readCrypto

Concentration of funds into the investment market is expected

readCrypto Mod Updated   
TVC:DXY   U.S. Dollar Index
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(NAS100USD chart)
It is showing a rise above the 12896.2-13418.8 section, which is the volume profile section of the 1W chart.

Therefore, if it rises above 13418.8 or rises above the 13231.6-13480.9 section on the 1D chart and shows support, it is expected to show a sharp rise.


If not, you need to make sure it is supported around 12716.0-12896.2.

-------------------------------------------------

(SPX500USD chart)
You need to follow the rising channel to see if you can maintain the bullish trend.

Looking at the 1M chart, it shows an upward movement along the lower uptrend line.

As such, it is expected to remain in an uptrend as long as it does not fall below this uptrend line.

-----------------------------------------

(DXY chart)
If it shows sideways in the 98.244-101.494 section, the investment market is expected to be active.

Therefore, it is necessary to follow the downtrend and see if the downtrend can be maintained until around June 6th.


The investment market is not just the stock market.

Therefore, as funds are concentrated in any investment product, there is a possibility that it will lead to a sharp rise.

I think this concentration of funds is an abnormal phenomenon.

However, many funds are stagnant in an environment where it is difficult to invest in the actual economy, so if a concentration of funds occurs in these investment markets, it is expected that actual economic investment will eventually be gradually activated.


In that sense, we should pay attention to USDT's fund concentration phenomenon.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

---------------------------------
Comment:
(DXY chart)
Many experts say that the economic crisis will come in the future.

There is also a possibility that this economic crisis will affect the flow of the investment market.

However, if a real economic crisis or economic downturn proceeds, a lot of money will be stagnant.

Such stagnant funds will cause a phenomenon to be concentrated in a certain investment market or investment product.

This concentration can be seen as an abnormal phenomenon, but it is expected to provide important opportunities that will eventually lead to investment in new investment markets and investment products.

So, there is no need to trade in a hurry.

This is because it is not too late to confirm the turning point and proceed with the transaction.


We just have to wait and see which investment market and investment product will become the concentration of funds.
Comment:
(DXY chart)
With the volatility around May 11 (May 10-12), the question is whether the downtrend can be maintained.



(NAS100USD chart)
The key is whether it can rise above the 12896.2-13418.8 section, which is the volume profile section shown on the 1W chart.

Therefore, you should check if you can find support by rising above 13231.6-13480.9 on the 1D chart.

If it rises above 13480.9 and finds support, I would expect a sharp uptrend.



(SPX500USD chart)
The question is whether it can maintain its uptrend along the 1M chart's uptrend line.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.