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Silverlong

🤔 Does Silver & Altcoins Share The Same Patterns? 💰 LET'S GET INTO SOME SILVER & TOTAL2 ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Comparison Study) The top chart is total2 which represents the market cap for altcoins in the cryptocurrency market on a monthly timeframe. The bottom chart is silver on a 3 month timeframe. We hear a lot of the time how bitcoin is the digital gold and I found it funny to identify a potential comparison for the alts to silver, which is like gold alt. Notice that crypto does move in faster cycles compared to traditional precious metals. I thought It was funny that both are compressing in almost the same sideways range after a major correction for the first initial all time high run. Just thought I'd share this outlook and think it shows a brighter future for both assets once we breakout of this range for the next run. Would love to hear what you think about the comparison. Best of luck to you and all of your trades this week! 🤜 Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
CRYPTOCAP:TOTAL2
by UnknownUnicorn2319099
3
question for silverwich pattern is stronger, most probable and compelling? 1) the so-called short term head-and-shoulder figure 2) the called mid-term inversed head-and-shoulder for shoot at 21 \ 22$ 3) or this enormous accumulation of frustrated accumulated potential energy of this exact level about to break up this long multi-years cup, hum? Personnaly of bet for big cup of tea: I say time almost there for shoot at 25 / 30$ cause things are going to get real serious, everywhere not just inside speculative investment tribe
TVC:SILVERLong
by zoroastre
SILVER long trade ideaplease take a look at my last analysis on silver (link attached below!), the price was reached our final target and here's my newest idea for this pair, enjoy! don't forget to use proper risk management & do your own research .... good luck! Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
FX_IDC:XAGUSDLong
by GWBFX
3
SILVER long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
FX_IDC:XAGUSDLong
by GWBFX
3
Is Silver the New Gold? 🥈🥇 | SILVER ($SILVER)🆙 Silver has been on the move after lagging behind Gold. While recent Silver and Gold moves look similar, the percentage move has been notably better for Silver. It could be a response to COVID, it could be the riots, or it could just be the continued strength in Gold that has Silver on the move, whatever the reason, the chart looks great. So, let's look at some long setups. Resource: www.marketwatch.com + apnews.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Aqua colored bars) on the 1-hour timeframe that largely started off with the ABC "FOMO" move illustrated on the chart. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines). 3. The first play here is to take a long position at the S1 bullish orderblock with a target of the R1 bearish orderblock. Our stop loss for this move is placed tightly below the entry and above S2. The logic here is that we expect similar price action as the previous ABC move found on the chart where the first pullback should be a shallow one before moving higher to test resistance. 4. The second play here is a retest of the S2 bullish S/R flip and orderblock cluster during an expected correction for Silver that we expect to occur after resistance is met and after our first profit target is hit. Again, we are looking at past price action to get a sense of what to expect, but are using the current support and resistance levels and the trend. Here we have simply placed our stop below S2, as a move below S2 compromises the trend. Shine on Silver!
TVC:SILVER
by AlphaBotSystem