🐒 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 .
🐒 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 I 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
🐒 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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