Before anything else, it’s important to note that silver, unlike gold, tends to have sharp and aggressive corrective moves. This makes it a bit more challenging to trade, so proper risk management and caution are essential when dealing with it.
From the point where we placed the red arrow on the chart, the corrective phase in silver appears to have started.
This correction currently looks like either a flat structure or possibly a more complex corrective pattern, such as a diametric formation.
At the moment, price action seems to be within wave C, which is typically a bearish wave.
The best support zone and potential rebuy area for short-term trading is the green zone highlighted on the chart.
From this green zone, a move is expected, with a potential target of at least $69.
If you have a symbole or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? Is TON bullish?
From the point where we placed the red arrow on the chart, the corrective phase in silver appears to have started.
This correction currently looks like either a flat structure or possibly a more complex corrective pattern, such as a diametric formation.
At the moment, price action seems to be within wave C, which is typically a bearish wave.
The best support zone and potential rebuy area for short-term trading is the green zone highlighted on the chart.
From this green zone, a move is expected, with a potential target of at least $69.
If you have a symbole or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? Is TON bullish?
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💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.