$SILVER will overperform $ETH ?In this #silver against #ethereum (XAG/ETH) chart, silver formed a bull flag against #ETH and also there' s a gap downside as seen on the chart. If this index make bullish breakout to upper red box, then i may expect some issues:
- ETH and #crypto may go into a corrective wave.
- Silver pumps, ETH just underperforms.
OR Whole markets' correction / dump.
If index goes to fill the gap: #ETH pumps.
Not financial advice.
XAGETH trade ideas
Looking for Silver to outperform EtherFor the record, I hold both and I'm a fan of both. It's no big secret that Ether is a huge performer of recent weeks and has some great potential upside in it. Silver has been consolidating but was coiling for a breakout even before the silversqueeze campaign. (One of my other charts shows how that has kicked off). We're showing signs of exhaustion on XAG/ETH so will be keeping a close eye in the next week or two but the signs are looking good for Silver to ascend quicker than Ether