IncomeSharks
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Crypto and stock trader focused on fundamental analysis, trend analysis, and swing trading.
$ETH - Here's how I'm viewing the OBV right now. Treating it as a bullish breakout and re-test. Comes back in the channel I'm probably selling my position and waiting for another time to go long. Break down that red line and we break $3k again and most likely re-test lows.
I definitely have a leash on this $ETH trade, still feel good about it though, would have loved for SuperTrend resistance to have broken though, that would have been real fun for crypto.
$ETH - OBV and price actually still looking good. Stocks pulled back after hours bringing crypto down with it. But usually post FOMC we do see a little reversal but the first move and direction is usually the correct one so by Friday we should be back up or maybe Thursday.
Might have to button up and take some profits if we see some more aggressive selling but for now nothing that unusual. OBV just a little dip after a breakout is pretty good.