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

コメント:

Miner recovery signaled on Weekly time-frame, next for the buy signal?

コメント: