greenvention

greenvention

This is my new favorite custom PMs vs cryptos chart method. It adds together gold and silver multiplying the latter by the gold:silver ratio so they are on equal terms, and similarly with bitcoin and etherium, with eth multiplied by the current btc to eth ratio. The chart is looking to complete a cup-and-handle formation, which would be bullish for precious...

greenvention

There is a mean arc forming on the top of the bitcoin chart as you can see here. It could be the beginning of a reverse cup and handle, which would be very bearish. At this point BTC would need to rally AND break 50k resistance in order to break this formation. Does not look good. However it's the cryptoverse where amazing things CAN happen... but sometimes it...

greenvention

This is a composite chart of Gold and Silver versus Bitcoin and Etherium. There is a fairly solid bottoming formation that could turn in to a cup and handle. This would be very bullish for precious metals. Fib retracement of 100% could return to a ratio of 0.39. This would be likely in a scenario in which cryptos continue to decline in value while precious metals...

greenvention

All it would take is a 100% fibonacci move from last March. Possible pullback to 25.90 first, possibly not, in either case it could be smooth sailing to 40

greenvention

In this gold / BTC chart you can see a bottoming formation and even the beginning of a cup and handle. It's too soon to tell because we only have the cup so far, but it wouldn't take much beyond expected market activity to form a nice little handle on there. There is already a handle on the other side, so perhaps a better name for this formation would be a...

greenvention

Silver to Bitcoin bottoming formation complete; could turn in to a nice cup and handle. This is extremely bullish for silver. Wondering how to convert bitcoin to silver? Check out what reddit has to say about it: www.reddit.com

greenvention

Do you have any clue?

greenvention

In some ways I feel this is a conservative estimate, and on the other hand it could get caught up on a lot of resistance on the way there. Nevertheless, gold has recently made a clear breakout of it's multi-month consolidation period (red lines), aka bear flag that started a few years ago. If this is the case, it is likely to continue a similar uptrend (green...

greenvention

Gold is still under a recent death cross and now bouncing lower off a downtrend. Could go as low as 1600 still in this bull flag.

greenvention

After the previous golden cross last summer, spot silver rallied over 72% in just over 2 months.

greenvention

how come no one told me? anyway, looks good. #silversqueeze

greenvention

Price of silver could double and still be within recent historic gold:silver ratio lows. #silversqueeze

greenvention

Gold just made a new 2-month high that indicates the end of the bull flag that started last August. It appears likely to continue to the 1900 level over the next couple of months. Depending on geoeconomic factors it may stall there or simply continue a 100% move to the 2600 level. This is not financial advice.

greenvention Updated 

AG and PSLV are both popular silver stocks that more or less track the spot price of silver. PSLV cannot be shorted as each share is backed by 1/3 of an ounce of physical silver. Meanwhile AG can be shorted, so let's look at this chart of AG/PSLV to get an idea of what short sellers are up to. At the beginning of the month it looks like short sellers got scared...

greenvention

Though currently in a consolidation phase, then next leg up for theta could easily go to 22.18 level before any significant pullback, though could go as high as 35-ish. I'd love to hear what other people have come up with as well.

greenvention

I was dead wrong last time about the bull trap. In hindsight, it's because I wanted to get in at a lower price so that's what I was looking for. I ended up having to buy higher but now I have a position. It's a long term hold for me so now it doesn't matter as much whether it goes up or down from here, however it's got to go SOMEWHERE because look at this setup...

greenvention

Long term fib sequence pointing to higher silver, specifically 37.65 for a 100% move, probably have some pullback there before heading to 47.50+ later this summer

greenvention

Note graph is log Clearly in overbought terriory. Can it last? maybe, but very risky by the looks. please share your idea