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.
Not
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.