Elber80

Elber80

Crypto total market cap tested yesterday sma200. Sma200 hold as a resistance and maybe we will see a correction here. Exactly the same thing happened at Bitcoin.

Elber80

You can see ADA (1 hour chart) has made a 3wave upward move, that could be either 1-2-3 or a A-B-C. Furthermore, look at Williams %R indicator (1000 period), everytime it exceeds -20 value, we have a top. These are just my thoughts and not an investment advice.

Elber80

This is the weekly chart of Adobe, we can see that price is very close to SMA200. I would like to see it testing this support level, but i would also want a divergence at RVI and RSI. For now, none of the oscillators have a divergence at lows, but all 4 have a divergence at highs.

Elber80

US10Y yield very close to the descending trendline (weekly view). If the yield break the trendline, it will be bad news for stocks.