No Trade Today Stay In Cash / SYSTEM # 7 COMPARISON 24hr VOLUME BTC / CRYPTO CURRENCY BITTREX - POLONIEX

in #bitcoin7 years ago

🐒 24hr VOLUME BTC / CRYPTO CURRENCY ( ALT COINS ) and BTC price comparison

I feel like a lot of Bitcoin when purchased goes to Bittrex or Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of BTC traded on Bittrex and Poloniex to see how it correlates with the Bitcoin price.

🐒 The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .

🐒
CHART # 1:
BLUE COLUMN = 24hr volume Bittrex / Poloniex combined
RED LINE = BTC PRICE from CoinBase trading platform GDAX

🐒

🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when the first 2 consecutive days in a row the volume blue column falls ( they are marked with a YELLOW #1 ) When this occurred it is a signal to Buy Bitcoin and then Sell it approximately 48hrs later. Below are the results of using this Buy pattern.

BITCOIN VOLUME BUY PATTERN

DATEBUY PRICESELL AFTER 48HRPROFIT / ( LOSS)Cumulative P/L
5/27/2017$ 2040$ 2268$ 228$ 228
6/02/2017$ 2428$ 2560$ 132$ 360
6/08/2017$ 2781$ 2877$ 96$ 456
6/15/2017$ 2320$ 2564$ 244$ 700
6/22/2017$ 2668$ 2714$ 46$ 746
7/01/2017$ 2503$ 2485( -$ 18 )$ 728
7/07/2017$ 2582$ 2557( -$ 25 )$ 703
7/10/2017$ 25122338( -$ 174 )$ 529.00
7/27/2017$ 25892705$ 116$ 645
7/31/2017$ 27542720( - $ 34 )$ 611
8/04/2017$ 2848$ 3186$ 338$ 949
8/13/2017$ 4082$ 4083$ 1$ 950
8/21/2017$ 4070$4230$ 160$ 1110
8/24/2017$ 4192$ 4320.00$ 128$ 1238
9/07/2017$ 4606$ 4390( -$ 216 )$ 1022
9/10/2017$ 4186$ 4354$ 168$1190
9/17/2017$ 3592$ 4023$ 431$ 1621
9/21/2017$ 3890$ 3770(-$ 120 )$ 1501
9/24/2017$ 3646$ 3938$ 292$ 1793
9/30/2017$ 4271$ 4462$ 191$ 1984
10/04/2017$ 4251$ 4394$ 143$ 2127
10/07/2017$ 4321$ 4592$ 271$ 2398
10/15/2017$ 5589$ 5650$ 61$ 2459
10/19/2017$ 5688$ 6110$ 422$2881
10/22/2017$ 5795$ 5735( -$ 60 )$ 2821
10/26/2017$ 5756$ 5778$ 22$ 2843
11/04/2017$ 7156$ 7348$ 192$ 3035
11/14/2017$ 6532$ 7421$ 889$ 3924
11/19/2017$ 7758$ 8229$ 471$ 4395
11/26/2017$ 9073$ 9949$ 876$ 5271
12/01/2017$ 9945$ 11,550$ 1605$ 6876

🐒

🐒 To date The BITCOIN TRADING SYSTEM # 7 has 31 trades 24 profits and 7 losses for a 77.42% accuracy and $6876 profit per Bitcoin traded.

🐒

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 recommended 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.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

🐒

Please voice your opinions in the comments below.

SUMMARY

🐒 No Trade Today Stay In Cash using this system

The Bitcoin price is from the Coinbase trading platform GDAX .

Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update


🐒

🐒

Sort:  

🐒 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 recommended 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.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

🐒

Hey Bud great post thanks for sharing have a look at this might be something you can relate to https://steemit.com/ethereum/@ajkapss/microraiden-payment-channels-are-now-live-on-ethereum-main-network

Yep yep. Agreed. Just sold out of some Litecoin and sitting in fiat for the meanwhile.

Noble and valuable work, and you always do this and I am very grateful to get to know you with what you are doing, and I hope the future will be better and interesting, both analysis, data collection, and graphics and easy to understand when in come to an appropriate decision.

Valuable information and great work

A very useful guidance and become our growing growing ,,

Great post.. Bitcon a bit pause in Market today... thank for your with the community.

What a nice updates.. wow Bitcon has gone that far.. wooh lucky to investors.. to have kept their Bitcon long.. .

Thank you for your TA always. I look forward to great buy signal.

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 recommended 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.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .