IncomeSharks
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Safe to say rate cuts coming tomorrow, at a 97% chance for 25bps. Over 300 million in volume is pretty insane. How long until we just eliminate the FED and let Polymarket decide outcomes?
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Over the past 5 years the S&P 500 has shown that the day most likely to be green is on Monday and the day to most likely be red is on a Tuesday.
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New theory: When Tuesdays are red we are in a downtrend. When Tuesdays are green we are in an uptrend.
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$ETH - Still too early to say the bottom is in even though it's looking good. The last boss standing in the way until we can start officially celebrating is about the $3,500 level. You flip the remaining SuperTrend bullish and the bears start looking dumb again.
ETH5.87%
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$ETH - OBV is great at staying patient and unemotional in markets that are impatient and emotional.
ETH5.87%
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There are trending markets and ranging markets. The easiest money you will make is in a trending market. We had one from April 10th to October 10th. We are now in a ranging market which is much tougher. SuperTrend is a great way to visualize that. One long signal versus flip flop
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If you trade on the daily chart, you shouldn't check price more than once a day. Trading on the weekly? Once a week. If you are checking every 5 minutes then you need to trade on the 5 minute charts.
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$ETHBTC - Flip this red line and turn it green and I'll really like this chart.
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$FRPT - When an OBV sky rockets like this out of a breakout you know price is going to go higher.
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$ETH - First time in a long time OBV looks like it wants to start going back up.
ETH5.87%
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If the market goes in the opposite direction that people want it's manipulation. I didn't see many say Bitcoin was manipulated from $15k to $125k.
BTC1.12%
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$BTC - Real bottoms take time, and the biggest mistake is thinking you have to be in a hurry otherwise you'll miss it. Not only do you usually get multiple attempts but often multiple months if not longer.
BTC1.12%
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Every position I hold, relative position size, entries, and exits all can be shown through the Slice website. This is a feature of transparency I wish X had. Plus there's no AI bots and replies so I can actually respond to comments and questions. Helps to cut out noise
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$VIX - Pretty clear channel. For those swing trading stocks it's been pretty reliable for periods of euphoria to take profits, and dips to buy. Historically if there's ever a monster spike you buy aggressively. Looks like we could finish December green before a bottom touch.
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Bulls putting in the work to make a more compelling argument. 3 trillion looks like a natural floor for total crypto marketcap.
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A good example of how emotional markets can be and the opportunities you can play. Almost a 5x return if you remained confident in a rate cut. And best part is not even having to wait for the decision, can realize profits now.
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$SOL - OBV was spot on with the massive bear div at the top. Now after all the selling it's reached major horizontal support signaling that it's probably close to a level worth buying again.
SOL2.87%
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$BTC - OBV looking better, still has to reclaim and go higher to be confirmed but a good start.
BTC1.12%
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One trend worth noting is how much Gen Z spends on pets and the rate of growth for pet ownership. They might be having less kids but are owning more pets and spoiling them.
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Bitcoin green and stocks going red is the narrative you want to start seeing more of for a reversal. Still have a lot of time left to see where both finish though.
BTC1.12%
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