Market Overview:
On the 1H chart, NAS100 continues to move within an ascending channel, holding support at 23,804. EMA144 (23,631) remains the key dynamic support. The upside target is the upper channel boundary near 24,170.
Technical Signals & Patterns:
Ascending channel;
EMA144 as dynamic support;
Series of higher lows;
Steady hold above 23,804 level.
Key Levels:
Support: 23,804, 23,631
Resistance: 24,170
Scenario:
Primary: holding above 23,804 could lead to growth toward 24,170.
Alternative: a break below 23,804 and EMA144 may trigger a decline to 23,631.
On the 1H chart, NAS100 continues to move within an ascending channel, holding support at 23,804. EMA144 (23,631) remains the key dynamic support. The upside target is the upper channel boundary near 24,170.
Technical Signals & Patterns:
Ascending channel;
EMA144 as dynamic support;
Series of higher lows;
Steady hold above 23,804 level.
Key Levels:
Support: 23,804, 23,631
Resistance: 24,170
Scenario:
Primary: holding above 23,804 could lead to growth toward 24,170.
Alternative: a break below 23,804 and EMA144 may trigger a decline to 23,631.
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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.
Private group Denolla Finance Premium and get everything you need for confident trading: signals with entry points and targets, daily analysis of gold, cryptocurrencies and indices, and trader support. Join now: t.me/DenollaFinance
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.