Hash Ribbons officially gave a buy signal after one of the longest capitulations in its history. In fact, this indicator was added to the favorites of 10,000 people on TradingView.
What do you think about this indicator? and share your favorite indicators with us
@simplejoe1, I think the comment above will be the most popular, so everyone will see it
fb2a1004
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@RamzaBehoulve, by your logic, more popular indicators in TA is useless then. I just heard about hash ribbon for the first time
RamzaBehoulve
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@fb2a1004, It's not about what is most popular, but the importance given to it in the community. The fact this "buy signal" has done the round of the world by now on every crypto news and social media is enough to tell me it doesn't matter.
But yes, most TA indicators are crap as they can be manipulated by entities with vast amount of ressources. If you want a good one, you pretty much have to make it yourself. And then keep it to as few people as possible.
Satofomo
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@RamzaBehoulve, lol This indicator has been giving the best signals for 9 years.
mr_willmedina
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i think that telling me to buy at almost 50k and not a 29k makes it unreliable.
Looks like the perfect tool to engineer a bulltrap to me.