..
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🐒 ONLINE USERS AT POLONIEX today 25,751 this trade was entered at $2537 on June 30 , 2017
🐒 Users still under 40,000 again TODAY FOR BITCOIN HOLD LONG POSITION and SELL IT TOMORROW MORNING If users are ABOVE 40,000 at the time I collect the data ( 7:00 AM EST ). Bitcoin price was $4082 at the time I recorded the data today. 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 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 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.
This rally might very well be your biggest gain yet following this system. We'll see what happens when user count hits your 40,000 treshold. This will be a good one to test this system. Best of luck!
thanks for the information.i planned to purchase a bitcoin when it go down,but it runs bullish.more over the reason of bitcoin high value the small investor can not invest in alt coin like me.its so depressing .thanks again for your valuable post.best of luck.
I was a bit disappointed but now feeling hopeful after reading your post... thanks for bringing me back to
No, I will trade all the way up. ; )
Wow. Looks like I have to learn some more indicators. Well played sir.
Is this a hard fork result or because btc now are accepted as a mode of payment in some retail store.
Not a big number of users may it is difficult to collect satochi...Thanks for the information