rmugavin

rmugavin

EOS has just busted out of it's long term downtrend. Looking at it's BTC chart on Binance, we can see it formed a descending wedge into a demand zone, which has since broken with a strong Impulse move to the upside. Market Structure has gone from Bearish to Bullish, and now is a perfect time to place entries in anticipation of picking the first Higher Low of the...

rmugavin

EOS has just broken out of it's falling wedge after hitting a liquidity zone. It's slow to get moving, and I beleive it will come back to retest that Demand Zone it's created, before moving upwards.

rmugavin

BTC is currently moving upwards towards a solid supply zone. I've laddered in entries and will wait and see what happens.

rmugavin

Strategy for taking advantage of a potential short term LTC reversal

rmugavin

BTC

rmugavin

Had TP at 20%. Trendline broken, but bearish engulfing pushed back through. WWas waiting to move TP up again and saw it spike. Placed SL below previous resistance for 32%

rmugavin

Down

rmugavin

LTC pushed through resistance, came back down to retest and has run along it, waiting for a push.

rmugavin

ETH had a massive spike upwards from it's channel, expecting a retrace before a possible run begins.

rmugavin

XBT hit the top of the trend channel and formed an indecisive candle

rmugavin Updated 

ETH has been trending in this nice little channel for a while, last candle has a long wick out of the channel, before buyers pushed price back up for it to close above the support line.

rmugavin

EOS is in a huge channel, with preice at the top. A big upside spike on the CCI, and the MACD forming a bearish crossover, mean there's a higher chance of price falling then pushing out to the upside of the channel.

rmugavin

XBT had a big push through resistance, expecting a retrace to form new support at 50 Fib.

rmugavin

Stellar is approaching strong support, with the bearish trendline high above and bearish divergence forming on the CCI. I've placed an order just above support which, if filled, gives an 8.33 RRR with a tight stop loss. A good ratio in the hope for a spike up to the trendline.

rmugavin Updated 

POWR is sitting on support after a big bounce then return. MACD is forming a bullish crossover. RRR is good.

rmugavin

Staggered in some shorts on EOS in an attempt to short as it comes out of the supply zone in the channel it's built.

rmugavin

BCH Has been filling sell orders in the supply zone, breaking out below the short term bullish trend with a recent big wick up to the long term bearish trendline.

rmugavin

LTC has formed a double top against resistance, and has formed bearish divergence on the CCI