Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dragonvslinux
on 27/12/2019, 22:21:11 UTC
The Hash Ribbons indicator is currently signalling a buy. Closing the day at current price would be the first buy signal since January 11th 2019 at $3,632. Shocked

Sorry but had to post again, still can't get my head around this. Most indicators are telling me we're going down. Hash Ribbons is telling me the bottoms in on a long-term scale.



Why do I care about Hash so much? I don't, I care about an indicator that's given 9 signals in 9 years with 100% success rate of calculating post-bottoms in the market (or best accumulation prices). Therefore, if this signal is wrong, it would be part of the 10% unreliable signalling, meaning on a Daily time-frame at least, there is a 90% chance the bottom is in  Shocked