In this #silver against #ethereum (XAG/ETH) chart, silver formed a bull flag against #ETH and also there' s a gap downside as seen on the chart. If this index make bullish breakout to upper red box, then i may expect some issues:
- ETH and #crypto may go into a corrective wave.
- Silver pumps, ETH just underperforms.
OR Whole markets' correction / dump.
If index goes to fill the gap: #ETH pumps.
Not financial advice.
- ETH and #crypto may go into a corrective wave.
- Silver pumps, ETH just underperforms.
OR Whole markets' correction / dump.
If index goes to fill the gap: #ETH pumps.
Not financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.