IncomeSharks

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The amount of news stories you hear on X that turn out to be rumors or fake is getting so high it's becoming unusable as a source of information.
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Total Crypto Marketcap giving us a pretty clear picture of what levels need to break for either the bulls or bears to be happy.
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$ETH - Still have these 3 hurdles to climb before it's back to being bullish. You can see how many times in the past the Supertrend (red line) was rejected. I still can't rule out April lows getting swept but I will continue to watch and wait for confirmation either way.
ETH-3,42%
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$OPRA - Another trade with a big earnings beat. Good bounce at the bottom of the massive bullish wedge with strong fundamentals and looks like it wants to reach the top.
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$MSTR - If we start flipping these Supertrend lines from red to green on the crypto majors and crypto stock plays it could lead to a pretty good March/April.
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$HOOD - Every year they find a way to get better and more profitable. All I see with the price is a 50% discount.
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$NVDA - OBV in a strong and upwards channel. Another earnings beat.
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Supertrend has been red on Crypto since the events of October 10th. A clear signal to get out and wait for a reversal. Bulls having a good day but I'd wait for at least it to flip green before any celebrating happens.
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ybaservip:
To The Moon 🌕
$CRCL - Trade up 30%. Went down a big rabbit hole on Slice about stable coins and treasuries. This is what's going to hopefully help fuel a crypto rally.
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$BTC - Squiggles holding up nicely. Getting a bounce right around the squiggle low. Next move if it plays out will take us to about $72k.
BTC-2,17%
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$BTC - Pretty much just following the squiggles. We probably get a green month in March but nothing wild.
BTC-2,17%
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$PYPL - Finally a bullish OBV spike up. Good for a mean revision or a local bottom if there's institutional buying or a catalyst/headline that's coming.
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The algos aren't broken, we are unfortunately addicted to anger and rage (look at politics). The easiest model to getting more clicks is: Enragement = Engagement. It's a vicious cycle and it's why social media and the news is so destructive to mental health.
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Monster energy drinks and big tobacco/nicotine been trading in their own bull markets. Almost need an "addiction" ETF.
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If this was any other asset than the S&P 500 it would have found a way to have taken out at least some of those lower gaps by now.
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These are the exact conditions of where crypto should be thriving. Still optimistic we can go back to being a serious space. Hopefully everyone is done with all the garbage narratives, ponzis, scams, and grifts and we can at least go back to pretending we care about the tech.
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If you treated trading like a seasonal resort business you'd do better. Instead of trying to stay open year round you wait to open (trade) when the tourists show up (liquidity) and everyone is willing to pay more because the weather is great and they are having fun (bull market)
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It's amazing how often the "nothing ever happens" trade works out. Especially when it's anything crypto related. The reality is always between the extremes.
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$FIG - If the financials were stronger it'd be tempting. Still seems overvalued but still showing growth. Not sure what makes it so special but also haven't done a deep dive.
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$FRPT - Pet food outperforming almost all sectors and stocks this year. Looks ready for another resistance break then $90 is on the table.
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