BTCUSD: Hash Ribbons Buy Signals 2016-2020 Extrapolation
The buy signal (in blue) has not yet appeared on the Daily time-frame, we are however close to getting our 4th buy signal in so many years after the bullish MA crossover of the Hash Ribbons shorter & longer SMAs (30 & 60) has occurred. See recent buy signals in past 4 years as well as the returns to current June 27th closing price price of $9,010. Hard not to be feeling slightly bullish right now, pending confirmation.
Month Year: Price (+% since signal to date)
September 2016: $616 (+1,360%)
January 2019: $3,652 (+146%)
December 2019: $7,245 (+24%)
April 2020: $7,552 (+19%)
Weekly chart still pending MA crossover:
Monthly chart is still one step behind, not yet green even:
BTCUSD: Network Hash Gives 10th Buy Signal In 9 Years
Month Year: Price (+% since signal to date)
September 2016: $616 (+1,360%)
January 2019: $3,652 (+146%)
December 2019: $7,245 (+24%)
April 2020: $7,552 (+19%)
Weekly chart still pending MA crossover:
Monthly chart is still one step behind, not yet green even:
BTCUSD: Network Hash Gives 10th Buy Signal In 9 Years
Nota
Miner recovery signaled on Weekly time-frame, next for the buy signal?Nota
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.