razuman

razuman

BNB has lost the daily trendline and is trying to rally back up onto it. It's a heavy resistance zone, as was previous support.

razuman

BTC will test the 20 W EMA, and in the process all alts will correct deeply.

razuman

Week of downside for BTC causing alts to flush out. I think there is significant downside in the next few days.

razuman

After breaking the upper trendline, a major correction was in order. Lower trendline caught and bounced. Are we done? The lower trendline needs to be tested, if it doesn't hold 50 MA and EMA are close and should offer potential support. With a fundamental change in the market, moving away from growth toward value, I'm not a fan atm. Happy trading!

razuman

A lot of noise about this online, thought a technical view would be interesting. So, the uptrend was like a 🚀. The same rising trendline couldn't stop the fall, and maybe just slowed it down, if at all. Now for the good part. The descending trendline was broken, with a very mild bounce from the 73.6 fib level. There is a chance this is the bottom. That broken...

razuman

Hi Folks! Keeping it simple, with trendlines on the daily there is a crucial moment for Cu prices. There was a beautiful trendline formed since the 4th of Feb, which created some vertical motion. If looking on the daily timeframe the trendline is currently being tested, and although has been pierced, still holding. If it doesn't hold in the next few days, there...

razuman

This is one to watch, as it's in a multi year downward spiral, and has reached all time lows. If the downward trendline can be broken, there could be a reversal. but more fundamental research is needed to see what kind of state the finances are at. In 2018 the first profit in years has been recorded, but criticism persists about management and many other issues....

razuman

On the daily chart there's a massive triangle formation that will resolve in the next days. It can go both ways, and if it goes down the damage could be significant as there is nothing below - no support. This would break the all time low trendline formed from the Aug 18 lows, and revisited several times. So if XRP goes under, things could get ugly. On the other...

razuman

This is a look at the S&P 500 on the weekly chart. So things are not happening very quickly here, there is no rush, but when they do it can be quite dramatic. The movements of this chart have wide ranging effects on the World economy. And in the last decade the World economy has been growing at an impressive pace, and all the stock markets around the World have...

razuman

We can see on the weekly chart that price is being squeezed between the 200 week MA and EMA. If it fails to break above the 200 week EMA, it will most probably bounce down to the 200 week MA and go for another try. The bears are tired, but the bulls don't seem very eager either. This could take a while - but it's possible the market is bottoming, and the perfect...

razuman

Since August '18 GVC has taken a beating. This is due to many reasons, most notable some legislation changes in the UK which will affect the profits from slot machines. GVC has responded with a restructuring plan that should take it back into profitability. Also there is a partnership in the US due to legislation changes that will allow betting in the US. This...

razuman

SPX is getting to a crucial point, where it needs to overcome some very heavy resistance. The 50 MA has been very reactionary, and the decreasing black trendline could prove to be a significant challenge. The SPX has been very successful in the last 10 years, due to QE programs and a booming World economy. At the moment things are not so peachy, with the trade war...

razuman

Gold has broken above the black trendline and has held as support in the last days. Prediction is it will test again which should trigger the buy. Profit should be taken at major resistance at 1365 USD. Stop is at 1279 USD.

razuman

Looking at the daily chart we can see there is no significant trading volume in stellar at this time - this is an overall bad sign. Also the death cross is uppon Stellar as is happening with many other cryptos (possibly will not have a huge impact), but I´d like to see some support on the 200 MA before commiting to a trade. Recently the 200 day MA has been...