We are in the beginning stages of a multi year, almost decade long silver run and unfortunately, things just don't go up in a straight line. We are going to have mutli-year consolidations and then ramp ups and we are going to erase years of gains as we retest significant levels. If anyone has a chart with a longer silver/usd history chart on Tradingview, let me...
Swiss Franc had some fearmongering with rates so low people could (should) be interested in withdrawing from the home and keeping their money at home. Same idiotic monetary policies the west is seing every where because they really want to collapse soon so they will be remembered as something big like the roman empire that collapsed similarily.
It may be the...
Educational Elliot Wave Count
We can see a market respect about of the wave 1 to wave 4, is it possible see a new bull impulse
Invalidation level could situate on level 78.6% of the fibonacci extension because there is situated the wave 1, another alternative stop loss can be in 23.07827
I speculate, following the Elliot Wave Principle, that the Wave 5 can go...
SPY Not much explanation needed if you saw my last SPY post (attached). Welp, i'm thinking the area marked on the chart is the next test area between tomorrow and next Friday, depending on how it gets on up there. Not saying I'm going short there, just going to reevaluate if we reach that level, which was former uptrend support line lost, should act as resistance...
Morons think that the silver bull market is over just because the SPY makes new highs without understanding the correlation with e.g. Russel 2000. Just because oil prices push prices higher and we have a very normal pullback in silver after a parabolic move doesn't mean the trend is over. We bounce on the trendline and now great news. Is this one of the greatest...
Hello Traders,
There has been a lot of talk about the precious metals recently (Gold / Silver) with many different reasons for the resurgent interest in precious metals ranging from the classic "store of value" to "finite resource" to "growing lack of trust in fiat currencies".
From a Fundamental Analysis point of view I don't really know anything about Silver...
It is so refreshing to look at a just the price instead of all the drawings. I make way better analysis with clean charts. It helps you see price for what it really is, price.
Price.
It's gonna be the third trend shift in last three months. Price has a 10% - 15% gap with its medium to long-term trend low.
Real economic situation is tough, Trade war has been exacerbated and expectations will be more and more toward more economics risk. So the long-term trend low is gonna increase and any decrease in price would be for very short-term.
Who remembers a time when ETH was this low in satoshi's... It has been a while. It seems too good to be true and you would be a fool not to throw money at ETH when the Bitcoin Dominance gradually comes down... Set an alert and see if it trends above the EMA34...
The last time bitcoin put out a golden cross on the monthly MACD (January 1st, 2016), there was a 14,819% return before the death cross (on June 1st, 2018). Bitcoin started at $430.89 and ended its run at $6385.71 with highs and lows between the two. The same return at our current golden cross would put us at $126,667.92 on January 1st, 2022.
This is if history...
Hello and welcome to TheDailyScalpshow.
This is our first idea that put's the short term aside in these indecisive times.
This is pretty self-explanatory but what we've noticed in the past is that in our bear market cycles, the retracement has always averaged out at around 80%.
The bull market cycles on the other hand seem slightly more random in terms of...
Hi all,
I've got some requests about my thoughts about altcoins. Here you are. I don't like to many words so if you have questions leave a comment below.
Right in front of you the daily chart of the total marketcap excluding BTC.
This is why I'm bullish on alts
1. Last period we're seeing the chart is drawing a bullish wedge as pattern, and I like the shape...
