EXIT LONG BTC POSITION / BITCOIN TRADING SYSTEM # 4

# 🐒 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:**
PURPLE 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 purple column falls ( they are marked with a BLACK # 1 ) When this happens it is a signal to Buy Bitcoin and then Sell the long Bitcoin position when the first 2 consecutive volume purple column increases ( they are marked with a BLACK # 2 )

Below are the results of using this Buy and EXIT pattern.

BITCOIN TRADING SYSTEM # 4

BUY DATE|BUY PRICE|SELL DATE|SELL| PROFIT / ( LOSS)|Cumulative P/L
-|-|-|-|-|-
5/27/2017|$ 2040|5/30/2017|$ 2304|$ 264|$ 264
6/02/2017|$ 2428|6/04/2017|$ 2560|$ 132|$ 396
6/08/2017|$ 2781|6/11/2017|$ 2905|$ 124|$ 520
6/15/2017|$ 2320|6/18/2017|$ 2565|$ 245|$ 765
6/22/2017|$ 2668|6/27/2017|$ 2398|( – $ 270 )|$ 495
7/01/2017|$ 2503|7/04/2017|$ 2597|$ 94|$ 589
7/07/2017|$ 2582|7/29/2017|$ 2705|$ 123|$ 712
7/31/2017|$ 2754|8/02/2017|$ 2720|( – $ 34 )|678
8/04/2017|$ 2848|8/08/2017|$ 3410|$ 562|$ 1240
8/13/2017|$ 4082|8/18/2017|$ 4338|$ 256|$ 1496
8/21/2017|$ 4070|8/28/2017|$4314|$ 244|$ 1740
9/07/2017|$ 4606|9/13/2017|$ 3853|( -$ 753 )|$ 987
9/17/2017|$ 3592|9/19/2017|$ 4023|$ 431|$ 1418
9/21/2017|$ 3890|9/26/2017|$ 3938|$ 48|$ 1466
9/30/2017|$ 4271|10/02/2017|$ 4462|$ 191|$ 1657
10/04/2017|$ 4251|10/10/2017|$ 4800|$ 549|$ 2206

Must READ:   Malta Pilots Blockchain-Based Academic Certificate Recording System

# 🐒 To date The BITCOIN TRADING SYSTEM # 4 has 16 trades 13 profits and 3 losses for a 81.25% accuracy and $2206 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 ._

🐒
Be sure to check out first thing every morning to see what the systems are doing that day.
**_Daily Bitcoin / Steem Trading Systems Update_**

🐒

Please voice your opinions in the comments below.

**SUMMARY**
# 🐒 EXIT LONG BTC POSITION using this system . All data is collected at 7:00 AM EST give or take a few minutes .
**_The Bitcoin price is from the Coinbase trading platform GDAX ._**

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