IncomeSharks

IncomeSharks

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Stock, crypto, and market education, analysis & predictions. I will never ask you for money, be careful of impersonators. Only on X and YouTube. IG is NOT me.

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Signal Clone Analysis

Ethereum OBV is vertical. An insane amount of buying volume to almost zero seller volume.

I have to keep restarting all these arrows and charts and boxes. Bitcoin keeps going past all the targets. Good problem to have.

$ETH - Still holding, we hit my first target but I'm not going to be in a rush to sell here. Especially when there's no change in momentum yet.

If you had invested your covid stimulus checks into Bitcoin you'd have $26,000. A family of four would now have $83,000.

Shorting long term isn't a profitable strategy. I've seen Michael Bury lose more than win. Here's another stock he shorted a month ago. The "Big Short" has been a huge disservice to traders because they think they'll catch the next short and blow up their accounts trying.

The most bullish conditions are when people are afraid to sell. Time to punish sellers.

Once the market start punishing people for selling too early the fun really starts.

Still makes you wonder. There's suddenly a lot of instituonal interest and big players buying crypto.

A fun tin foil hat theory is that institutions and big players are quietly moving all their assets to crypto knowing that legislation is coming to make selling it a tax free event. Then a billionaire tax gets passed but they've already moved to crypto and found the loophole.

$ETH - When in doubt pull up the OBV chart. Not only did we reclaim the diagonal we smashed past it. twitter.com/IncomeSharks/statu...

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