QFL Trade Opportunity - 1.30.2018 - BNBETH - Analysis

in #qfl7 years ago (edited)

Disclaimer: This is not advice, this is just information that can be consumed and used however you may wish - but it is not advice or guidance.

Results:

  • Opportunity percentage profit: 39.34%
  • 24 HR BTC Volume: ~500 BTC
  • Status of trade: Buy orders executed, waiting for the bounce!

Chart:

  • Based on my method of creating a base, my base is at 0.012098 (or so)...
  • Keep in mind I only set my alert for 7% below a base - which in this case is approximately 0.01125

Previous data shows me:

  • 26.91% average/median crack
  • 63.82% average/median crack to bounce
  • 34:00 hours average/median time elapsed between low of crack and high of bounce (less than 48 hours we are OK)

Buy Orders:

Since there is a 26.91% average/median crack; I decided to create buy orders at 13.5%, 15.3%, and 16.2% below the base to try to "time" the "average/median crack" of 26.91% below the base as best as possible.
So my buy orders are at:

  • 0.01045612 - 20% of stack
  • 0.01023854 - 30% of stack
  • 0.01012974 - 50% of stack

Sell Orders:

Since there is a 63.82% average/median crack to bounce, I decided to create my sell orders at 29.16%, 38.88%, and 48.6% above the average/median crack to ensure I get them off.
So my sell orders are:

  • 0.01343702 - 50% of stack
  • 0.01461197 - 30% of stack
  • 0.01578693 - 20% of stack

Again, the opportunity for potential profit according to QFL strategy is 39.34% on this trade.