Hash Ribbon Buy Signal + CHoCH Structure and Holding Equilibrium
💥 The Hash Ribbon indicator has flashed a buy signal for the first time in 8 months. On the chart, we see a clear CHoCH (Change of Character) and price holding above the Equilibrium level — adding confluence for a bullish setup.
Chart Highlights:
- Key support at 85,185 USDT (PDL zone).
- Parabolic SAR & EMA trendlines are confirming bullish bias.
- Resistance near 88,000–89,000 USDT could trigger short-term sell-offs.
Conclusion:
If BINANCE:BTCUSDT.P holds above the PWH level, momentum may push it toward the 90K zone. Bulls still in control — for now.
