infbp22

infbp22

Hello everyone! Been feeling better about ETH lately. It's been finding very strong support/bounces off this ascending purple line. It has been in a large descending wedge and has broken out with this line as support. I expect it to go the length of the wedge height. This would be a 2-3 month swing trade and I would target close to $700 USD or over 50% if entering...

infbp22

So, After that little discussion on my last chart, I decided to look a little harder for clues. What the heck, we may have a bounce zone coming up. Lets see what happens when it hits. You never know!

infbp22

VEN was anticipated to be one of the biggest coins this month, but quite the opposite happened. Along with some FUD, fro ma TA aspect this double top could put it into the ground. I find this highly unlikely with this coin though. Do not try and catch a falling knife, WAIT for reversal confirmation, especially with the possibility of a BTC pull back coming. When...

infbp22

Good evening! A while ago I posted a chart stating I thought the Inverse Head and shoulder pattern is likely to fail. Well, I think I MAY have been wrong! That massive green candle is getting us closer to validation and the target. There has been some talk about an even larger one in play so I took a look. From what I see, it is definitely valid so far. If we...

infbp22

I'm getting more and more bullish on BTC by the minute. Not sure if we will retrace much further. It's only the 30 minute chart, keep in mind that higher time frames carry much more weight. I started my long ladder at the orange line.

infbp22

Well, that was quite the candle this morning. We need retrace, in fact we're screaming for it, but when and how far will it go? My bullish prediction is that we will retrace somewhere into the red box. Full completion of the ascending triangle and inverse head and shoulders (even if we retrace a bit) collectively end up in the 7950-8050 range. Use extreme caution...

infbp22 Updated 

Technically we are in the no trade zone, but I think I will attempt a scalp on ETH. I tend to scalp ETH based on the Bitcoin chart, as it follows accordingly, but with greater % of travel. Here is my current set-up.

infbp22 Updated 

Here's the ETC short I'm currently in. A push through the pivot then bounce off = bullish and I will possibly close

infbp22 Updated 

BNB is a swing trade I just opened. great entere price in my opinion, even if it goes lower. planing to hold this one for the rest of the year at least. We're bouncing off the 618 fib of the last movement!

infbp22 Updated 

Feeling bearish again in the short term. Why? 4 Hr chart: -Hidden Bearish Divergence -Trendline providing heavy resistance (repeated rejections) -Hanging man candle followed by a small shooting star in the works. We may be dropping down to test the S2 pivot and .786 Fib at the bottom of the golden pocket. Still could have a bullish bounce there, but if we fall...

infbp22

As expected, we had a little bit of a boost but it was was harshly rejected and price was sent down to its current level. We will need to see some bulls show up to the party or we may be in for a long ride. Pivots are very relevant right night. We need to push through this blue pivot in order to enter bullish territory. I'd really like to see a close above the...

infbp22

One more update. Looks like this Lead line on the 30 minute cloud is actually quite relevant. We may just "Bart head" down from here without any sort of boost.

infbp22 Updated 

Good morning all, I'm guessing we may see some price action soon here as we come out of the 30 minute cloud. I'm posting a small lesson on MACD to show one confluent reason why I think BTC will jump to 6300-6400 (6540 MAX) then get rejected. My guess is that the IHS will still fail and possibly result in quite a dip in price. If this occurs, at some point we will...

infbp22

Hi everyone. As expected, we had some price action near the apex of the wedge and price headed down. We have found pretty decent support here and I think we are due for a leg up. Again, I do not think this IHS will play out even though it honestly looks pretty good. It doesnt matter how it looks if volume isnt there to support it through! I opened a long that you...

infbp22

My coin of the day is REP (augur.) Buying in simply based on previous patterns/price action. MACD and RSI are less than desirable but oh well. Volume/Price action look decent enough to bring it near the top of the channel again. My target is more conservative than that, as you can see.

infbp22

Good evening everyone. Update on BTC. I still feel the IHS pattern will fail. See how the volume has gone down drastically. This may be normal consolidation, but a massive amount of volume WITH FOLLOW THROUGH (not just one candle) will be needed for the formidable resistance above, and to complete and validate the right shoulder. So far, the bulls have not shown...

infbp22

Please see, read, and like it if you like it :)

infbp22

Hi everyone, Update on ONT. We've entered the trade at the green box posted up last week. Its still a tad early in my opinion. Better confirmation would be seeing this daily candle close as a bullish spinning top or hammer for a reversal, which looks like it may be doing right now. I would also like to see some upticking on the MACD histogram followed by a nice...