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SLV 

Nobody has ever taught me the proper methodology to apply my (now) favorite fibbies, so take it all with a grain of salt.  

I leaned into them starting around 2018 because I couldn't figure out how to pass judgment on apeshit price moves in crypto. I am either hella lucky or half the planet is also looking at the same thing, because they do often provide useful information when a thing is busy doing the parabolic chingadera. 

Silver here just banged into the 73.01. 

112 above 
48 below 

All I can say for certain is that it takes a lot of energy to start blowing out fibbies like these going upside, and there is usually a pause for a couple days before they get blown out. (up or down) 

HAPPY SUNDAY!

Image added via SlopeCharts
slopechart_SLV.jpg

Comments

BasselopeBasselope
More crayons! 12/28/25
sandunessandunes
I gotta get over to Walmart today. 
 
I ate all the red and green ones for X-mas. 12/28/25
Mr. WizardMr. Wizard
sandunes, I don't believe there is a "proper" way to draw Fib lines, any more than there are right and wrong ways to draw trendlines, or any other lines. The objective is to make money from drawing lines, to better understand where buyers and/or sellers might be stronger or weaker. 
 
Long way of saying pick lines that have worked in the past. Why did those particular Fib baseline choices work better than others? Reversals that anchor Fibs are where buyers overwhelmed sellers, or vice versa, those important turning points are where lots of traders either made or lost tons of money. Those traders remember the gain, or the pain, and that takes a while to recover, before they're willing to step back in again, or to give up on the idea of making additional profits. 12/28/25
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