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Hashribbons

Bitcoin | Ascending Triangle & Bearish Divergence..!!#BTC #Bitcoin (Update) On 13th July, "HASH RIBBON" indicator Printed Buy Signal & After that Bitcoin Increased +28% So far in 30 Days (Not Bad at All) In 1D Time frame, Bitcoin Has been Forming Ascending Triangle Pattern. According to Triangle Formation, I'm Expecting that Bitcoin Will Remain Stable inside the Triangle (Consolidation) for Next Few Days (8-12 Days) At the Moment, 12k Acting As Strong Resistance & Trendline of Triangle Acting As Support. In Case of Triangle Upside Breakout, Next Stop Would be Around 13k Area. & If Triangle Broken Downside, Bitcoin Might test the 10.6-10.8k Area . RSI (Relative Strength Index) Indicator Printing Bearish Divergence As Well 👀 FYI, There is a Unfilled CME gap as Well in 9645-9925 Range. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
BYBIT:BTCUSD.PLong
by Faibik
12
Bitcoin | Triangle Breakout & Hash Ribbon "Buy Signal" ..!!BTC (Update) In HTF, Triangle Upside Breakout Done After 955 Days Consolidation..!! At the Moment, Bitcoin Bulls in Full Control & Holding the 11k Support But Still Bulls Need More Strength to Clear the Resistance ( 12,8k Area) I'm Expecting Bullish Rally towards the 20000 in Midterm (Bitcoin Might Follow #GOLD) Bitcoin Hash Ribbon "Buy Signal) Bitcoin Price has Increased Almost 32% So far after Hash Ribbon BUY SIGNAL 📈 Hash Ribbon Indicator Work Perfectly As It Did in Past.. CME Futures Unfilled gaps..!! On the Other Hand, Another Bitcoin CME futures gap Opened at 11350. Last Week (27th July), CME gap Opened at 9645 (Unfilled) Sooner or later gaps get filled 😊 Bitcoin Fear and Greed Index is 80 - Extreme Greed 🤑 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
BITSTAMP:BTCUSDLong
by Faibik
22
Weekly falling wedge on XRPUSD on coinbaseWe can see we have 6 valid touches on the bottom red trendline...hard tot ell whether the yellow trendline or the green trendline is the more valid top trendline of the wedge...but hopefully its the yellow trendline that price action is currently above. If we can maintain steady support above this yellow trendline then that should hopefully lead to a bullish breakout from the wedge but we will have to also of course clear the green trendline to to confirm that breakout. On the 1 day chart (not shown here) we have a buy signal that just occurred on the hashribbons indicator...no signal yet on the weekly chart but the buy signal on the daily is still a very bullish sign of things to come in the near future.m
COINBASE:XRPUSD
by DrDovetail
BTCUSD: Logirthmic Curve & Network Growth : $100K in 2021?Logirthmic Growth Curve and Bitcoin Network Hash Rate perspective; long-term bullish and very much on track. Previous cycle extrapolation points to new ATH in March/June 2021, followed by $100K by December 2021. Ie 6-9 months to new ATH, 12 months to $50K and 18 months until new top around $100K. Flags & golden bars represent halvings. Buy signals indicate network is continuing to grow. Buy the growth, long the net Hash Ribbons Buy Signals 2016-2020 Extrapolation
BNC:BLXLong
by dragononcrypto
BTCUSD: Hash Ribbons Buy Signals 2016-2020 ExtrapolationThe 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
BNC:BLXLong
by dragononcrypto
1
[BTC] Healthy Retracement After Halving. Bitcoin faces the trend line resistance again, now the price action in the lower time frame shows the trend is getting weaker after halving . The past week you can see bitcoin is kissing the overhead trend line multiple times but failed to close above it. The MACD , volume shows bearish in daily. Fundamentally, the hash ribbon seems to have another cross over down which indicates move price downwards and the best time to invest in BTC is during miner capitulation. (you should be happy if you long BTC) In the chart I have drawn serval key support and resistance lines, plus the area (green box) to consider adding shares. Because it coincides with 0.618 and 0.5 fib level. For the bullish case, if BTC fails to break below the support line,and keep intimating the overhead trend line, I will be more bullish until I see macd and volume flip bullish. I will watch the price action closely for the next few weeks, probably open some short trades if we keep going down.
COINBASE:BTCUSDShort
by Dan_Wang
1
Bitcoin Buy Signal! Background: We all know about the halving but the misconception is that everyone assumes that it will go up from here. Looking at the charts we still see bearish structures and bearish indicators. And looking at past halvings, we see a pattern of dump, retrace, dump, moon. Taking that into consideration, my bearish scenarios can still playout with a long term bull run following the halving. One of the fundamental indicators I have been watching closely is the Hash Ribbon indicator. The other day, it triggered a buy signal. Based on previous signals, there is often a dip before the signal plays out with huge gains. This adds more confluence to my previous ideas that we are in for a dump prior to the big rally. Prior to the previous halving, the price went on a huge rally, then dumped to the 50% fib (wicks extending beyond 61.8%), with another rally right before the halving. Following the halving another dump between the 61.8% fib and 78.6% fib (wicks extending beyond 78.6%). From here, the price rose to the moon. The first halving also followed a similar pattern to a lesser degree. The price rallied, then dumped to 50% fib, with another rally right before the halving. Following the halving a small price decrease before the price rose to the moon. Expectations for this idea: We top out at the current red box zone, trading at this level up to 1-2 days max. As early as today, the price starts to dump to the edge of the ascending wedge. Following some consolidation, a further extension to the 50% fib level (with potential wicks below 61.8% fib) There is a small rally back to the 23.6% fib prior to the halving. Following the halving another dump extending to the 78.6% fib level (with potential wicks down below the 100% fib). This should create a ton of meaningful divergence to kickstart the bull run. This idea will be invalidated if the current rally extends beyond 8k, likely with a further extension to close the CME gap around 9k. It is now or never for the bulls. The bulls have been strong and I believe there is a possibility for the bulls to break the trend with a huge rally in the near future. Just for reference, the red bar on the Hash Ribbon only indicates that the halving is around the corner. Thanks for taking the time to read this idea. If you found it interesting, please support my efforts by leaving your feedback or questions below and upvote this chart. Cheers! These ideas are not financial advice.
by AfterlifeTrading
4
BITCOIN: HASH RIBBON SIGNALSThis signal activates very rarely, in short, this is the third time in the history of bitcoin. It works based on the conditions of Price, Hashrate and Difficulty and in conjunction with favorable conditions for bitcoin mining. - Consider the average values ​​of Bitcoin, Hashrate and Difficulty. When mining comes out of the contraction phases, like the current one, there are strong signs of recovery on the dynamics of bitcoin prices. And in essence when the hashrate increases and the prices are positive for a verified and prudent period, one enters into Bull phases. In short, it is not that there will be no discounts, but they are very important signs in the long term. For those like me who have predicted a Halving around 6k USD it seems that the time has come to suck our fingers. However the creator observes "However, this may be the most high risk signal to date. Why? - All Halvings have had another capitulation - Miners are running at break even today - Global recession = tighter liquidity = credit crunch In 2020 there is a greater probability of more miners defaulting. " So ... it's still a difficult entry! Mining and price must go through the halving phase and it is a delicate step. However, it is at this time that large numbers can be made if you play ahead of time. Certainly for many miners these are not easy moments.
Long
by gabrielestampa
2
Performance of Bitcoin 17 days prior to HalvingHash Ribbon Buy signal is occuring. However, this may be the most high risk signal to date. Why? - All halvings have had another capitulation - Miners are running at break even today - Global recession = tighter liquidity = credit crunch In 2020 there is a greater probability of more miners defaulting. All prior halvings had another capitulation within 3 mths after the halving. Today we are 17 days from the 2020 Halving. If you bought 17 days before other halvings, price was very volatile, and your returns up to the next signal were mixed: - 2012: 90% higher - 2016: 1% higher In short - if considering Bitcoin accumulation for long-term positions which will be held for at least 1 year, "dollar cost averaging" (buying in increments over the next 30 days) should be a good strategy, but expect volatility.
BNC:BLXLong
by capriole_charles
18
BITCOIN ⚒️ Will Miners Capitulate??? 🤮$6,000s is the break even cost of mining Bitcoin. Will miners dump? According to Hash Ribbons 30/60 Day Crossover and Hash Rate dropping below 200 Day Signal Line... this looks uncomfortable. 😬 One scenario is that miners may have stopped supporting the network to save on electricity and will just HODL their coins up to the Halvening (cost of mining after that will be $14,000s) OR, they are selling Over The Counter because they need cash... and once OTC buyers have exhausted... they may dump on exchanges soon. I dunno, just some thoughts.
COINBASE:BTCUSD
by ChartCinema
BTCUSD VPVR Part 2: Volume Point of Control Now Turned SupportThe bullish case is here: VPVR Point of Control, since $3K in September 2017: $8,188 Price has closed for two consecutive weeks above this PoC Hash Ribbons buy signal - December 2019 1 & 2 Year MA bull-cross - January 2019 Price above MA Ribbons - January 2019 MACD bull-coss on Weekly - January 2019 The is continued analysis from the below, looking at the alternative VPVR perspective on Bitstamp: BLX Volume Profile Accumulation Zone $5,910 - $8,630 (January 22nd 2020) Related Bullish TA Network Hash Gives 10th Buy Signal In 9 Years February 6th-11th 2020 - The Next Swing Low Extrapolating 2014 Correction - Could $6,500 Be The Low? Two & Four Year MA's Claim It's Time To Accumulate
BITSTAMP:BTCUSDLong
by dragononcrypto
On Long Term Miner Capitulation Trend LineIf you're long term on cryptos this is one of the worst places to sell because it's sitting right on top of the trend line defined by historical miner capitulation. People waiting for 3k are going to be disappointed. This line also expects the support region to be at the old all time high in April 2021 which means it will probably reach and exceed the old all time high long before then. Using a parallel channel it would be reasonable to see a high of at least 40k between now and then. Continued downside on BTC is looking pretty sketchy at this point and I am strongly expecting a short covering rally to be the next major feature on the weekly chart.
Long
by mljones
Miner Capitulation Recovery? Buy signal on Hash RibbonsMiner Capitulation / Hash Ribbons has signaled a buy on daily suggesting that hash rate is stabilizing. Hash ribbons flipped a few days ago and today the SMA 10 crossed over the SMA 20 which is the secondary condition for a long. Looking at a long term scope, this strategy was supposed to beat even an early buy & hold. Mostly by reducing drawdowns significantly. So I made a quick backtest to see if the number actually held up and they do. $100 invested in MC versus a buy & hold. It significantly outperformed! Realize this is not a quick in and out strategy, as you can see average trade is held for a few months. It does accomplish the goal of reducing drawdowns though (but not eliminating them). Now all we need is a time machine to play this from 2011 onwards. :) Have a kick ass & prosperous 2020 everyone!
BNC:BLXLong
by theheirophant
5
BTCUSD: Network Hash Gives 10th Buy Signal In 9 YearsThe Hash Ribbons indicator confirmed it's 10th buy signal in 9 years yesterday on the Daily chart at $7,245. Historically, this indicator has given the best opportunities for long-term investment during accumulation phases. The 3 Day chart is also signalling a buy, confirmation would arrive tomorrow with the close of the current candle. The Weekly chart however, that has been flirting with "hash recovery" this week, has been unable to maintain this MA bull-cross for now, while the Monthly remains in capitulation phase. No confluence yet on longer-term time-frames, but the Daily chart confirms enough for me. Daily chart (2011-2015): Signals (2011-2013): $4.08, December 27th 2011 (1) $5.09, May 20th 2012 (2) $6.46, June 22nd 2012 (3) $20.55, February 2nd 2013 (4) Daily chart (2015-2019) Signals (2015-2019): $234, January 28th 2015 (5) $234, May 2nd 2015 (6) $238 May 28th 2015 (7) $612, September 4th 2016 (8) $3652, January 11th 2019 (9) $7245, December 27th 2019 (10) Average of 1 buy signal per year in the past 9 years. Only 2 buy signals have now occurred in the past 2 years. 3 Day chart: Weekly chart: Signals (2011-2019): $5.28, December 26th 2011 (1) $6.35, June 18th 2012 (2) $23.80, February 4th 2013 (3) $227, January 26th 2015 (4) $231, May 25th 2015 (5) $3533, January 7th 2019 (6) Average of 1 buy signal every 18 months in the past 9 years. 1 signal has occurred in the past 3 years, another is clearly due. Monthly chart: Extrapolating 2014 Correction - Could $6,500 Be The Low? Two & Four Year MA's Claim It's Time To Accumulate
BNC:BLXLong
by dragononcrypto
3