No Trade Today Stay In Cash / SYSTEM # 2 ONLINE USERS AT POLONIEX BITCOIN TRADING SYSTEM # 2
🐒 USERS ONLINE ![](https://steemitimages.com/640x0/https://i.imgflip.com/1sl3qq.jpg)
🐒 NEW SYSTEM ( ONLINE USERS SYSTEM # 2 )
🐒 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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🐒 SYSTEM # 2 / I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Green Column ) Fall Below 40,000 for the first time after being above 40,000 we can look for a rise in Btc price then exit the trade when Polinex users ( Green Column ) Rise Above The Day You Entered The Trade . I have placed a Black # 1 within the column at bottom of chart to show when to enter a BUY and a Black # 2 within the column at bottom of chart to show when to EXIT the trade .
GREEN COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
SUMMARY
🐒 This has happened now 4 times and so far it has worked 4 for 4 for BTC to rise in price .Below are the results of using this Buy pattern.
BITCOIN USERS SYSTEM # 2 BUY PATTERN
DATE | BUY PRICE | SELL TO EXIT | PROFIT / ( LOSS) | Cumulative P/L |
---|---|---|---|---|
5/24/2017 | $ 2357 | $ 2806 | $ 449 | $ 449 |
5,27,2017 | $ 2040 | $ 2268 | $ 228 | $ 677 |
6/22/2017 | $ 2668 | $ 2700 | $ 32 | $ 709 |
6/30/2017 | $ 2537 | $ 2597 | $ 60 | $ 769 |
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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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🐒 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 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.
when you say stay in cash do you mean trade alt coins for cash on kraken for example?
What I mean is have money ready to buy Bitcoin when a buy signal is generated
Thank you for the clarification!
can a new user trade on poloneix??