Real money silver has broken through to the other side .. The huge manipulated wedge looks beaten as predicted. Expect all the usual shanannigans in the media and financial institutions to try and keep it repressed. The unprintable achilles heel of the bankers won’t be denied.
This is a 3 month log chart showing the same closing wedge I looked at recently. As before the green line shows a long term trend line at the top of a channel I’ve been watching since bitcoins were under $50. Red line shows the downtrend I’ve been looking at for the last week […]
Just a quick post to note the breakout of my channel that happened earlier. Heres the 10 day chart with the breakout marked by a little red arrow in case you missed it. So does this mean the bears are defeated already? Its definitely a very bullish sign but I’m not sure it means the […]
Here’s a 1 month log chart of bitcoins versus US$, should be pretty self explanatory I think. I’ve drawn in the same trend line as in my last post which already looks like a good line of support. Also shown in red the horizontal line of resistance. (Interesting how resistance always appears horizontal). This has […]
Just been drawing some lines on my 10 day chart and thought I might as well share. As you can see I’m still looking at new slightly steeper upward sloping trend lines. which I’ve drawn in my latest version here along with a few parallels. Although I’ve been saying for quite a while there would […]