WinstonWolfe

WinstonWolfe

The DJI is now contained in a channel up to resitance around 37,000. I was watching Romeo and Juliet and the above quote hit me like a brick wall. The crash from 40,000 will be something to behold.

WinstonWolfe

The silversqueeze has caused a breakout in silver with the price now backtesting the resitance line. This must hold above $27.74/oz or this rally will be short lived.

WinstonWolfe

Major breakout above resistance zone. Must see this hold for 2 weeks but it is looking like a strong breakout.

WinstonWolfe

With the gold/silver ratio headed to 10-15 and a possible $10,000-15,000/oz gold price, silver headed to $1,000 is possible.

WinstonWolfe

The time to buy the British Pound is now. With Brexit now finalised, the uncertainty over the future of the UK economy has been removed for the most part and is now looking more optimistic. The British Pound will rally against most currencies imo, but especially against the USD. Technically and fundamentally this is the perfect time to be long GBP.

WinstonWolfe

Apologies, the previous idea came out weird. As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.

WinstonWolfe

As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.

WinstonWolfe

Silver about to rocket higher.

WinstonWolfe

Bodes well for gold and other inflation hedges.

WinstonWolfe

No sooner had i posted about the XLM/BTC ratio breaking out, we have had a major breakout in the price. The next target is 0.5$ by September 2021.

WinstonWolfe Updated 

Long term target of 360-370 over the coming years.

WinstonWolfe

XLM/BTC trying to break out of a bullish downward wedge in a bitcoin bullish environment could see the stellar lumen XLM increase in value dramatically.

WinstonWolfe

The commodities/stocks ratio is now at the end of its bullish downward wedge pattern formation and about to breakout in the next year or so. This will be highly inflationary and will lead to the next commodities bull market. You'll want to be in commodities, rather than stocks during this period.

WinstonWolfe

And in a rising bitcoin price environment, that should be explosive for XLM.

WinstonWolfe

Thats what she said. Quite self explanatory. Previous long term resitance, now acting as major support and the price has broken out of a short term downtrend.

WinstonWolfe

But everything was telling me bitcoin was done and the altcoins would be taking over. That didnt happen. Maybe bitcoin always rises but the altcoins may rise faster. In either case, next resistance for bitcoin is $20k. If it breaks through, the sky is the limit.

WinstonWolfe

Spanish Mountain Gold has broken out following a consolidation period. Their ongoing feasibility study with a combined rising gold price environment should lead to intense gains.

WinstonWolfe

Gold has support at around $1815/oz and Silver has support at around $21.5/oz. Both levels previously acted as resistance. Now gold has broken out of the descending triangle I would expect it to lead silver to higher highs and ultimately much higher over the next few years.