Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Hash Ribbons is close to a buy signal, both on Daily and Weekly time-frames 
Click quote for more info regarding the indicator and it's buy signals.
If these buy signals come through, I will become an uber bull
Click quote for more info regarding the indicator and it's buy signals.
Daily chart 2011-2015 - Reliably signaled bullish price movement following recovery of miner capitulation with price follow through:
Signals (2011-2013): $4.08, December 27th 2011 | $5.09, May 20th 2012 | $6.46, June 22nd 2012 | $20.55, February 2nd 2013
Daily chart 2015-2019 - currently signalling recovery stage of miner capitulation, awaiting price follow through for buy signal:
Signals (2015-2019): $234, January 28th 2015 | $234, February 5th 2015 | $238 May 29th 2015 | $612, September 4th 2016 | $3652, January 11th 2019
Average of 1 signal per year in the past 9 years.
Weekly chart - has been flirting with recovery stage of miner capitulation, similar to August 2016:
Signals (2011-2019): $5.28, December 26th 2011 | $6.35, June 18th 2012 | $23.80, February 4th 2013 | $227, January 26th 2015 | $231, May 25th 2015 | $3533, January 7th 2019
Average of 1 signal every 18 months in the past 9 years
Signals (2011-2013): $4.08, December 27th 2011 | $5.09, May 20th 2012 | $6.46, June 22nd 2012 | $20.55, February 2nd 2013
Daily chart 2015-2019 - currently signalling recovery stage of miner capitulation, awaiting price follow through for buy signal:
Signals (2015-2019): $234, January 28th 2015 | $234, February 5th 2015 | $238 May 29th 2015 | $612, September 4th 2016 | $3652, January 11th 2019
Average of 1 signal per year in the past 9 years.
Weekly chart - has been flirting with recovery stage of miner capitulation, similar to August 2016:
Signals (2011-2019): $5.28, December 26th 2011 | $6.35, June 18th 2012 | $23.80, February 4th 2013 | $227, January 26th 2015 | $231, May 25th 2015 | $3533, January 7th 2019
Average of 1 signal every 18 months in the past 9 years
Literally flashing green in front of my eyes the Weekly is also bull-crossing:
the Weekly is also bull-crossing:If these buy signals come through, I will become an uber bull