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b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾
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b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾
@bitsofwealth
Learn | Do | Teach | Repeat ✌️ Hosting spaces and creating content w/ @WOLF_Bitcoin_
in the charts 가입일 Aralık 2009
991 팔로잉10.8K 팔로워
b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾ 리트윗함

@GIRighteousness I currently don’t see silver making new highs this year. Not based on the current chart.
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Cleaned up my silver chart a bit. Quarterly close is coming up in about 11 days. Zones of interest remain unchanged.

b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾@bitsofwealth
I don't think I've called a silver "top" yet have I... well there ya go. Those are the zones I am watching for correction.
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b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾ 리트윗함

Unless you believe gold and silver are going to make new all-time highs in the next 9 months, there's going to be a lot of round-tripping by moonboys and moongirls who bought into the pumps instead of before, especially if this 12-month candle closes within the previous.


b̾i̾t̾s̾o̾f̾w̾e̾a̾l̾t̾h̾@bitsofwealth
People that made money on gold and silver are going to continue trying to catch the "bottom", longing every dip on the way down. Just like people do with BTC every bear market.
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@shib7004 To clarify - I am not saying the zones of interest will be hit this quarter ( less than 11 days).
If this quarter closes within previous quarter, those zones of interest are for the new quarter.
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@bitsofwealth Thanks for sharing! but..
Won't this be too steep of a quarterly candle if the support zones indeed get reached within ths quarter ? Also, providing such an easy opportunity to enter in such a short time is another thing to consider
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@PhilSmith_1 lol imagine we get another double top
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@FloppingGroper @CryptoJebb If this current 12 month candle closes within the previous 12 month candle, there is the possibility that it then revisits at least 50% of that previous 12 months and potentially the low of it.
Also notice that 13 EMA down at just under 2500 right now.

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@bitsofwealth @CryptoJebb 3800 is last years ytd, and its also the vwap from the low, since gold's run started cleanly on the new year. im not too sure about anything deeper than that, but if it did thats some deep value

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@FloppingGroper @CryptoJebb we will prob get 2500 gold and 40 silver again
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