Silver's showing a harsh red day, but let's pump the brakes here. A single bearish candle doesn't automatically flip the script on the broader trend. Want proof? Look back to January 1980 - silver took a 12% hit early in the month, looked brutal on the charts, yet it bounced right back and eventually broke into fresh highs.
So what actually matters for confirming a real reversal? Watch the 10-day moving average. If price closes below that level, then we're talking a legit shift in momentum. Until that happens, treat this dip as potential noise rather than a trend-killing signal. The structure has to break, not just one candle.
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YieldWhisperer
· 14h ago
nah see, one candle proving nothing is literally just cope... but okay fine, the 10-day MA thing, *actually the math doesn't check out* when you factor in real volatility. watched this exact pattern in 2021, spoiler: most bounces were just dead cat rallies. what's the actual on-chain flow looking like tho?
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Degentleman
· 15h ago
A single red candle causing panic? The silver price surge in 1980 directly slapped everyone in the face. It's not time to turn the tide yet; wait until the 10-day moving average breaks.
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RugDocDetective
· 15h ago
A single red candle can't scare the men. Isn't 80 years of silver also been accumulated this way? The key is whether the 10-day moving average breaks or not. Only after it breaks can it be considered a true reversal. If you’re already shouting that the sky is falling now, that's really too weak.
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ParallelChainMaxi
· 15h ago
In 80 years, the silver price has fallen but still rebounded. This little bit of red doesn't matter... The key is whether the 10-day moving average has broken or not.
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failed_dev_successful_ape
· 15h ago
I checked the wave in 1980, and it was indeed a false alarm... The 10-day moving average is probably the real dividing line.
Silver's showing a harsh red day, but let's pump the brakes here. A single bearish candle doesn't automatically flip the script on the broader trend. Want proof? Look back to January 1980 - silver took a 12% hit early in the month, looked brutal on the charts, yet it bounced right back and eventually broke into fresh highs.
So what actually matters for confirming a real reversal? Watch the 10-day moving average. If price closes below that level, then we're talking a legit shift in momentum. Until that happens, treat this dip as potential noise rather than a trend-killing signal. The structure has to break, not just one candle.