SILVER EW LONG TERM PREDICTION EXTENDED WAVE 5 $85
With the current developments this past week of Gamestop (which was greatly entertaining), I thought it was time to update my chart. Is it possible that the Wallstreetbets sub-reddit (7.4 million subscribers) is about to squeeze silver and push the price of silver way above current prices? Is the price of silver about to skyrocket? Is silver the next GameStop squeeze? In case they are capable of doing this, than I believe silver will go well above $50.
$85 is my target, it's the target of the Extended Wave 5 (1.618 x length of (beginning of Wave 1 to top of Wave 3)). We calculate the distance from start wave 1 to end wave 3, then using the golden ratio of 1.618 we can find the length of Wave 5. We then add this length to bottom of the 4th Wave, and we have a terminal level of the Extended Wave 5.
reddit.com/r/wallstreetbets/comments/l6novm/the_real_dd_on_slv_the_worlds_biggest_short/
reddit.com/r/wallstreetbets/comments/l68ill/the_biggest_short_squeeze_in_the_world_slv_silver/gl0n1mm/
An Extended Wave 5 can have multiple targets:
either 0.618 x length (beginning of Wave 1 to top of Wave 3) = $39
OR = equal to the length of (beginning of Wave 1 to top of Wave 3) = $56
OR = 1.618 x length of (beginning of Wave 1 to top of Wave 3) = $84
Buy physical! #SilverSqueeze
$85 is my target, it's the target of the Extended Wave 5 (1.618 x length of (beginning of Wave 1 to top of Wave 3)). We calculate the distance from start wave 1 to end wave 3, then using the golden ratio of 1.618 we can find the length of Wave 5. We then add this length to bottom of the 4th Wave, and we have a terminal level of the Extended Wave 5.
reddit.com/r/wallstreetbets/comments/l6novm/the_real_dd_on_slv_the_worlds_biggest_short/
reddit.com/r/wallstreetbets/comments/l68ill/the_biggest_short_squeeze_in_the_world_slv_silver/gl0n1mm/
An Extended Wave 5 can have multiple targets:
either 0.618 x length (beginning of Wave 1 to top of Wave 3) = $39
OR = equal to the length of (beginning of Wave 1 to top of Wave 3) = $56
OR = 1.618 x length of (beginning of Wave 1 to top of Wave 3) = $84
Buy physical! #SilverSqueeze
Feragatname
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