PUMP TRACKER vs Hash Ribbons: the best crypto indicator🔥Hi friends! In this idea we compare two famous indicators:
1️⃣ Pump Tracker daily indicator
2️⃣ Hash Ribbons indicator which is famous among the retail traders and some newbies at crypto trading
For the experiment we will take the amount of money that is available for every trader. We will use $1000 to compare profitability of 2 indicators.
📊 PUMP TRACKER
Pump Tracker is a daily Bitcoin indicator which give the signals to buy and sell crypto in time. This indicator use foundamental and technical data to give you the best entry point to open a long on spot or futures. I think it works better in a bear market than Hash Ribbons even in a bull market:) Image, what if BTC will start PUMP now? What the profit you can get? Here the stats per last 3 year.
🚩 Using $1,000 of the initial deposit you would have gotten $18,000. Using $10000 you would get $180000. It`s "just" 18x to your deposit per 2019-2021 bull and bear markets with -70-80% dumps(!). Wow!
📊 HASH RIBBONS
Hash Ribbons is a famous indicator which help some traders to find entry point to buy crypto. It`s use the change of the hash rate of BTC network in its calculations. When 2 MA are crossing it show the green or blue "BUY" signal. But a lot of traders don`t pay attention to statistic of this indicator.
If you were using this indicator with $1,000 you would get ..... $3,700 in 2.5 years.
🚩That means Hash Ribbons has made 3.7x in the same period. It's worth to add that you wouldn't have been able to use leveraged trading , as the maximum loss is more than 50% and your deposit would have simply been liquidated.
Yes, the main advantage of Pump Tracker is a possibility to open the trades with leverage up to x1 on Coin-M and x2 on margin or USDT-M Futures , which would give you x116 to your deposit per last 2,5 years. Here is a proven statistic👇
🚩 That is mean that you would get $116,000 from just $1000 initial deposit and $1,180,000 profit using $10,000 initial deposit.
📊 SUMMARY
I recommend you to use Hash Ribbons as additional indicator to understand the current market situation, crypto fundamental data.
As you can see, Pump Tracker is much profitable indicator not even for spot trading but also for leverage trading✅ and you can get much more profit for the same period of time.
🔥 Traders, check the links below the idea or DM to get more info about Pump Tracker indicator. Write in the comments if you found this idea useful and going to use this info in your trading strategy.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
