infbp22

infbp22 Updated 

Still in a pennant. Since we closed below the pivot I think a double bottom is actually more likely around 9600 from the beginning of July. If the pennant or double bottom are successful, I'm expecting a test at the R1 pivot or around 18k. Wait for confirmation of breaking upwards OR downwards, this is where people get liquated all night long.

infbp22

ETH dropped out of the very bullish movement/channel it was in, but it still on an uptrend. I've zoomed out to the weekly for now and really want to see this cup and handle develop still. Bullish divergence will be invalidated if we drop below the last low of 226. The cup and handle will be invalidated if the handle retraces 50%+ below the height of the...

infbp22

As you can see on the ETH chart, it wet the bed a bit yesterday and fell out the very bullish upward climb. I forgot to mention that I always use BTC to help determine my ETH trades, because they tend to ride hand in hand. As you can see, regardless of the big drop, We're still sitting nicely in a channel, near the golden FIB pocket, and still sticking to those...

infbp22

ETH stayed strong above the red support line, and as a result/prediction, it popped above the daily pivot again. If I were day trading, I would have taken my 12% profit already. On a swing I still have my sights set on about $360, which should yeild a 27% gain.

infbp22

This appears to be a decent entry point for those looking to get into the ETH market. We're bouncing off the golden pocket of the FIB retracement, bottom of channel, etc. If we pop above that pivot, I believe we're headed to test the read resistance box and R1 pivot again. If I were day/swing trading, I would enter here and take profits at $360. I don't trade BTC...

infbp22

Some of the most useful and overlooked indicators are: 1) Volume: There was a massive green volume candle. And when I say massive, I mean the biggest one Ripple has ever seen, even greater than when it saw a 1300% increase. In general, volume proceeds price. 2) RSI and divergence. We can see some healthy bullish divergence that has developed 3D chart. If BTC...

infbp22

ABBV took a sharp dip with the recent news, but at the end of the day, they will just grow bigger. From a technicial analysis stand point, ABBV remains ina decending wedge, even with the sharp decline in price. Lower risk entry would be confirmed brakeout above the wedge. I may be interested in a swing trade between the .786 and .382 fibs. This could potentially...

infbp22 Updated 

VOD showing nice bullish divergence on the Monthly chart. TD sequential on the Monthly chart is at a 9 as well. Additionally, we are very near a nice support zone. If it breaks the support I will sell. My entry is at the ORANGE line. 100%+ gain potential!!!

infbp22 Updated 

Hello all. As you can see I've been all about the low risk, simple swing trades these days! I believe if PFE hits the first green zone and stays in the channel, this should be a simple trade within the channel. I believe it may hit at least it's previous high, putting this swing at 30% profit if executed properly. This would be a good one to just do a partial...

infbp22 Updated 

BABA has been correcting for some time after it's nice surge. Never mind the trade wars, it's showing healthy correction and possible continuation. We have confluence near this point with the bottom of the channel, major .618 (golden pocket) FIB point. Some signs of possible movement upward are: bullish divergence on the 3D chart, TD sequential at 9 on the...

infbp22

Hello, Looking to go long on ETHUSD here soon. I'd like to see a formation of a tweezer bottom on the 4hr (still developing) to confirm reversal. Descending Broadening Wedges have a very high success rate. If it completes, it would put a long on a great position for a trailing stop and possible long swing trade for some great profits. Looking good so far on the...

infbp22

Hi everyone. Long time no chart! Take a look at my pipe dream here. Read the foot notes and let me know your thoughts.

infbp22

Hello everyone! It's been a while, been extremely busy! Here is my outlook on the 3D chart. We are in a huge descending triangle. HOWEVER, the closer we get to the apex, the more it converts to bullish potential as opposed to a bearish pattern. When patterns reach or exceed their apex, you can generally consider them invalidated. My guess its that we bounce a...

infbp22 Updated 

Hello everyone, Interesting to see shorts continuing to rise. To me, these are emotional shorts and very likely to get REKT. Anything is possible, and we may have more downward movement, but in my opinion, it makes no sense to short here. -We are bouncing off RSI support on the daily. Even if it falls through, that will create bullish divergence on the daily....

infbp22 Updated 

Hi everyone. ETC/BTC (ETC/XBT) has been pumping quite nicely these past couple of days. We are reaching a pretty strong confluence of resistance however, and I plan to attempt a short near the purple descending line. Some confluence to consider: -Fib line -Top of the daily cloud -Descending resistance trend line -Daily pivot Resistance 1 -Descending resistance on...

infbp22

The price ended up retracing to the light blue ray I had from the last chart. Chances are we may dip below it temporarily, in this channel, could be anywhere from 7100-6800 (wide range i know) until we bounce out. If we can make it back up through those two trend lines, I'll be aiming for the top of the large yellow channel, around 8050-8150ish. Could go either...

infbp22

Hi everyone! I've entered a long on BTC. I believe there is definitely a possibility of another leg down, but I dont want to miss the train and dont have much time tomorrow to watch it. We are approaching a major intersection here, especially the light blue ray i threw out a couple weeks ago. We are hoping that, and the previous trend resistance will act as...

infbp22 Updated 

Hello everyone. I'm considering a short just under 7700, maybe start laddering in around 7650ish. Too much confluence if resistance in my opinion. Approaching the top of the daily cloud, approaching daily 200 EMA, At pivot R1, ascending resistance ray, volume declining, momentum oscillators losing steam, TD sequential at 7. Also, RSI hasn't made it into oversold...