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Hash Ribbons Indicator

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Block update 16 minute(s) ago
Price update 16 minutes ago

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Hash Ribbons Indicator Chart Explained

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.

This indicator helps traders identify potentially advantageous buying opportunities, predicting market bottoms based on miner activity.

Disclaimer
Any information found on this page is not to be considered as financial advice. You should do your own research before making any decisions.

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