I really don't think 14k to 12k is out of the question. Looking at horizontal support, silver cross to the down side golden pocket and fixed range from previous macro low and high, you have to at least entertain the idea we could head into these price levels. Hash ribbons giving a capitulation signal. Also happens to be around an 80% retracement, which is...
Plz zoom out as much as you can As you know halving takes place every 120,000 blocks are mined, 4th halving will take place as soon as the 840,000th block is mined I came to 3 different possible dates of the 4th halving, the mean of them is ARP.19.24 & 1430 days of cycle; roughly As if today 2/23/2022 725,000 blocks are mined, 45% mark from 630,000 to 840,000 and...
I've had this chart for a while and wanted to make a log of it so that I can reference in the future Basically I marked off the previous buy Hash Ribbon signal to the high and made the same for the most recent buy Waiting to see how it performs from now till December 16th 2021 --------- This was an expansion from this chart I made earlier this year ...
Hash Ribbons is a long-term signal that is used to indicate macro bottoms on the bitcoin price chart. Analysis of its historical effectiveness suggests it is an important indicator for identifying a buying opportunity. Unlike the single SMA strategy, the Hash Ribbon works with two simple moving strategies, one 30-day moving average and one 60-day moving average....
Last Time Hash Ribbon Signal dec.2020 Now, new signal ...
Introduction Bitcoin is in a very confusing time right now. There are lots of bullish sentiment happening with bitcoin but technically it is looking like the bullishness is beginning to fade and the price action is beginning to look bearish. Whether this is the first sell off or bear trap and price resumes higher in a macro trend remains to be seen. This idea...
Bitcoin Hash Rate is reaching higher levels. Although it hasn't reached ATH levels, it has almost completely recovered from the China mass-exodus (if there was any at all!). Hash rates and prices are highly correlated, and the hash ribbon has already published a green buy signal. Opposing my own views in my last post, Bitcoin has a high probability of...
This idea is pretty straight forward. The hash ribbon traditionally have been a great indicator of when to buy, aside from what the hash ribbon means for the network. But the hash ribbon is not a sign to get silly with margin nor is it a signal that the price will not set another low. The Covid 19 dump and the bear market of 2015 show that prices can get...
The Ethereum Hash Rate Ribbon indicator has turn green since August 9, 2021. The indicator is one of the most important and reliable indicators as a long-term buy/sell signal. Basically it means that the market low of 1700 USD after the crash in May is a macro event below which the Ethereum market will never fall again. Bitcoin also has bottomed at about $30,000...
We may see further retracement to fill the cme gap or maybe low enough to retest the closest purple trendline in the immediate term but in the medium term we are likely continue upward. This buy signal is usually pretty reliable and we still have room to climb to reach the measured move target of the falling wedge we broke out of multiple weeks ago. *not...
One of the strongest long term signals for crypto just fired. Buy. Mining rate is recovering after the China crackdown. Newer, more green, miners taking over, ready for the next leg of growth.
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 Best regards EXCAVO
You do the math and historical survey - I'm busy longing the cr@p out of this.
Weekly Hash Ribbons buy signal confirmed, price: $43,829 (CB). This would be the 12th buy signal in 9.5 years if not mistaken, after the most aggressive miner capitulation since 2021 with hash rate dropping by more than 50%. . This buy signal is the first in 8 months as well as first of 2021, since the price of $19.375 last year. Recent buy signals : Nov 2020:...
buy the dip whales bought the dip.we bought when the price was 32500(related idea)
The hash ribbons indicator shows a buy signal which usually leads to weeks and months of upside. The last time the signal appeared, BTCUSD rallied 250% to the most recent ATH of $65k.
It's time stack sats. Bitcoin doubles every time this indicator flashes buy.
So the rare blue hash ribbon buy signal just appeared. Historically, this always was a great time for long term accumulation. Every new ATH always had a new blue hash ribbon buy signal beforehand. However, while this was in the past great news to get bullish, this time it might be different. How I interpret it: Usually when mining become less profitable,...