! [
🐒 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 .
🐒
BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
image

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 | $ |
🐒
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.
image
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..
🐒
🐒 Users still under 40,000 again TODAY FOR BITCOIN HOLD LONG POSITION and SELL IT TOMORROW MORNING If users are back ABOVE 40,000 at the time I collect the data ( 7:00 AM EST )
have a great activity! Good luck always!! Friend of all