brpatel

brpatel Updated 

Once again, ETH 4 hour chart is showing multiple hidden bullish divergence occurences. This typically does not occur too quick on 4 hour chart. We should be looking at a bullish run upcoming soon. Disclaimer: This is a trade idea/observation and not advice to enter any position long or short. Please trade your own convictions and good fortune to all.

brpatel Updated 

This is a short term signal. TA on the 4 hour ETH chart indicates bear divergence. Please hedge your positions or adjust your risk exposure. It should be a bumpy ride downhill for the next 12 to 24 hours. Disclaimer: This is a trade idea and should not be misconstrued as advice to buy/sell into any position. Trade your own convictions and good fortune to you all.

brpatel Updated 

Attention on the 4H ETH chart. There is clear bullish price/rsi divergence as well as hidden price/obv divergence. The candles have closed and divergence is confirmable on 4H so I am bullish. Please decide your own play but I expect a reasonable uptrend from here. Disclaimer: This is a trading idea. I am not responsible for any decision on your part to take...

brpatel Updated 

I am now bearish on ETH. Expect some forceful beating coming. RED is on the way. As usual, this is a trade idea and not a recommendation to buy/sell or take up any position in the aforementioned securities. Disclaimer: This is not trading advice but I have sufficient reason to believe ETH is heading down in the next 24 hours. Please trade your own...

brpatel Updated 

Hidden bearish divergence on ETH 240 chart. The next 2 of 3 candles should be RED. You may want to consider taking precaution. FYI: This is a trading idea and not buy/sell advice. Combine with other indicators, analysis and strategies and as always trade your convictions and enjoy the ride.

brpatel

Bullish divergence forming on ETH 240 chart. Get your bear horns ready for a small bounce or steer clear of the bull. If nothing, you will be buying into a confluence zone. Take the next 12 hour action and decide your own entry/exit points. FYI: This is a trading idea. It is not an advice to buy or sell anything. Trade your own convictions and as always,...

brpatel

This one is on the ETH daily. The formation is slightly odd at the bottom but clearly looks like bullish divergence. Be ready for serious height. I do not have solid targets for you but I expect at least 20% to 30% gains this week.

brpatel

The price volume divergence is clearly indicating a bearish condition. Depending on your personal trading style, you may want to get out of the market. Additional details on price volume divergence can be found at the link below. www.rediff.com

brpatel Updated 

Are these valid indicators that there will be bullish action in the near future? Please comment.

brpatel

Notice the hourly RSI remained level but the price kept rising. This means there is not much more wiggle room for RSI. Expect ETHUSD to bleed for the next few hours. Lock in your gains! Disclaimer: This is a trading idea and not recommendation to buy or sell. Please trade based on your own convictions. If this idea helped save your bacon, please give a thumbs up.

brpatel Updated 

This is my first EW attempt. The chances are high that we will continue retracing to 523 followed by an upswing to 542 or 552 for the fifth wave. After that, it should significant roll downhill. Longer term, I am still short on this. Disclaimer: This is not trading advice but an idea. Trade based on your own convictions. If you like this content, please...

brpatel

Albeit several hours back, is this indicating bullish divergence or not? Does it indicate ETHUSD will move up? Tradingview gurus, please comment.

brpatel

Let strap on the seat belts. This ride should take us to Target 1 @ 485 and Target 2 at 471 which are the two fib levels of the second from left fib retracement. Hourly Stoch RSI, Daily Stoch RSI all show correction is in order if not a longer term downtrend. We will BREAK DOWNWARD before the apex is hit on the timeline. I believe it will be more likely in the...

brpatel Updated 

Simply put, volume is drying up on GDAX. There is no reason for ETHUSD to go up while GDAX has a 75,830 volume for the past 24 hours. Even the bots have been given stricter parameters by their owners. Notice the Stochastic RSI is alerting to a downtrend (%K crossing lower than %D line). Consider for a moment if we were going sideways. We would breakout of the...

brpatel

BTC has indeed put on a show within the past 48 hours. We notice the left fibonacci eye (bullish eye) derived by drawing fib circles from the bottom of the bull action to the peak. The right one (bearish one) is showing the bearish fib levels. As for the flag represented by the yellow trend lines, this indicates that we are consolidating in the flag. Breakout...

brpatel Updated 

Not a seasoned trader but, humility aside, I consider myself a programmer who could go head on with any task. Logic dictates that six oversold peaks in 15min chart window can only be exchanges trying to remain relevant. If crypto dies, they die. This ought to continue pumping till BTCUSD hits 9k. Thumbs up if you agree. Comments welcome. The usual disclaimer....

brpatel

I never saw any window with so many visits to RSI in overbought territory. ETHUSD is being manipulated by the exchanges to stay relevant. Thumbs up if you agree. Leave comment if not.