fifty2kph

fifty2kph

Why did I make this chart? 1. I'm beyond tired of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION. 2. Also tired of Twitter and YouTube shillers making money from people's hopes. 3. Lastly, I'm tired of people searching for something in the news to explain the price rise or decline. Here's some...

fifty2kph Updated 

Why did I make this chart? 1. I'm beyond tired of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION. 2. Also tired of Twitter and YouTube shillers making money from people's hopes. It's PATHETIC. 3. Lastly, I'm tired of people searching for something in the news to explain the price rise or...

fifty2kph

We only have data stretching back to 1998, but from what we can see, it seems quite clear when has been a good time to buy and sell silver. The question is: will it continue? Are the RSI and Bollinger bands reliable indicators for future buy and sell points? Any thoughts or discussion points? Fire away.

fifty2kph

This month's observations and discussion points are as follows: + Looking at the RSI, 200 MA and candles, it would not be unreasonable to believe there is more down time ahead. + Buying when the RSI is oversold on the monthly chart is not a bad good idea (not financial advice) as after the ONLY two previous times, bull runs have followed. Crunching the...

fifty2kph Updated 

I think and hope I have labeled the chart clear enough to understand what my points are. Observations and discussion points are as follows: + Looking at the MACD, RSI 200 MA and candles, it would not be unreasonable to believe there is more down time ahead. + Buying silver when the RSI is oversold (30) on the monthly chart is not a bad good idea as twice...

fifty2kph

Is silver making a bottom since it touched down and was oversold on the 19th? It has tested it twice now. It seems the ascents from lows to highs are becoming less and less steep, what does this mean? It's a genuine question, I have no clue. I have noticed on the RSI, silver seems to bounce between 40 ~ 60, quite controlled one could say. All thoughts, answers...

fifty2kph Updated 

Looking at 2014 & 2017/18 post ATH 0.18% it is clear the highs and lows are following a very SIMILAR PATTERN. IF we now follow the same movement as 2014, this is Bitcoin's last hurrah before declining and ending in capitulation before we can begin again. Let's have a look at the numbers: 2014: From ATH 0.18% (2013-11-25) to the 4th low (2014-4-7) it took:...

fifty2kph

Just something I noticed, worth a quick ponder... IF only looking at candles, you can see a clear downward trend on the linear chart and thought it was interesting to see this plus previous levels of resistance and support. I think this would be more useful with the appropriate moving averages added. If anyone has any comments, positive or negative, fire away.

fifty2kph Updated 

After the 2013 bull run and during the 2014~2015 bear market a few things happened: 1. The RSI became first overbought for the first time since the last bull run ended (The Last Hurrah). 2. The RSI then became oversold caused by capitulation. 3. A bottom was established. 4. That bottom was tested three times (not saying 3 is the magic number). 5. During the...

fifty2kph

I am just experimenting with tradingview and compared 2014 with now; I hope the lines and numbers are clear and thus the comparison is also. I believe that history i.e.human emotions, repeat themselves so this seems highly interesting to me. I am just an amateur and I am sure I have made a million errors, but I welcome anyone's questions or comments for discussion.