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jomni

BTC AI Bot Purchase 13 May 2021

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
jomni Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Beyond Technical Analysis machinelearning machine_learning artificial_intelligence automatedtrading algotrading BTC BTCUSDT
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beyondta machinelearning machine_learning artificial_intelligence automatedtrading algotrading btc btcusdt
13 May 2021. AI is predicting that the close of 12 May 2021 will be a bottom and has purchased during the opening. Looks like there was a "flash crash" and the filled price was at 46949.18. This is quite far from the closing price.
The candlestick chart shows the spike.
snapshot

Previous boxes show past trade results.
Comment:
14 May 2021. Bottom called correctly but not a significant spike.
Comment:
15 May 2021. Still holding on to the position.
Comment:
17 May 2021. Still holding.
Comment:
18 May 2021. Still holding.
Comment:
19 May 2021. This may turn out to be a big loss. I'm thinking if the trading strategy should change from a single position to cost averaging. I'll see how it performs historically.
Trade closed: stop reached:
Finally sold at 39010.42 with a 15% loss. I actually retrained my model at it seems now to manage the previous crash better based on backtesting.
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