$SILVER closes the month on its 50 period sma. The last 2 times this happened, silver rose by 19.27% and 13.55% respectively over the next 2 months.
#SILVER
Been calling silver since $22/oz, and after Friday’s PA I think it’s due for some correction for a while. I don’t think this is the end though.
#silver#gold
i am giving out money to help those in need this week during the government shut down. if you or anyone you know needs assistance this week please drop any payment method below so i can lend a helping hand 🩵
Haven’t posted in a couple months. I bet yall believe me now after seeing gold and silver go to the moon! Although they might be due for some corrective PA, the bull market on precious metals is not over yet.
$GOLD is at all time highs and $SILVER is looking bullish! People will blame Trump and his tariffs for the re-acceleration of inflation when…the move in silver started a year ago! Everyone is liable.
#Gold#Silver#Trump#POTUS
Be careful out there, these markets are trappy ! I would definitely not rule out a capitulation selloff at this point, something quick and powerful. We remain bullish but the levels are really close…
Watch out for #bitcoin here! If we break back below 100k we could get a bigger correction that no one would see coming imo. Nevertheless, it is bullish until then .
⚠️Risks: Notice the large gap left when Solana broke out. This could be an area the market targets to fill at some point so we keep that in the back of our mind. For longer term holders I think the pullback to 169-180 would be bullish.
I see a couple scenarios for #Silver:
1. Break out above 31.5 and complete a double bottom pattern, min target at 33.5
2. Drop to test 29.63 in a Wyckoff distribution type pattern, looking for a purge and backtest of the broken trendline.
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By Request. To My Friends Trading the Russell 2000
IWM daily's bearish divergences have caused a pullback off the upper boundary of the channel on the daily. The reversal off the upper channel could allow for the bearish divergences on the weekly chart to play out in December reversal.
$RUT $IWM $SPX $SPY $DIA $QQQ $NDX $TZA $TNA $UMW $RMW $TWM $SRTY $URTY $SMLL #russell2000
A significant % of people don’t even know that there is such a thing as a national debt!
Those that do often don’t know how big it is or that our interest payments now exceed what we spend on our military.
Only a small % understand that government overspending causes inflation.
$SOL technicals:
✅Strong uptrend, bullish alignment of moving averages
Although we can see negative divergence forming (4h chart here) the trend remains net positive while Solana holds above 230. There are also bullish divergences at the same time so could just be a ma reset
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A strong liquidity zone has been formed surrounding the ATH (blue line) with the triple top. We are watching to see if this trend continues or if SOL goes into a larger corrective pattern.
All in all, we are still bullish $SOLUSD and looking for pullbacks to add.
#Silver drawing out a nice bullish divergence on the daily timeframe with the lows from early September. We broke out the wedge and now we need higher lows to continue and to break the resistance zone(box). If the 50% retracement holds, watch out for silver.
#metals#trading
#Bitcoin might be the number 1 crypto but #Solana has been outpacing the juggernaut. Magnificent trend up since the RTO early September, no warning signed whatsoever. Expect volatility, enjoy the ride. We’ll know when the trend is over. #crypto