readCrypto

Support zone: 16319.8-16579.4

OANDA:NAS100USD   US Nas 100
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(DXY chart)
DXY gapped above 102.089.

A rise in DXY may indicate stagnation or decline in the investment market, or a transition to a recession.

Accordingly, it is expected that the investment market will rise and become active only when it falls and remains below the 102.089-106.416 range.

If it rises above 105.873-106.416, caution is needed as there is a possibility that the investment market may turn into a recession.

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(NAS100USD chart)

(1M charts)
In order to turn into a downtrend from a long-term perspective, it must fall below 15090.3.


(1W chart)
The HA-High indicator appears to be forming at the 16123.5 point.

Accordingly, the key is whether it can be maintained above 15978.3-16123.5.


(1D chart)
As it fell below the MS-Signal indicator, it turned into a short-term downtrend.

Accordingly, the key is whether it can receive support and rise in the 16319.8-16579.4 range.

If not, it is expected to touch the M-Signal indicator on the 1W chart or around 15978.3.


If the decline continues, the HA-Low indicator will rise.

At that time, it is important to be supported by the HA-Low indicator and whether it can rise.

If not, there is a possibility of a cascading decline that continues to renew lows.


Have a good time.
thank you

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.


#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.


If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

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

** This chart was created using my know-how.

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[Example of exchange chart setup]

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

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