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Silverlong

$SILVER - Bullish scenario, target $29✴ - Volume looks good but still under the average ✅ - Double bottom on 1h ✅ - Bullish price action on 4h (Bullish Engulfing) ✅ - Harmonic pattern forming (Crab 🦀) ✅ - MACD ✅ - STOCH ✅ - Momentum ✅ - DeMarker ❌ - MA50 (2.5% under 50MA) ✅ - MA200 (2.6% above 200MA) ✅ - Pivots: (2.7% above the pivot point ) ⏰ - Breakout 1: $27.17 🚀 - Potential targets (🚀$29) 🪂 - If things goes wrong better to exit under 26.46 🚦 - Next entries in case if dropped: -- ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
SLong
by Bullwards
5
SILVER $SLV $PSLV #SLV #silver #silversqueeze Technical View- We are breaking out of out of a 40 year old cup and handle. - This is a pattern that is very familiar to me: The symmetrical wedge on the bull flag. - To me it signifies an accumulation/distribution/ascendance cycle and I have traded it to great effectiveness in PLTR and PSTG: - I believe that we are breaking out to make new ATH's, because of the strength of the bullish trend, even through the massive shorting. - The strength of the upticks, even after the harsh rejections is shocking. - This price action has yet to factor in the scarcity of the underlying on the market, and when this is priced in, we will begin true price discovery. - It is only a matter of time... time I have to accumulate. Check out my fundamental analysis and speculation in the comments.
TVC:SILVERLong
by UnknownUnicorn1043646
3
Silver- for my Cinderella critics 😱🧟Just my thoughts on Silver and some educational tips. a few things about Silver: - Silver has the highest thermal conductivity of any element Out of all the elements, silver is the best electric conductor, and is actually used as the standard by which other conductors are measured. On a scale of 0 to 100, silver ranks 100 in terms of electrical conductivity. Copper ranks 97 and gold ranks 76. - Humanity (technology) needs Silver like the desert needs some rain. It's the best semiconductor -The price of silver is driven by speculation and supply and demand, like most commodities. The price is notoriously volatile compared to that of gold because of the smaller market, lower market liquidity and demand fluctuations between industrial and store of value uses. - The price is systematically manipulated BIG TIME ( JPMORGAN example and off course, my Chicago friends at the CME , Merrill Lynch and COMEX also etc etc - probably even the Bogdanoff brothers 😱🧟) - This is no Gamestop for any retail investor group to be able to play with. It's too big. - Long-term Cycles in Silver: academic research did not find any clear evidence of silver price suppression. Moreover, when we look at the long-term behavior of silver prices (see the chart), we see clear cyclical patterns, not a permanent downward trend (or even a flat line). Thus: I expect the price to rise and I have the patience to manage my positions on Silver and also on AGQ, accordingly. That's me. One love FXPROFESSOR 💙
FX:XAGUSDLong
by FX_Professor
1
XAGUSD is approaching support, potential bounce. Price is facing bullish pressure from our pivot, in line with our graphical swing low support, ascending trend line, 100% fibonacci extension and 38.2% fibonacci retracement where we could see a further upside above this level to our resistance level at 29.6899. Failure to hold above our pivot level at 28.0565 could see a swing towards our first support target at 29.6899. Pivot: 28.0565 Supporting Points: graphical swing low support, ascending trend line, 100% fibonacci extension and 38.2% fibonacci retracement 1st Support: 26.6885 Supporting Points: Horizontal overlap support, 61.8% fibonacci retracement 1st Resistance: 29.6899 Supporting Points: Horizontal swing high resistance Trading FX & CFDs carries high risk.
SAXO:XAGUSDLong
by M4Academy
The uptrend in silver continues!Last week, the opportunity for silver came true. Now the price is in a similar situation. After reaching $ 30 yesterday we saw a correction. We are now looking for its end for new entry opportunities. The expected resistance levels are in the area of the previous peak - 29.85 and in case of a breakthrough 30.82. Fundamental grounds provide opportunities for higher values, so be prepared. Some brokers are changing their margin requirements! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
FX_IDC:XAGUSDLong
by ForexTrendline
2
$XAGUSD - Wait for a triangle breakout and longHi guys! 👋🏻 🔔 Silver is one of the assets to watch ahead of FOMC Meetings and Fed rate decision. Do not expect the Fed to change the rate, however will pay a lot of attention to what Chariman says. DXY is holding above 90.400 support and any positive phrase could bring the DXY to 91. 🔔 On the other hand, VIX is up 16.20% and above the dynamic support of October 20, the volatility is supported by the upcoming FOMC meeting and projections, the clarity which is expected from the Biden administration on economic plans, stimulus bill's value and date and of course the Covid-19 cases which hit 100M Worldwide, UK deaths hit 100K. 🔔 As of now Silver is testing an important support of the triangle pattern. Breakout of from the upper edge of the triangle pattern will get the price to $26.50, and above that to $27.70. 🔔 If breaks below than look for a support at $24.54, if the price remains above that, it might form an inverted head and shoulders pattern and jump to $27.70 from there. 🔔 Note that the latest drop of January 18 is slightly below the 0.618 level of the uptrend, hence there still is a hope that silver will go further. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
OANDA:XAGUSDLong
by azizelliott
SILVER for ATH 🦐SILVER after the rejection of the 28 level retraced until the 0.382 Fibonacci level inside a channel. The price tested this week the upper trendline and started a new move inside an ascending channel. IF the market will break above we can expect a new ATH test during the next few trading days. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together
SAXO:XAGUSDLong
by InkyGrip
18
SILVER is Cinderella Gold 💇🏼✨Our updated Silver chart might be giving whoever missed out, a good entry point. We were expecting the rise for a variety of reasons and entered at a GREAT time : Silver is FAR away from it's all time highs, which makes no sense to us. Gold is almost at all time highs which does make sense to us. Silver is also called the 'Cinderella Gold' and maybe it is time for Cinderella to shine.🦢💇🏼✨ 50$ sounds better for this lady than 25 or 30...100$ would be a wild dream, let's make dreams happen. ps. Wallstreetbets mode also ON , here on Silver battleground ps2. don't forget about AGQ- Silver ETF on steroids
FX:XAGUSDLong
by FX_Professor
12
SILVER Long 225%: Cascading Cup And Handles - $48 TP1 - $96 TP2Silver has just hit an 8-year high after breaking $30.00, driven by retail investors on Reddit and Wall Street Bets on what several sellers are calling "unprecedented demand for physical silver." A set of cascading Cup and Handles with a final target price of $96.202 has formed on the chart. The inner cup and handle, inside the handle of the larger cup and handle, has a target price of $48.087. Should the inner cup and handle pattern complete and hit its target price, a 42 year old cup and handle pattern forms which has a target price of $96.20 The Overall performance rank (1 is best) for the cup and handle pattern is 3 out of 39. It meets the target price 61% of the time. For more information on trading this pattern and the statistics behind it see: thepatternsite.com Disclaimer: This is not trading advice.
FX_IDC:XAGUSDLong
by alexhiggins732
1