rmugavin

rmugavin

Dailys: XRP consolidating in a range, formed two LL's, now retesting the high of the range off an extremely bullish push. Huge CCI spike, Likely to see Bearish Divergence if we push up again and hit the zone. Supply zone, 6q.6 Fib of push down, EQ level 4H: 4H demand zone, Bearish Divergence. May have missed this trade, first entry would have hit over the...

rmugavin

ADA currently testing a daily supply level after a huge, 50% bullish push. The push has had little to no retracement, showing bearish Divergence. Good chance it'll cool off from here. The 3800 area provides a great spot to enter a long, as it's a likely spot for the bounce to come from. 50 fib. Daily EQ, 2 x 4H demand zones, and a strong 4H level all lie...

rmugavin Updated 

EURUSD is in a daily symmetrical triangle, CCI showing strong divergence, tanked from the top to the bottom without any recovery. Good chance we hunt the daily demand zone formed by the last push then bounce, orders placed to catch this move, R:R is PHAT

rmugavin

Thought's haven't really changed from last week. Huge Bearish div on CCI and ascending wedge on the 4H giving increased confidence in rejection from 50K area.

rmugavin Updated 

Weekly: MS still Bullish, bounced off 50 fibs, finally getting some momentum. Daily: Just broke out of our consolidating range. I'm hesitant to call it bullish though, for me we still haven't really retraced enough from the LL at 30k to call any of the consolidating highs a "LH". Still think a rejection from 50k makes the most sense. Could come here at...

rmugavin

LTC on the dailys had a huge spike up, formed a HH, then has bled back to a near 100% retracement with barely a recovery. I think we may form a huge Double bottom, or at least see some recovery come from the birth zone of the previous push up. CCI just had a large spike out on the dailys, good chance it'll form divergence if we come down again to form Entries...

rmugavin Updated 

Awww Shit, Here we go again. ETHBTC is still in the daily bullflag/descending wedge. Recently made a LH. Put in a bottom that I believe the higher probability is a small retracement on the continyed move down to hunt the bottom of the flag and demand zones for liquidity. s3.tradingview.com 4H: Broke the 61.8 of the recent push up. Formed a LL below any LH on...

rmugavin

BTC Weekly is still Bullish , MS HH's and possibly a HL just formed. Daily's. Bearish until break of 40k. 4H: Bullish if we get a close above 3700, there's still 2H till the close but I'd be very suprised to see a close that low. The recent move up has been very volatile, with barely a pullback. Suggesting in the short - mid term, Buyers may have regained...

rmugavin

BTC on the dailys is in a downtrend channel, possibly slight descending wedge. While I do beleive some correction to the upside is needed at some point, I don't expect it to come here, we just broke a daily and weekyl support level, but haven't swept the lows of the previous wicks, so I don't think it was a liquidity grab before a move up. This makes me think...

rmugavin Updated 

Still no sign of buyers anywhere. Came down and tested the 4H demand, hunted the 1H demand within it and barely had a buyback. Shorts placed in case we don't have some recovery up to the supply zone, with the lack of buyers I doub't we'll crack that, much more likely to reject and head for the 20XXX's. May not even get the bounce to the zone, it's eaten most of...

04:42

rmugavin

Git Gud

rmugavin Updated 

Taken on Bitmex. New contract, low liquidity and poor price data. ETHBTC has recently entered a Daily downtrend. 4H has formed a LL and recovered well with a double bottom, however I'm expecting this to be merely a retracement before the move down is continued. Therefore looking to open a short. This level is the supply zone that the new LL was formed out of,...

rmugavin

Dailys: LTC is ranging, recently formed a HH but then formed a LL, LH, LL. I think next logical progression is LH then back down to retest previous support at the weekly supply zone. s3.tradingview.com 4H: Daily, 4H supply zones line up well with 50 fib and 4H EQ level. We're possibly seeing the formation of a bear flag that'll head up before getting rejected...

rmugavin Updated 

LTC has recently broken a significant weekly level, formed a HH and is now retracing. Weekly level lines up beautifully with 4H demand zone. 50 fib or 38 depending on where you start the recent push. Feel a bit funny about it, not sure if it's how far from the trend it is, due for a retracement, morning star on the dailys, mucking around with fibs to see what...

rmugavin

LTC in a solid uptrend. Daily just formed a HH now retracing 4H two demand zones line up with fibs of both weekly and 4H push, as well as with the trendline coming up to meet them. Expect to see strong buying pressure through here and a possible bounce and run to the next weekly zone. Already had a similar idea here But just updating based on new structure...

rmugavin Updated 

Daily: BTC formed it's first LL since the March crash last year. 4h: BTC forming an ascending wedge after a huge drop. Higher probability of this playing out as a bear flag. Momentum on upward pushes is dropping. Supply zone above lines up really well with 78 fib. Strong 4H resistance we recently rejected off also in between. Good chance we don't get back up...

rmugavin Updated 

ADA recently had a huge pump, and has since dribbled down on a solid dump without a pullback over the two or three weeks since the peak. Price is now approaching a strong Daily Level Equilibrium, which lines up beautifully with the 50 Fib of the Higher timeframe move Below this we have two Daily Demand zones, the lower lining up with the 61.8. The trendline...

rmugavin

ADA recently had a huge pump, and has since dribbled down on a solid dump without a pullback over the two or three weeks since the peak. Price is now approaching a strong Daily Level Equilibrium, which lines up beautifully with the 50 Fib of the Higher timeframe move Below this we have two Daily Demand zones, the lower lining up with the 61.8. The trendline...