TradePod

TradePod

There is currently a bearish divergence the size of Africa on the SPX500 right now. Looking at past 2 higher TF bear divs that played out and taking in the following data: 1) how long the bear div is 2) how much it dumped afterwards With some quick maffs we can figure out where price will go! 1) 84D range peak to peak, -5.54% peak to bottom 2) 245D range peak...

TradePod Updated 

pump it

TradePod

Epic New Years party is over, time to start hedging and taking profit: -Larger TF fairly overbought -Near tip of meme wedge -US/China trade deal excitement wearing off (probably) -Length of US government shut down? Currently scaling into short positions through puts, S&P futures and bear ETFs. Not panicking until over 2650.

TradePod

Currently fairly bullish on MU. Currently at previous consolidation level My assumptions are based on: -FUD on price fixing and effects of trade-war has already been priced in -Fairly oversold stoch RSI -Consistent demand of flash memory products -Good volume and bullish response at this price level -High volume sell-off absorbed well over past 2 days (sept...

TradePod

Scaled into a wee bit of ETHBTC on bitmex and binance and market ejecting if we break the box and go lower. Mostly worried about ETHUSD making new lows

TradePod Updated 

S&P has retraced from all-time high back to breakout. Current options position is (slightly) net short but approaching 0 deltas and considering going net long with some shorter dated end of month calls. Also short on UVXY just in case we chop around for a while. Lots of potentially juicy decisions and policies to look out for right now: -US-China tradewar...

TradePod Updated 

Dogecoin is used to facilitate purchases where fiat is not available or accessible. Over time Dogecoin will overtake fiat as it will become the dominant world currency at which point people will use fiat only to load up on more dogecoin.

TradePod

Gonna dabble in some "real markets" and options juggling here: yesterday SPY managed to barely peek above all time highs but retraced most of the up move by market close. Post market SPU18 tapped July highs and is now sitting right below august 7~9th range. Most important level to watch imo is 2840: A breach below would create a new lower low and would be where...

TradePod Updated 

Very short TF, just looking at levels at where whalechad was filling up his hidden orders on the 15th on BitFinex. (Green lines) Absorbed a lot of BTC and not sure what to make of this; seems like a bad idea to accumulate this way. Some possible scenarios: -Wash trading by selling into their own hidden walls with other people's shorts too (maybe) <<< -Whalechad...

TradePod

Previous short idea invalidated, time to move on. Good volume from 6.6 (rip new 6800 shorts and stops) and potential bullish catalysts (likely ETF approval) and explosive volatility after yearly lows are good news and should allow at least a small relief rally into the 8000s. R/R of btc at this current price ~7.5k for longs is absurd; If you closely examine the...

TradePod

Descending wedge on the daily with bottomed out stoch RSI on the daily, tightening range and lowered volume and a TD8 on the daily. Scaling into TRX spot and longs on bitmex at this price range with stops at 420ish sats. Initial target is 730ish sats. If this fails then at least we might see some fireworks from increased volume and volatility

TradePod Updated 

Laddering BTC asks from 6600 to 6900 and moving stops from previous idea to 7080. Expecting either rising wedge to play out or rejection at around the 7000 level to take btc back to 5k; If we break through resistance with conviction my first long target would be 7.5. Still unconvinced that 5.8 was bottom for btc in this market cycle but would not be very surprised...

TradePod Updated 

BTC daily and weekly is still fairly bearish; closing below early 6400 support; however, 4H looks like a possible wyckoff accumulation. Where do we go? I'm currently still net short but now nearly flat with longs from 5900 ~ 6000 (5800 on Sept XBTU) as BTC. The possible wyckoff accumulation on the 4H is a lot less structured compared to the distribution pattern...

TradePod

Eyeing a breakout short for LTC to add on top of existing short; currently in a flat bottom descending wedge. BTC and many alts just dumped hard and expecting LTC to do the same. VPVR also shows a nice void that once it breaks should result much lower lows

TradePod

BTC has been ranging in this area for a while now with the 8000-8100 level so far acting as a titanium support; the combination of a falling wedge and strong support means I would typically place a long here. However, when btc chadded its way up from 6.8 to 8k without retesting it left a huge gap between the range. I am currently still holding onto a short from...

TradePod Updated 

Expected Wyckoff markdown of BTC did not play out (or as much as I thought it would. Expecting the next 48 hours to be key; IMO A break above 8800 would bring hope to consensus moon, but if it fails i'm expecting lower lows into the 7000s. Currently in with small long positions and will flip to short upon breakout below 8150; will add more as reversal becomes more...

TradePod Updated 

Since April 19th (and fairly apparent by the 11th) BTC is looking quite like a textbook example of Wyckoff distribution. The most recent pump after bottoming slightly at 8.2k seems like possible throwback, and will be adding more to my short from now till 8.7k. Will market eject at 8.9k. Coindesk Consensus is next week and so it this will either be a mega fomo...

TradePod Updated 

Eying retrace to 9200~9400 level to refuel longs; Bitcorn *should* remain in channel and will re-evaluate if it dies