The thin white midline has held silver down since 1892...
133 years.
And here we are.
At the very moment it has NO WHERE ELSE TO GO BUT ABOVE!
What a time to be alive!!!
The two Fuchsia lines on the ChART add confluence to the story.
The longer 8 degree line acted as the neckline of the inverted head and shoulder "grey highlighted pattern" pattern from 1892 "start of left shoulder" and 1973 "Break of right shoulder... Establishing a previous cup and handle pattern from the 1800 to 1980 "blue highlighted pattern". The Fuchsia line also depicts support of the current cup pattern created from 1979 to 2011 "green highlighted pattern". Touching 4 times from 1990 to 2003.
A new line was formed in 2020 during the COUP-VID dump...
That 58 degree Fuchsia line has held since touching approximately once a year since. Creating the right side of the handle.
The tiny yellow circle depicts the time left before the thin white line and the fuchsia line meet.
Silver is on the brink of a of it's 10th attempt to break the line and 3rd and final actual breakout.
$80 by Christmas 2025 is very probable, possible, and highly likely.
I think a pullback to the intersection of the "orange" neckline of the cup and the fuchsia trendline ending in 2028 at around $50 is a likely scenario.
With a rally into the next diagonal resistance "depicted by light blue upper line" that has been touched twice before once in 1864 and again in 1980 will once again be touched again likely around 2030 making the thin white line now support...
SILVER SERVING UP A POTENTIAL 755% PLAY INTO 2030 BEFORE A 2 DECADE BREAKDOWN AND CONSOLIDATION BACK TO THE $65 AREA...
With that being said $30 SILVER is about to be a thing of the permanent past.
The thin white line will now become support...
Figured I'd leave a detailed ChART of why I am a .999 PURE SILVER BULL...
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.