readCrypto

Significance of the 12896.2-13231.6 section

readCrypto Mod Updated   
OANDA:NAS100USD   US Nas 100
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(NAS100USD chart)
Looking at the 1W chart, the 4th week showed sideways movement in the range of 12896.2-13418.8.

The key is whether this week, the fifth week, can continue sideways.

If not, you need to make sure it is supported on the 12716.0-12896.2 range, which is the 1st segment indicated on the 1D chart.


Looking at the 1M chart, the HA-Low indicator is formed at 13480.9.

Therefore, it needs to rise above 13480.9 to continue the uptrend on a long-term basis.


Looking at the 1W chart, the HA-High indicator is formed at 12497.5.

Therefore, it can be seen that it is maintaining an upward trend from a mid- to long-term perspective.


Looking at the 1D chart, the HA-High indicator is formed at 12946.5.

So, if it finds support around 12946.5, it is expected to rise above 13231.6.

If you fall below the HA-High indicator and receive resistance, you should basically think of falling around the HA-Low indicator and think about countermeasures.

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(SPX500USD chart)
The key is whether it can be supported around 4116.0-4123.5 and rise above 4169.6.

If not, you need to make sure it is supported around 4045.2.


Looking at the 1W chart, point 4116.0 is the section where the volume profile section is formed.

Therefore, being supported in the 4116.0-4169.6 section means that you can create a new wave.

However, it means that the resistance is strong, so it is good to check the upward breakout.

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(DXY chart)
- It broke out of the rising channel of the 1M chart.
- The key is whether it can fall along the 1W chart's downtrend channel.
- The key is whether it can fall below 101.494 on the 1D chart.

In order for the investment market to be active, I think it should show sideways in the 98.244-101.494 section.

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** 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.

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Comment:
(NAS100USD chart)
It failed to break through the volume pfofile section formed in the 12896.2-13418.8 section and is trying to fall.

The key is whether you can rise with support in section 1, section 12716.0-12896.2.

If not, you should check for support around 12497.5.

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(SPX500USD chart)
Across the 3984.7-4045.2 section, the M-Signal indicator on the 1W and 1M charts and the HA-Low indicator on the 1D chart are passing by.

Therefore, it is important to be able to climb with support in this section.

It is necessary to check whether the volume profile section formed in the 4116.0-4169.6 section can be broken upward.

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(DXY chart)
I think the chart that can be used as an index chart of the stock market for the coin market is the DXY chart.

I don't think the DXY plunge is actually a good thing.

However, if it shows a sideways trend in the 98.244-101.494 section with a continued downtrend, I think the investment market is likely to be revitalized.

Therefore, the key is whether the price can continue its decline along the currently formed downtrend channel.

[Example of exchange chart setup]

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

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