BitcoinUpdated Hash ribbon critical signal BTC.
The hash ribbons indicator has printed another legendary blue dot- which traditionally signals a great buying opportunity from point of view of a long term investment strategy. Caution must be exercised however in the near term as it is currently waging war with an important golden ratio line.
Note
The vertical pink line marked " projected buy signal " was drawn on 28Th November- it indicates what I thought would be the estimated date of the hash ribbon buy signal- originally thought to be 6Th December, but as we see it was printed just a few hours ago.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.