Signaler l'article

How effective is the hash ribbons indicator for buying bitcoin (BTC)?

One of the best-known and most effective signals to buy bitcoin (BTC), Hash Ribbons, just turned blue. The indicator has a nearly 100% efficiency, an average return of 4157%, and an average downside risk of -11%. This article looks at the basics of the Hash Ribbons indicator, its importance, and historical cases of its effectiveness.

What is a hash ribbon indicator?

The hash ribbon indicator is a tool used in Bitcoin trading. It consists of two simple moving averages (SMAs) of Bitcoin's hash rate: the 30-day and 60-day SMAs. A downward cross of the short-term MA over the long-term MA signals the start of a capitulation period, while an upward cross indicates its end.

What is a hash ribbon?

Hash ribbons, publicly available on TradingView, is an indicator made up of two simple moving averages (SMAs) of Bitcoin’s hash rate: the 30-day and the 60-day SMA. A downward cross of the short-term MA on the long-term MA marks the beginning of a capitulation period, whereas an upward cross spots its end.

La première plateforme de trading de cryptomonnaies au monde

Recevez « Mes cadeaux de bienvenue »