BUY SIGNAL given at $2537 FOR BTC ONLINE USERS AT POLONIEX BITCOIN PRICE correlation

in #bitcoin7 years ago (edited)

🐒 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 over the following 24hr . I have placed a Bitcoin symbol 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 over the next 24 hr's when users fall under 40,000.Below are the results of using this Buy pattern.

BITCOIN BUY PATTERN

DATEBUY PRICESELL AFTER 24HRPROFIT / ( LOSS)
5/24/2017$ 2357$ 2806$ 449
5,27,2017$ 2040$ 2273$ 233
6/22/2017$ 2668$ 2700$ 32
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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🐒 BUY SIGNAL TODAY FOR BITCOIN and SELL IT TOMORROW MORNING

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🐒 ONLINE USERS AT POLONIEX today 37,801

🐒 BUY SIGNAL TODAY FOR BITCOIN and SELL IT TOMORROW MORNING Bitcoin price was $2537 at the time I recorded the data by the time I got mine bought I had to pay $2540.85

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.

Thanks me-tarzan I made some good $$$ on your last recommendation I'm going for it again thanks for all the work .

Thanks for that advice

Thank you for putting together such a well written and informative post. I find your thinking to even begin tracking the correlation of these data points to the market price to be quite brilliant frankly.

I would love to keep informed on this matter going forward!

Thank you n0maddrwhat I will be up dating this daily

Nice info, personally I'm a bit hesitant to hold too much Bitcoin until the community has a clearer idea about the direction of the chain after August 1st.

What are you thoughts on the Segwit2x/BIP148/whatever else debate?

I post about the analysis I use to inform my investment decisions; it's largely solid information-based, such as beta releases etc., so I always appreciate the input of chart-watchers :) if you ever wanna chat crypto, hit me up @jhcooper7

What are you thoughts on the Segwit2x/BIP148/whatever else debate?

I have been selling much of my BTC and buying Steem Because I really have some fear of the whole Segwit2x/BIP148 controversy and I feel Steem has a bright future .

That's an interesting approach! I've been moving into ETH & LTC, but Steem may be a safer bet. It's slightly more detached with a seperate use case completely :)

That is a very interesting form of analysis. I've never seen anyone use this before.

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