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IncomeSharks

@IncomeSharks

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Stock, crypto, and market education, analysis & predictions. Be careful of impersonators. Free newsletter @dailytradr

CryptoWorld
Joined December 2015
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@IncomeSharks
IncomeSharks
10 months
#Bitcoin - The March prediction is complete! Every line drawn on here was back at the beginning of March and we finally hit $80k.
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@IncomeSharks
IncomeSharks
11 hours
$VIX - Almost the lowest volatility has been all year. It can still go lower and stocks higher but definitely worth keeping an eye out when FOMC and Quad Witching is in the same week. Figure at least one bigger red day is lurking around the corner.
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@IncomeSharks
IncomeSharks
14 hours
$SOL - Don't think the second half of these squiggles play out but so far that resistance still holding. Happy to remove the squiggles if we get a close higher.
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@IncomeSharks
IncomeSharks
15 hours
$ETH - OBV still looks great. Price still has more upside to go to catchup.
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@IncomeSharks
IncomeSharks
15 hours
Back in my day we use to trade crypto to make money.
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@IncomeSharks
IncomeSharks
15 hours
$BTC - Might be a little more volatile week with stocks but still see this playing out.
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@IncomeSharks
IncomeSharks
15 hours
You don't have to try and chase every meta and narrative. There's a reason accounts that try to trade them all run out of money.
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@IncomeSharks
IncomeSharks
3 days
$ETH - Everything drawn on here on June 2nd. Not a bad 3 month guess.
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@IncomeSharks
IncomeSharks
3 days
$ETH - You won't mind the re-tweets if you've been holding and following along. OBV leads the way and price follows.
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@IncomeSharks
IncomeSharks
7 days
$ETH - Support holding, OBV looks better than price does. Should mean price will follow next.
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@IncomeSharks
IncomeSharks
3 days
$ETH - 3 days ago OBV started screaming to buy. One of the few indicators that's leading not lagging.
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@IncomeSharks
IncomeSharks
5 days
$ETH - Most bullish thing right now is how wild OBV is going before price.
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@IncomeSharks
IncomeSharks
3 days
$ETH - OBV gave a lot of warnings. Now it's breaking out.
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@IncomeSharks
IncomeSharks
3 days
Next Friday is a Quad Witching day. Happens 4 times each year and is often a volatile day followed by a reversal of some sort next week. June 20th - Red day that trapped longs, shorts piled, then giant reversal Monday and gap up Tuesday March 21st - Shorts piled, gap up Monday
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@IncomeSharks
IncomeSharks
3 days
Crypto back to 4 trillion. Still smaller than the size of some US stocks.
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@IncomeSharks
IncomeSharks
3 days
What's keeping me semi bullish is that crypto positioned itself in this weird place where if stocks keep going higher it brings it higher (even if not right away). If stocks slow down or even go lower there's a valid reason to expect some of the profits to return to crypto.
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@IncomeSharks
IncomeSharks
3 days
There's never been more money in crypto and yet the vast majority are down bad. Dilution is why it still feels like a bear market for most.
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@IncomeSharks
IncomeSharks
3 days
Total crypto marketcap right at that 4 trillion dollar level.
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@IncomeSharks
IncomeSharks
3 days
$ROSE - Give me an OBV breakout and I'll consider buying.
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@IncomeSharks
IncomeSharks
3 days
Think we are all guilty of it. We assumed money would rotate sooner to the next level down and instead it stayed higher up. Memes went from on fire to ice cold. On chain tried waking up but keeps getting shut down. Altcoins never really caught bids. Meanwhile stocks crushed it
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@IncomeSharks
IncomeSharks
3 days
The market made the conditions as simple as possible, hold $BTC $ETH or $SOL and walk away. Instead greed said that won't be enough in gains so most took bigger risks and gambles and have overtraded their portfolios to nothing. It's been a bull market just traded poorly.
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@IncomeSharks
IncomeSharks
3 days
$SOL - Would have to get to $320 to match Ethereum gains since market lows in April. Definitely possible, but my logic is if that happens it probably means $ETH is probably at $6k and would be up 330%, compared to Solana up 230%. Both good trades.
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@IncomeSharks
IncomeSharks
3 days
OBV was your early warning sign that $ETH was heading higher.
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