readCrypto

IXIC (NASDAQ) - January 28

readCrypto Mod Updated   
TVC:IXIC   US Composite Index
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(1M chart)
It followed the uptrend line that started in March 2009 and then surged in March 2020.

in 1M chart
Resistance section: around 14448.58
Support section: around the 11167.50 point

Roughly, if you do not find support in the 12700-13600 range, there is a possibility that it will fall near the 11167.50 point, so you need to trade cautiously.


(1W chart)
It turned into an uptrend in December 2018 and March 2020, touching the uptrend line.

At this time, if you look at the movement of the CCI-RC index in the wRSI_SR index, you can roughly predict the current index movement.

In the CCI-RC indicator, it can be seen that there is a high probability that the trend will change when the CCI line touches the 0 point.

On the 1W chart
Resistance section: around 14448.58
Support section: near the 12998.50 point


(1D chart)
(All: www.tradingview.com/x/DOBYCBgS/)
in 1D chart
Resistance section: around 14448.58
Support section: 12998.50-13429.98

If you check the entire chart, you can see that the CC line is located in an important section of the current CCI-RC indicator.

Therefore, it is important to be able to receive support in the support zone.


If it declines from the support zone, it is expected to find primary support at the 12339.0 point.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Comment:
Flows from short-term flows to mid-to-long-term flows are listed.

(1W chart)


(1D chart)
(Full: www.tradingview.com/x/8UfDCbbl/)
You should check for movement outside the 13429.98-14448.58 section.

A move above the 14448.58 point is expected to find resistance near the 15080.86 point.


If resistance is found at the 14448.58 point, it is likely to move towards the 13429.98 point.

However, if the price is maintained above the M-Signal line of the 1M chart, it is expected that the movement will continue to rise above the 14448.58 point.


(1h chart)
Notice the movement in the 14274.99-14448.58 section.
Comment:
(IXIC (NASDAQ) 1D chart)
It is important to be supported above the 13770.57 point.
Comment:
(IXIC 15m chart)
14088.89 point: the boundary point between rising and falling
Resistance section: 14379.15-14448.58
Support section: 12998.50-13429.98


The trend is expected to continue in the direction out of the 13959.39-14189.51 section.

However, in view of the overall flow, the downward pressure is thought to be stronger, so it is expected to receive resistance in the section 14379.15-14448.58.

It is the 12998.50-13429.98 section, and as you get closer to this section, you need to check whether there is a sharp movement.

If there is a sharp move, it is likely to find support in the 12998.50-13429.98 section.

[Example of exchange chart setup]

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www.tradingview.com/x/S94aDxa8

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www.tradingview.com/x/DF6cGh3G/
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