Prodigy

Confident But Humble human being

[Prodigy @a_pr0digy]

Gonna focus on shorts next this week.

🙏In ideal world qvah + mvwap + pwvwap - Short.

if the bearish absorption would be too strong, then momentum.

[Prodigy @a_pr0digy]

@docXBT The monthly vwap gonna be clean as heck this month imma be straight up

[Prodigy @a_pr0digy]

@docXBT @SalsaTekila Since im not profitable yet i dont even mention that i mess with the market

[Prodigy @a_pr0digy]

@TraderMagus This shite bruv

[Prodigy @a_pr0digy]

@docXBT quick rephrase - on one of your videos on yt you had a angry thumbnail of your pfp figure, looks like askelad a lot.

[Prodigy @a_pr0digy]

@docXBT Well said. btw your pfp looks like askelad from vinland saga anime, just noticed lol.

[Prodigy @a_pr0digy]

@nellyeeee True bro, Warriors are made in war conditions, not in prosperous peaceful environment. The only way to truly learn the market is in chops and downtrends (because its psychicly harder to short than long). 👋🙏

[Prodigy @a_pr0digy]

@docXBT @nellyeeee i miss your streams bro✌

[Prodigy @a_pr0digy]

@docXBT Zverev is a scary mf

[Magus @TraderMagus]

Market Outlook

Been a while since I made one of these

Macro:

Core macro thesis

Q2 - bullish(Q2 trend ending now/soon)
Q3- bid dries up in risk assets; strong assets build out consolidation ranges, weaker assets pullback; I think BTC pulls back into 60s
Q4 - Fake out off open into strong uptrend

BTC pulls back June - August; Consolidates & compresses into September; Head fakes & rips Oct into Dec

Will have to make adjustments if Q4 isn't bullish

Medium Term:

Trend since the start of April shows clear signs of momentum loss; price feels heavy

If we see price trade up into 82-84k zone it's a clear hedge or swing short zone

If price accepts over 84k we could see 100k+ but I consider this very unlikely

If we see price trade down & consolidate between 74-71k expect 60s to come shortly after

Closing Thoughts:

This bear phase has crushed most everyone's optimistic view on the future; if you weren't long equites you have massively underperformed; But don't forget BTC is the most reflexive asset in the world, "All is takes is one green candle for everyone to believe again"

BTC is the largest holdings in my port with Equities as a close second

The ability to adapt is essential in markets & many crypto participants are stuck in their old ways waiting for 2018 or 2021 style alt runs; I don't see this coming anytime soon

I feel pretty confidently BTC will have a strong wave of out performance later this year or next

Goal moving forward is to defend drawdown in Q3 & then be set to print in Q4

If you enjoyed this post & want me to keep sharing press like/rt(No sponsor, writing purely for my love of CT)

Godspeed friends

[Prodigy @a_pr0digy]

The cme 1H trend.

[Prodigy @a_pr0digy]

Today's plans:

if we dont top here, itll look pretty nasty.

for bears: top here, reclaim 1H trend and continue down momentum.

for bulls: chad up, hold dvah + agressive buyer flows.

[Prodigy @a_pr0digy]

@nellyeeee Seems to me as well, if we respect 2sd dvah today then decent chance we continue down if not - then pw values it is👊

[Prodigy @a_pr0digy]

A lil dispersion between 1H Trend on CME and binance chart, i will not be scammed!🙅‍♂️

gonna cut if we get weak response at todays dvah and reenter short on the sweep + 1H trend high tag

[Prodigy @a_pr0digy]

In this short position rn.✌
qvwap should be a quick short term bounce, the true location for bulls to step in is yvwap.

[Prodigy @a_pr0digy]

Ended up being a loss, thats fine, we learn and move on.

[Prodigy @a_pr0digy]

Not the best executions today, was a a little
under-invested too, so jumped in again with bigger size.
We shortin.

[Prodigy @a_pr0digy]

@docXBT doc u gonna stream today i hope. its been a while brody. itll be fire to hear from you👋💎

[Prodigy @a_pr0digy]

@docXBT shi got bonked

[Prodigy @a_pr0digy]

A little mix up - SPX:

Broke 4h Dominant Trend.

For MTF context ill bring out vwaps -
quarterly vah (very respected) is the place to bottom for momentum to continue.

if we lose it, decent chance we rotate to qvwap + yvah