Post
Topic
Board Speculation
Re: Hash Ribbons Indicator confirms 10th buy signal in 9 years
by
dragonvslinux
on 07/01/2020, 11:51:55 UTC
Just noticed the Monthly chart is now signalling a buy, although obviously the month would have to close at current prices for this to hold:
This would be the first buy signal since October 2016 at $709, as well as 7th buy signal in 9 years  Cool



Notice how it signaled recovery in 2019 but no buy signal (price follow through, at the time), suggesting the network growth & price is stronger than it was in January 2019.