The Historical Volatility trend is identifiable across the Dow Jones (DJI), S&P 500 Index (SPX), & other markets - Increasing as prices decline,
These markets reduced 20%* from their previous ATH in January, 2020. SILVER dropped in proportionate value to the relative high as well.
If US Markets decline a further 50-60% from current levels, the value of SILVER is likely to decline to the key area of $4.00 - $8.00;
The Fibonacci Retracement levels provide accurate support/resistance lines for purchasing assets as valuations drop correspondingly.
Keeping a close track of ALL markets is very important to identify when a bottom is reached, or nearing.
Fibonacci levels also provide insight into higher price trends upon returning to a bullish market sentiment.
Current Buy Target Aim: $7.50 and under.
Current Sell Target Aim: $110.00 and above.
Est. 13-20x Return on Investment.
These markets reduced 20%* from their previous ATH in January, 2020. SILVER dropped in proportionate value to the relative high as well.
If US Markets decline a further 50-60% from current levels, the value of SILVER is likely to decline to the key area of $4.00 - $8.00;
The Fibonacci Retracement levels provide accurate support/resistance lines for purchasing assets as valuations drop correspondingly.
Keeping a close track of ALL markets is very important to identify when a bottom is reached, or nearing.
Fibonacci levels also provide insight into higher price trends upon returning to a bullish market sentiment.
Current Buy Target Aim: $7.50 and under.
Current Sell Target Aim: $110.00 and above.
Est. 13-20x Return on Investment.
Nota
UPDATE: Current Buy Target Aim: $9.50 and under.Nota
This is a crucial point - Sentiment is likely to have switched, although we should continue to watch for further signs. If this is the case, Buy Target would need to reset to a higher position. Congratulations to those who caught around $11.00, I missed this opportunity due to a lack of financial knowledge. This would cancel out the bear-market thesis. Further signs needed.
Nota
Market appears to have reversed, refer to sell target.Nota
We could definitely see a strong rally from here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.