Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / SILVER BREAKOUT! 🚀 Why $71 is Just the Beginning! #shorts
Transcript
- 0:00And right here we are right at that $70 range as of when this
- 0:04chart was produced. But as we know right there and
- 0:07there's the there's the trend line, the support line that goes
- 0:11way, way back to August of last summer.
- 0:14What is that eight months, right, this line right here.
- 0:19And we are today bouncing off that line.
- 0:22But it's even more interesting when we look at this.
- 0:25This is like crazy sevens, right?
- 0:27Happy Hawaiian, the man, the myth, the legend says.
- 0:31What is it about $71 that's so important to the silver shorts
- 0:37right now? It's the support that held for
- 0:40six straight days in late December.
- 0:44OK, that would be let me get my markers out then I'll make this
- 0:47bigger a little bit later. That would be that point right
- 0:50there. Right when silver went up and
- 0:52then held at 71, which is right here.
- 0:56It's that it's this line, this black line that you see on the
- 1:01chart, OK. It's also where the sell off
- 1:04stopped on February 2nd, 5th and 6th.
- 1:08That would be these areas right here.
- 1:11OK, now this is crazy. We hit $71 for eight straight
- 1:17trading days in a row. That would be this area right
- 1:22here, the most recent 8 days and then right here.
- 1:25Retaking this level is key. OK, so let's pull this up and
- 1:31just look at what he's talking about again right here, guys, 8
- 1:36days, right? We're bouncing off that black
- 1:38line and I'll make it red for you right there, which is 71
- 1:42dollars eight days in a row. This area right here, I'll
- 1:47underline it. And now we have broken out.