Silver (XAG/USD) has just hit $32! Silver's been climbing steadily since the March 2020 plandemic lows, with all moving averages nicely upcurved, signaling strong trend support. We're in the midst of a huge Cup and Handle breakout, confirmed by a solid retest, showing robust momentum. The RSI's move into bullish territory (62.5 atm) hints at much more room for growth ahead. Potentially years. We're eyeing $35 as the first big resistance, which matches the Triangle Target. The ambitious targets are $44.6 for the Cup and Handle and $35.2 for the Triangle, suggesting significant potential. Remember, silver hit $50 14 years ago, then fell to $13 by 2016, and has been pretty dull below $20 for 4 years until tripling since the so called 'COVID'. I expect this upward trend to continue for years with growing demand. Also, when the current crypto bull market cools down, silver could still be one of the best exits. Unless you already are sick with your CRYPTOCAP:BTC and especially CRYPTOCAP:ETH and maybe even CRYPTOCAP:XRP ??. Then stay tuned, this is only an introduction, I will be posting some trades when I see a good set-up. This asset is much more serious than all alts put together, have a look at the chart with all the uses of this beautiful metal. By far, my favourite asset in case of s**t hitting the fan on a global scale.
META analysis for this week of feb 10th- Neutral sentimet Likely inclined towards downside Calls above 717 Puts below 712
Price hit a monthly resistance zone, formed double top and broke out of the neckline. Wait for retest and bearish candlestick for confirmation.
Looking for price to push bearish and make a low for the week before we get the bullish play that I'm looking for. So bearish for the day but bullish for the week. We will be patient and wait for price to come to our levels before getting active.
The dollar index has reached a significant upward trend line. Following a sharp decline, the market appears to be overbought, with the formation of a cup and handle pattern indicating weakness in seller's activity. I anticipate a retracement to 108.79.
NVDA -uptrend Above 132-134 (demand/supply area) Above 130- targets 132 Below 124 - Puts
I prefer to trade with the trend.. but when the higher time frame is correction or making a retracement to create new liquidity, those can be some really great trades. it can take time to complete the full retracement trade, but it still can provide a decent risk to reward. we have a nice impulsive move that broke strong support. there were a few fair value gaps left behind which would need to be filled, and if we can get price to close back above into that 25% fibb area, we can see a nice trade with two targets at 50% and 75% fibb level. not looking to swing this trade past that area as that is the main area for our sells and price is in a current downtrend.
Hey Guys, Happy Monday. I see Gold will push up towards 2881 POI and do one deeper retracement before creating another ATH either today or tomorrow. Trade smart, trade safe
? BTSUSDT Trading Update ? Selling Zone: $96.75K Target: $91.50K Support Zone: $94.50K Resistance: $97.15K Prepare for potential moves as we monitor these key levels! ? If price breaks below the support or pushes above resistance, adjustments might be necessary, but as of now, these zones are critical. ? Stay tuned and trade wisely! ??
#VSTECS 10.2.2025 ep - 3.71 sl - 3.34 (10%) tp - 4.15 (11.86%) RRR - 1.19X