Silver
The graph shows the classic economic cycle of a financial instrument. It consists of four parts (expansion - boom - recession - depression)
Silver broke through its strong trend line, as well as the MA 200 crossed this called Death Cross - this means a trend reversal and we are in the Depression zone.
We touched the support line in the $ 13.9-14 zone and didnt break through and go to the resistance line and now we are moving towards the resistance line of the blue triangle and there is also a black resistance line. Most likely we will test it and continue to move down.
Silver broke through its strong trend line, as well as the MA 200 crossed this called Death Cross - this means a trend reversal and we are in the Depression zone.
We touched the support line in the $ 13.9-14 zone and didnt break through and go to the resistance line and now we are moving towards the resistance line of the blue triangle and there is also a black resistance line. Most likely we will test it and continue to move down.
Catatan
tested resistance line
FOREX or CRYPTO on Bybit
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
FOREX or CRYPTO on Bybit
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.