What will hit $1000 first: LINK or silver?

[Anonymous No.17263335]

Silver Chads vs LINK Marines Discuss.

[Anonymous No.17263407]

[Anonymous No.17263446]

>>17263335
Kek keep holding ur shitty metal that keeps getting suppressed by banks who plan shit out to hundreds of year. I ain't got no time papi. I'm here to make it in 5 years.

[Anonymous No.17263521]

>>17263446
If you don't hold it you don't own it papi

[Anonymous No.17263546]

>>17263407
INB4 global generational debt based fiat ponzi scheme

[Anonymous No.17263573]

>>17263546
Stay mad linklet

[Anonymous No.17263599]

Unironically holding both and when the time comes LINK profits will flow into phsyicall silver

[Anonymous No.17263654]

>>17263599
This

[Anonymous No.17263682]

>>17263446
Silver's chart looks decent for the first time in a decade. It's due for a weekly SMA golden cross probably within a month from now. It's probably not going to have the volatility of LINK, but it wouldn't be stupid to get a position in silver now.

Silver is:
- Above all major moving averages on the weekly chart.
- 1w EMA golden cross already happened a few weeks ago.
- 1w SMA golden cross will happen in a few weeks.

It's slowly setting up for a long term bull market. Silver's decade of being bearish may be over in 2020.

[Anonymous No.17263805]

>>17263446
>>17263682
I heard that the reason they could keep silver artificially low is because most of the circulating supply was recycled silver from old sterling silver, but the supply is running out now and they have to depend more on newly mined silver.

Is there any truth to that?

[Anonymous No.17263872]

>>17263599
So when the dollar collapses do we measure wealth in silver or stinkies?

[Anonymous No.17263965]

Silver and it won’t be close

[Anonymous No.17264061]

>>17263599
Same here, brother!

[Anonymous No.17264280]

>>17263805
>Is there any truth to that?
I don't know. 2016-2018 was probably very frustrating for traders who wanted to be bullish, but the downtrend was very clear, and the bulls couldn't build up enough momentum to break resistance until late 2019.

For people who have a hodl to the moon mentaility, those were probably frustrating years, but the chart looks like it's behaving normally to me. None of the price rejections were surprising. From a trading perspective, it was actually really well behaved in those years even if it wasn't pumping. It was following "the rules" and was relatively easy to trade to the short side.

[Anonymous No.17264388]

>>17264280
The next two weeks may be critical for silver. If it loses that green trendline support at the right end of the chart, it may be harder to get the bull running. However, if the bulls step up and get us to $18 or $19 in the next two weeks, silver's chart would look very bullish going forward.

Silver has the potential, but it needs a little more follow through.

[Anonymous No.17264432]

>>17264388
All comes down to how much people are going to panic over corona

[Anonymous No.17264515]

>>17264388
Why the next two weeks specifically? I know because of coronavirus gold has exploded and so has rhodium and palladium, but silver and platinum aren't doing so hot - silver especially.

[Anonymous No.17264525]

>>17263682
Look I don't give a shit about silver unless my net worth is over $5m. Currently I have 18.7k linkies which is about $80k. If I'm gonna have over $5m I'll look into buying a bit of land and silver for that "armageddon" scenario, but since I live in Estonia, there's no point for that much because in an armageddon scenario Russia fucks us over so I'd likely have to move either way. Silver for trading seems to be one of the slowest and "long term" investments meant for $50m+ portfolios or old money families.

[Anonymous No.17264554]

>>17263335
When it all comes tumbling down I am quite amused thinking there are all those people who believe magic internet money will save them.

[Anonymous No.17264588]

>>17264554
That's what I'm thinking. However I think gold will explode in value first and once only a few people can afford gold (like $10,000+ an oz) only then will silver increase in value (say $50-$100)

[Anonymous No.17264614]

>>17264388
What can the average silver chad do to ride this wave?

[Anonymous No.17264672]

>>17263335

>he hoards something you can make by literally mashing a pile of atoms together

Ngmi

[Anonymous No.17264710]

>>17264525
I don't trade silver either, but I don't mind charting it. Also, the people who trade metals are probably doing it with huge leverage in order to make money. Forex moves very little too, but leverage makes it worth it.

[Anonymous No.17264813]

>>17264672
Most undervalued asset class is about to moon. It's like you don't want to be rich

[Anonymous No.17264832]

>>17263335
Link because PM market cycles take 50 years

[Anonymous No.17264864]

>>17264832
>>17264672
>>17264525
>>17264710

What's your post mooning strat?

[Anonymous No.17265023]

>>17264432
Won't they just buy masks n shit and not assets?

[Anonymous No.17265055]

>>17263599

[Anonymous No.17265060]

>>17263872
>>17264554
I will buy it back from you when Silver hits $9.

[Anonymous No.17265119]

>>17265060
>>17264554
Didn't most people into silver have a cost average of $9 anyway? So $19/oz would be like $10 LINK for people who bought under $4

[Anonymous No.17265138]

>>17264554
but i have both silver and crypto and already made $150k off of LINK
stay mad

[Anonymous No.17265166]

>>17265138

[Anonymous No.17265172]

>>17265119
Everyone who bought in last 10 years is bleeding money.
Depression hasn't even come yet.
$9 will be their decade long trail of tears.

[Anonymous No.17265217]

>>17265172
Do you support gold? Surely you can't only support an asset which can be entirely destroyed with a magnet, lost if you forgot your password, or god forbid a power outage.

[Anonymous No.17265223]

>>17264614
If you didn't have a position, now is a fine time to start. The risk vs reward is decent right now especially since price has a little support underneath it now. If we get over $18.5 or $19 and hold it, you could add more there too.

Also, if a proper bull run starts, you need to know when it's time to get out, so put the 50, 100, and 200 EMA on the weekly silver chart, and make sure that:
- 50 EMA > 100 EMA > 200 EMA
- 100 EMA support holds

If the 100 EMA is lost, you need to think about selling.

If it recovers the 50/100/200 EMA alignment, you can hop back on. However, if the alignment ever reverses, you need to GTFO (or short).

I've attached a chart that reviews 2003-2013 of silver's price action. I hope it helps.

The 1 week 100 EMA is a key support/resistance for silver.

>>17265060
I recommend using log scale. Most traders of that asset aren't drawing their trendlines on a linear scale chart.

[Anonymous No.17265227]

>>17265217
Gold is ATH in euro and yen.
Not sure if it is good or bad news.

[Anonymous No.17265241]

If gold breaks out, silver will too. And gold is going to breakout for sure.

[Anonymous No.17265283]

>>17265172
That chart is why I don't touch silver. People have literally killed themselves over what happened.

[Anonymous No.17265295]

>>17265223
>I recommend using log scale.

Very edgy, but if you weren't full of shit you would know that silver chart looks almost identical in both log and liniar.

[Anonymous No.17265299]

>>17265223
Can you explain what an EMA is? I've only been stacking for a few months now no ETFs just ASEs.

Do you suggest I compare the market at $50/$100$/$200?

[Anonymous No.17265316]

>>17265299
EMA is like a moving average (MA), but exponentially weighted to favor recent prices. It's smoother, and signals based on EMA are somewhat faster than MA.

[Anonymous No.17265353]

>>17265316
How should I chart it if my position is only physical coins? I know during a run the price can change considerably if I'm on my way to the LCS

[Anonymous No.17265362]

>>17265223
How about show 2020 graph instead of 2015?

[Anonymous No.17265373]

>>17265241
What gold do you hodl? I like fractional because ounces are too expensive but silver doesn't seem to be as good of an investment as gold so I end up with 1/10ths.

[Anonymous No.17265392]

>>17263335

>Silver
>A soon to be literal residual byproduct of goldmining
>Ever going to increase in value long-term ever

Fuck off, why are you shilling this lol

[Anonymous No.17265419]

>>17265227
Gold's current market structure is similar to silver's but better. It looks like it has the potential for a multiyear bull run too.

[Anonymous No.17265420]

>>17265227
I know rhodium and palladium are in bull markets would you recommend anything with platinum? It seems to be doing better than silver and has high potential like palladium.

[Anonymous No.17265421]

>>17265353
If you hold physical coins you shouldn't be looking at charts because the only reason to hold physical coins is for long term safe store of value.

[Anonymous No.17265451]

>>17265420
Small amount, sure why not, but who will buy it back from you?
>>17265419
No they don't look alike, silver is in strong downtrend, gold is confussed.

[Anonymous No.17265458]

>>17265295
>silver chart looks almost identical in both log and liniar.

That's not true on large timeframes. Look at how my trendlines are affected when I switch to linear.

Compare it to >>17265223 .

[Anonymous No.17265495]

>>17265451
Look at their EMAs on the weekly chart.
2003 saw both gold and silver regain a 50/100/200 EMA alignment.
2020 also has gold regaining its 50/100/200 EMA alignment.
Silver hasn't done it yet, but it looks close.

[Anonymous No.17265545]

>>17265495
EMA show present not future. You are bafking at a wrong tree.

[Anonymous No.17265606]

>>17265421
Would you suggest also trading ETFs?

[Anonymous No.17265625]

>>17265373
I try to go for 1oz for low premiums, gold eagles/buffalos, or gov issue bullion bars. I’m gonna get up to 10oz gold for a little while to wait and see what the price does and save cash and stack some silver in the meantime. And check back in April sometime and re-evaluate my position. Going way long term savings with it, aiming for the 10oz gold 1000oz silver meme sometime this year.

[Schiff Will Win !!L6zziHG8/KZ No.17265630]

Imagine holding a THIN AIR VAPORWARE ZERO USE CASE PIXY DUST PIXEL over the MOST VERSATILE AND VALUABLE COMMODITY IN THE GALAXY

Get this in your microscopic brain you retarded linkies
YOU CANNOT RUN NODES OR TRANSACT YOUR SHITCOIN WITHOUT SILVER
THERE IS NO FUTURE FOR LINK WITHOUT SILVER
THERES NO FUTURE FOR ANYTHING WITHOUT SILVER

Any idiot HODLing link over silver, please god SELL ALL YOUR SILVER RIGHT NOW and buy some LINK, you don’t deserve inconceivably massive generational wealth.

[Anonymous No.17265661]

>>17265373
16 ounces

[Anonymous No.17265702]

>>17265630

[Schiff Will Win !!L6zziHG8/KZ No.17265710]

>Silver
>A soon to be literal residual byproduct of goldmining
Soon to be EXTINCT supply, we will run out by 2030, silver mining will be ZERO
>Ever going to increase in value long-term ever
Future is technology
No future technology without silver

>Fuck off, why are you shilling this lol
you’re definitely not a antishilling hook nose seething because the goys are waking up to your ponzi scheme

Even insiders cant keep a lie on it
>conviction trade for 2020?
>unironically silver

https://youtu.be/VB3_oOxVqdk

[Anonymous No.17265717]

>>17265710

[Schiff Will Win !!L6zziHG8/KZ No.17265749]

>>17265702
Very low energy ponzimarine, kek keep buying the all time high of a zero use case ponzi scheme

[Anonymous No.17265787]

>>17265749
Based and metal-pilled

[Anonymous No.17265788]

>>17263407
>$1104 per ounce
?

I see it sells for $17.83

[Anonymous No.17265804]

>>17265299
>$50/$100$/$200

The 50/100/200 I mention refers to time and not price. If I saw "1w 100 EMA", that means the 100 week exponential moving average in the charts I was posting. It's the average price of the past 100 weeks but it's calculated such that recent prices are given more weight in the average calculation.

Moving averages create those curved lines you see on the chart, and traders use them as dynamic support and resistance. If you want to learn more about how to use moving averages, I would recommend Rayner Teo's work. It's well worth 26 minutes of your time.

https://www.youtube.com/watch?v=cSWC2WwbhHE

>>17265353
> How should I chart it if my position is only physical coins?
You chart it exactly the same way, because the price is the same.

[Anonymous No.17265814]

>>17265749
>zero use case ponzi scheme

[Anonymous No.17265821]

>>17265804
>If I saw
If I say*

[Anonymous No.17265854]

>>17265804
Do it for btc 2020 and you will see future of silver

[Schiff Will Win !!L6zziHG8/KZ No.17265909]

>>17265814
Of course he’s laughing, he can’t believe people trusted, let alone put hard earned money into a philosophy major’s ETH pooled cash grab ponzi scheme
Hey atleast sergeys dad got that red aventador, couldnt have done it without you guys providing liquidity
Tell me where linkies aventadors are at kek

[Anonymous No.17265995]

>>17265909
based and lamborghini pilled

[Anonymous No.17266010]

>>17265788
It means the value of the US dollar has nearly collapsed in comparison to other assets.

I didn't make the clock however it could just be all made up.

[Anonymous No.17266077]

>>17265854
BTCUSD looks fine to me, although it's at a very important resistance that it MUST break if it wants to see big bullish continuation. If it gets over 10500 and holds, the path to more upside is relatively clear.

[Anonymous No.17266120]

>>17266010

[Schiff Will Win !!L6zziHG8/KZ No.17266178]

>>17265788
That ratio is just how many dollars their are in comparison to how many toz’s of silver there is
That is just the USD doesnt even take into account any other fiat i.e. yuan euro pound etc
If you took all those fiats and put the ratio back in, it’d be over $5000 to 1 silver toz in terms of USD.
Paper to silver is just the futures derivatives market, meaning they are selling and buy silver that doesn’t actually even physically exist, paper certificates of silver that is not in the physical realm. Its just another ponzi scheme to suppress the price.
>>17266010
Its not made up, these stats are all taken from admitted state from the banks themselves, if anything its severely worse than what the banks are letting on

[Anonymous No.17266260]

>>17266120
This could have been prevented.

[Anonymous No.17266378]

>>17266260
Is that real?

[Anonymous No.17266404]

>>17264515
>Why the next two weeks specifically?
If it takes much longer than two weeks, the green trendline that I drew in >>17264280 would get violated, and it'd just be harder to get the engine going. It might even start dumping, so it would be in silver bulls interest to pump sooner rather than later.

[Anonymous No.17266430]

>>17266378
The one in the pic is a replica, but I believe gold bars like this used to exist.

https://www.kelsmilitary.com/product/GDC-008.html

[Schiff Will Win !!L6zziHG8/KZ No.17266478]

>>17266378
No but real ones exist, all yamashitas gold and nazi gold are held in us bank vaults/fed vault/fort knox

[Anonymous No.17266508]

>>17266260
>>17265814

Your crypto doesn't look like that does it?

[Anonymous No.17266548]

>>17266478
Do they sell them?

[Anonymous No.17266604]

>>17265420
It's too early to tell if platinum is going to get big bullish continuation. It hasn't even had an EMA golden cross on the weekly chart which both silver and gold have had recently.
I would stay out of platinum until a stronger confirmation materializes on its chart.

[Anonymous No.17266697]

>>17266604
Is copper a meme? It isn't classified as a "precious metal" so I figure it's still a meme because it's not in troy oz and they charge $2/coin which is the price per kilo.

[Anonymous No.17266739]

>>17266697
I don't know too much about copper, but it doesn't look correlated with the precious metals at all. It looks kinda dumpy, desu. I would not buy copper in any form at this time.

[Anonymous No.17266756]

>>17266120
Based and collapse pilled

[Anonymous No.17266837]

>>17265392

[Anonymous No.17266866]

USD is the currency that matters. All your precious "metals" and "crypto" are valued in USD.

[Anonymous No.17266898]

>>17266866

[Anonymous No.17266996]

>>17265392
>best conductor on earth
>oldest store of wealth on earth
>gold:silver ratio extremely high
Real question is why the fuck not

[Anonymous No.17267080]

>>17266996
Silver suicide stack is 1000 oz change my mind

[Anonymous No.17267105]

>>17266866
And you'd be a fucking moron to hold large amounts of it

[Anonymous No.17267238]

>>17266866
>>17267105
Fucking based

[Anonymous No.17267567]

>>17264515
I'm looking at the chart again, and it's got a little more than 2 weeks. I'll give it 4 to 6 weeks to make a decision up or down. I needed to zoom in to see how far away the trendline really was.

[Anonymous No.17267740]

>>17267080
Suicide stack is 100 oz
Make it stack is 1000 oz
Always has been always will be.

[Anonymous No.17268036]

>>17267105
You'd be a moron not to. The petrol dollar is the most stable fiat currency

[Anonymous No.17268055]

>>17267740
What is the suicide stack for gold?

[Anonymous No.17268110]

>>17267740
What % ratio of junk to bullion should the stack be?

[Anonymous No.17268135]

>>17265749

[Anonymous No.17268356]

>>17267567
What is the ratio after the bull run in your opinion?

[Anonymous No.17268363]

>>17263872
Both. If you don't hold some silver you're never going to make it.

[Anonymous No.17268428]

>>17268055
At current prices for gold (1583.84) and silver (17.73),
- 100 oz silver == 1.12 oz gold
- 1000 oz silver == 11.19 oz gold

>>17268356
I don't know what ratio you're talking about, but even if I did, if it involves any kind of price prediction, I'd have no idea. I like to anticipate direction of movement, and potential supports and resistances. I don't try to look beyond that.

[Anonymous No.17268441]

>>17263521
I hold my private keys papi, whatchu got papi?

[Anonymous No.17268522]

>>17268356
It's funny -- I just did some division right now. Did you mean the gold to silver ratio?

If so, I just looked at the chart, and short term, gold looks ripe for a pullback which could imply a silver pump, but longer-term, I think gold's dominance will continue to grow. It's not showing any major signs of weakness as far as the gold to silver ratio is concerned.

[Anonymous No.17268629]

>>17268441

[Anonymous No.17268713]

>>17268629
Top kek

[Anonymous No.17268723]

>>17265630
Silver isn't worth it unless I have 50 million dollars to throw somewhere

[Anonymous No.17268942]

>>17268723
>>17264525

I notice a trend maybe anons know something about being a millionaire and holding silver

[Anonymous No.17269465]

>>17265710
I almost shit my pants when this Guggenheim dude straight up said "Silver" on TV when they asked him what he's buying. Makes me want to buy even more.

[Anonymous No.17269482]

>>17269465
Link?

[Anonymous No.17269532]

>>17266478
I'm pretty sure it all got melted down and stamped with the Star of David. And I've heard some conspiracy theories about Fort Knox about how any bars the US has are just gold plated tungsten. While all of the real gold that is there belongs to other countries. Could be the other way around that we keep the real gold and give the tungsten to the countries that have recently repatriated. Either way there has to be way less gold in Fort Knox than there is claimed to be.

[Anonymous No.17269568]

>>17269482
It’s posted here, it’s toward the end of the interview >>17265710

[Anonymous No.17269635]

>>17269532
That's crazy do you have any sources about the tungsten? Makes for a wild story

[Anonymous No.17269702]

>>17268036
>the shiniest piece of shit
Fiat is fiat. It all inflates and has zero inherent value.

[Anonymous No.17269948]

>>17269635
Look up Rob Kirby featured on Reluctant Preppers on Jewtube. I don't know which video where he goes into it, but he knows a shit ton about Fort Knox. Look up Jim Willie too, he goes into some wild theories, some that even line up with /pol/.

[Anonymous No.17269984]

>>17269635
https://www.youtube.com/watch?v=QnNKz5YTy9o
Watch this, and then look up Jim Willie who I believe goes into the tungsten bars thing

[Anonymous No.17270103]

Imagine actually buying something with no intrinsic value.

[Anonymous No.17270141]

>>17270103
>8.8m tall
>210kg
>catch rate of 45
>"no intrinsic value"

[Anonymous No.17270158]

>>17269984
Looks interesting I'll check it out

[Anonymous No.17270208]

>>17270103
>Shiny rock meme
If they're just rocks why are wars started over it's ownership? Why do governments hoard it? Why have their properties and appearance been associated with wealth for a millenia?

[Anonymous No.17270285]

>>17265630
>THERES NO FUTURE FOR ANYTHING WITHOUT SILVER
Copper is pretty much just as good.

[Anonymous No.17270477]

When (((they))) finally pull the trigger on this how fast will the price go up? I'm thinking it will go up like +$30 in less than a week and when it becomes obvious what they are doing and all the normal citizens start asking to buy silver they will say LOL, there isn't any.
If they have truly sold more paper silver than there i actual silver above ground by a large margin than any physical you don't actually have in your possession belongs to places like JP Morgan.

[Anonymous No.17270490]

>>17263407
What's the source on this?

[Anonymous No.17270504]

>>17264554
>Crypto AND PMs

[Anonymous No.17270505]

>>17270490
MS Paint.

[Anonymous No.17270529]

>>17265909

VROOM VROOM

[Anonymous No.17270579]

>>17270529
the chad sports car

[Anonymous No.17270695]

>>17270504

[Anonymous No.17270957]

Eth

[Anonymous No.17271045]

>>17266604
Are palladium and other platinum group metals also unknown? Or should we consider including them in our portfolios?

[Anonymous No.17271218]

>>17271045
>palladium
This has been really educational for me, but palladium has been crushing it for many years. The market structure of palladium in 2017 looks like the market structure forming in gold in 2020. It looks great, but it's hard to recommend a buy, because it's pulling away so hard. I'd like to see it pull back to something, even if it's just the 50 EMA before considering a buy.

Palladium looks great, but the time to load up was 2017 - 2018.

Gold looks good, and the time to load up is now.

Silver almost looks good. It might be time to load up, but if you want to play it safe and wait for the 50/100/200 EMA to line up, that's perfectly reasonable.

Platinum looks like it might be good too, but it's a little bit behind silver in terms of where its market structure is.

Palladium was a big surprise though. It's been a beast, and I had no idea until you asked and I looked. This train has left the station, and you may have to wait a while for it to come back.

[Anonymous No.17271265]

>>17266077
Why are your magic lines doing nothing when it comes to BTC?
Are they broken?
You waste your time looking at EMA.

[Anonymous No.17271326]

>>17271265
Let me show you how they work on the 1d timeframe.

[Anonymous No.17271329]

>>17271218
Your shitlines predict nothing, can't you see? It only shows where price WAS.
Everytime they touch it is already months after the pick, why do you even bother.

[Anonymous No.17271337]

>>17263521
Damn now THIS is boomerposting. Can’t wait to read your 26 other posts.

[Anonymous No.17271339]

>>17271326
Every graph you showed literaly shows PAST!
First bear comes then your lines meet, are you slow?

[Anonymous No.17271342]

>>17271218
Damn that's crazy. I just got into PMs a few months ago. Still too much of a broke boi to get a lot of gold/platinum/palladium/rhodium.

I know fractional gold is where I'm going now, but any ideas what I should do? HODL silver is my main strategy but I

[Anonymous No.17271380]

>>17271339
>hurr durr
>guise I know how graphs work
>you, an intellectual

[Anonymous No.17271384]

>>17264554
imagine being such a delusional boomer that you can't even comprehend people may in fact have diversified holdings

you're fucking retarded

[Anonymous No.17271416]

>>17271329
>>17271339
I feel like you're not reading the chart right. Can't you see that once a market gets into a posture such that 50 EMA > 100 EMA > 200 EMA, it stays that way for a long time and trends up? Conversely, when it gets into a posture such that the 50 EMA < 100 EMA < 200 EMA, it trends down for a long time.

It's not going to catch the absolute top or bottom, but it will get the meat of the move. Furthermore, during the trend, price will test the 50 EMA and 100 EMA from time to time from either direction. If you missed the train, those can be good oppornuties to hop on safely. Isn't that valuable? It looks like precious metal traders really respect the classic 50/100/200 EMAs, so why not pay attention to them?

[Anonymous No.17271421]

>>17271380
Look at his shit BTC chart and tell me you need those fancy lines to figure our that bull is over.
Point out where it predicts anything

[Anonymous No.17271511]

>>17271421
No you're right why should anyone read graphs and analyze trends when we could all instead take your advice which you photosynthesized

[Anonymous No.17271514]

>>17271416

[Anonymous No.17271520]

>>17263335
both at the same time

[Anonymous No.17271537]

>>17271511
Dunno

[Anonymous No.17271570]

>>17271342
>but any ideas what I should do?
- Learn some basic technical analysis so you can answer a lot of these questions yourself. A guy who really does a good job of the basics is a Singaporean guy named Rayner Teo. Learn about Moving Averages, learn about trend lines, learn about horizontal levels -- he explains the basics really well.
https://www.youtube.com/channel/UCFSn-h8wTnhpKJMteN76Abg
- Learn about trading psychology. The late Mark Douglas is the author of the most respected books on this topic, but if you want to follow someone who's still alive, I recommend Trading Composure.
https://courses.tradingcomposure.com/courses/psychology-of-risk-for-traders
- Get yourself an account on https://tradingview.com and start doing analysis on your own charts.

[Anonymous No.17271632]

>>17271342
>>17271570
My favorite technique is divergence.
https://www.babypips.com/learn/forex/divergence-cheat-sheet

If you want to get in before the moving averages confirm a trend, this is what lets you do it. It's a bit more aggressive, but it works well IF you use it in confluence with areas of support. If you notice bullish divergence, and it's happening near a support like a major moving average or a trend line or a horizontal level, the probability of a reversal increases.

Rayner calls this looking for "areas of value". Waiting for price to approach an area of value before entering your position will increase your win rate significantly.

[Anonymous No.17271723]

>>17271329
>It only shows where price WAS.
It doesn't show that at all. What moving averages do is smooth out the price.
Short periods do the least smoothing and follow price faster.
Long periods do the most smoothing and follow price slower.
Traders (whether they be bots or humans) use these lines as support and resistance, so it's good to be aware of them.
Also, the concept of moving average alignment is something that's widely agreed upon by traders as a way to confirm a trend.
It's good to be aware of when these conditions happen.

[Anonymous No.17271754]

>>17271537
Nice graph
>only shows past prices

[Anonymous No.17271831]

>>17269568
>>17269482
Whoah, I listened to this interview live on Bloomberg Radio driving to the office. I swear, on the radio he was cut off after saying "silver". I don't think it's a conspiracy or anything, with radio they have hard commercial breaks and that was a tv interview as well. I just remember it so well because it was cut off right at that moment and I wanted to know so bad why he said it. Side note, Minerd is a big time under the radar genius. He's spot on and you can just tell he knows exactly what he's talking about.

[Anonymous No.17271838]

>>17271754
It shows past, present and a future for every human made bubble:
>>17265172
>>17265060

[Anonymous No.17271852]

>>17271342
>but any ideas what I should do?
There are a lot of things I wish I knew before I started trading. Here are a couple more things you can look into for trend analysis.
- Renko Charts: https://medium.com/@ColdBloodShill/bricks-and-mortar-renko-816fbd1c74db
- Guppy EMAs: https://www.tradingview.com/script/3rxOtFe0-CM-Guppy-EMA/

They both try to make trends easier to see, but they do so in very different ways.

[Anonymous No.17271916]

>>17271342
>HODL
Riding a long-term trend is fine, but you need to have criteria for selling. Look up what a trailing stop loss is, and there's a variation on it called the chandelier exit. Trends don't last forever. Have a plan for when the trend ends.