🐒 SYSTEM #3
🐒 Bitcoin is higher but I am still waiting for the volume to confirm another potential intermediate high
The 24hr volume BTC is the number of Bitcoins used to trade AltCoins on Bittrex and Poloniex .
I am watching the Volume price high closely . The purple circles for a completely different and Sell to exit long position only pattern.
It works like this: I have circled two volume highs on the chart and the btc price also made intermediate highs then as well . Now I'm thinking that as Bitcoin runs up again in price in new highs I should be watching the volume on this chart and if the volume makes two consecutive highs above 300,000 I will be selling some of my Bitcoin and then look for a place to repurchase the Bitcoin that I sold .
🐒 Two consecutive volume highs above 300,000 = Sell to exit your long Bitcoin
🐒 Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold
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Below spreadsheet results for SYSTEM # 3
NOTE : The volume and price are recorded at 7:00 AM EST and are not the highs or lows
| Date | Vol > 300,000 | Vol < 300,000 | Sell BTC Price | BuyBack Btc Price | % Drop in Price | Cumulative $ Value Gain/(Loss) per Bitcoin |
|---|---|---|---|---|---|---|
| 5/24/2017 | 357,571 | ----- | ----- | ----- | ----- | ----- |
| 5/25/2017 | 393,366 | ----- | $2806 | ----- | ----- | ----- |
| 5/26/2017 | ----- | 273,288 | ----- | ----- | ----- | ----- |
| 5/27/2017 | ----- | 258,013 | ----- | $2040 | 27.29% | $766 |
| 6/10/2017 | 329,914 | ----- | ----- | ----- | ----- | ----- |
| 6/11/2017 | 400,398 | ----- | $2905 | ----- | ----- | ----- |
| 6/14/2017 | ----- | 252,396 | ----- | ----- | ----- | ----- |
| 6/15/2017 | ----- | 251,288 | ----- | 2320 | 20.13% | $1351 |
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SUMMARY
🐒 By applying this system since May 24 , 2017 one could have gained $1351 per Bitcoin traded
🐒 Two consecutive volume highs above 300,000 = Sell to exit your long Bitcoin
🐒 Next watch for Two consecutive volume below 300,000 = Repurchase the Bitcoin you sold
🐒 Today Hold LONG BTC POSITION using this system
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