QFL Trade Opportunity - 1.30.2018 - TRXETH - 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: 30.34%
24 HR BTC Volume: 5,216 BTC
Status of trade: Buy orders executed, waiting for the bounce!

Chart:

  • Based on my method of creating a base, my base is at 0.00007028 (or so)...
  • Keep in mind I only set my alert for 7% below a base - which in this case is approximately 0.00006536

Previous data shows me:

35% average/median crack
57.76% average/median crack to bounce
4:00 hours average/median time elapsed between low of crack and high of bounce

This would be a solid coin to QFL

Buy Orders:

Since there is a 35.06% average/median crack; I decided to create buy orders at 18.9%, 22.05%, and 26.25% below the base to try to "time" the "average/median crack" of 35% below the base as best as possible.
So my buy orders are at:
0.00005682 - 20% of stack
0.00005461 - 30% of stack
0.00005167 - 50% of stack

Sell Orders:

Since there is a 57.76% average/median crack to bounce, I decided to create my sell orders at 30.78%, 35.91%, and 42.75% above the average/median crack to ensure I get them off.
So my sell orders are:
0.00006710 - 50% of stack
0.00007070 - 30% of stack
0.00007549 - 20% of stack

Again, the opportunity for potential profit according to QFL strategy is 30.34% on this trade.