QFL Trade Opportunity - 1.30.2018 - BNBETH - Analysis
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.