nmholtgraves

nmholtgraves Updated 

Good Evening! This is an analysis of COINBASE:BTCUSD . We're using a four hour chart, 50 EMA, 200 EMA, Fib Channel, MACD, Andrew's Pitchfork, trend-lines, H&S Patterns, and just a couple of flags ;) Let's back up to late-January where we started to form the first shoulder in the inverse H&S pattern. We finished that in early-March. Keep this in the back of...

nmholtgraves Updated 

Good Afternoon! This is an educational analysis on COINBASE:BTCUSD . This has been a long term, working analysis with much of the existing forecasts already proven true thus far. Let's start with the trend lines: The red sets represent the downtrend of late; the dark lines are our support/resistance and the light red is out trend line. For me to turn short-term...

nmholtgraves

Good Evening! This is a brief analysis for EEM -0.31% using a 4 hour chart! Keeping it simple, we're sitting nicely in the middle of our traditional long term support and resistance. The light-green trend-line verifies that. I used an Andrew's pitchfork created with the high of 2011 and low of 2016. It's a nice long term trend analysis. We're retesting the...

nmholtgraves

Good Evening! This is a brief analysis for EEM ! Keeping it simple, we're sitting nicely in the middle of our long term support and resistance. The trend-line verifies that. It's been a little shaky coming off our high in mid-January, but the bulls are back at it and hey they even made a flag. :) I'll give it 10 days at the verrrrry most for us to hit breakout at...

nmholtgraves

Gooood Afternoon! This is a trend analysis for BTC ! lots going on so let's get into it. We are using a 4 hour chart with and RSI, 50 EMA (red) and 200 EMA (green). Two trend line sets are above in orange and purple. The purple trend set is a little more long term encompassing the past two months or so while the orange trend captures the most recent 30 days. A...

nmholtgraves

A classic bearish diamond formation has been completed on a 1 min chart for BTC . This diamond formed at the top of an uptrend signalling a shortfall with relative assurance. The 50 EMA also crossed down over the 200 EMA also signalling a shortfall.

nmholtgraves Updated 

Good Afternoon! This is a trend analysis for Bitcoin! BTC . Using a four hour chart we can see the development of the left shoulder and head. The neckline created is steep and should the pattern breakout we can likely expect a sharp price drop. Looking at the MACD we can see the significant selloff since 2/20/18 represented by the heavy downward volume. You can...