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US NAS 100

NAS100USD Will Go Lower From Resistance! Sell! Here is our detailed technical review for NAS100USD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 20,274.5. Considering the today's price action, probabilities will be high to see a movement to 20,102.3. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:NAS100USDShort
by SignalProvider
1
Importance of the 20212.7-20357.0 section Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- There may be differences in the support and resistance points I mentioned in the previous idea due to changes in the indicator you are using. Please understand this. ------------------------------------------ Since indicators are expressed according to the movement of price or trading volume, it is not good to blindly trust indicators. However, if you look at the movement of the indicator, you can have time to decide how to respond in the future. In that sense, I think the StochRSI indicator is showing signs of creating a double bottom. In the meantime, if it enters the oversold zone, I think it is highly likely that it will lead to an additional decline. Therefore, if it falls from 20212.7, it is expected to fall to around 19823.6. Therefore, whether there is support around 20212.7-20357.0 is an important issue. The most important support and resistance area is around 19582.6. - Have a good time. Thank you. --------------------------------------------------
OANDA:NAS100USD
by readCrypto
NASDAQ - It's Not All Doom And Gloom...NASDAQ 2WEEK CHART Red EMA = Weekly 50EMA Blue EMA = Monthly 50EMA Nasdaq is on a steady incline but with all good things, it must end... kinda. Every so often we get a big correction. The last time we got a correction was in early 2022 where we saw a drop of 38%! After the corrective period ended, we saw a climb of over 100%. It is likely that we'll see a similar corrective period soon. We have the Weekly EMA holding up price, which has been respected really well. We can use that as confirmation to tell us when the corrective period has started. We also have the monthly EMA which we can use to gauge where we'll bounce off from. We could see another 30%-40% drop for the next correction, which will lead us nicely to the monthly EMA where we have seen a bounce previously. We're still expecting price to move a little higher so we'll be keeping a close eye on this. As to what will cause this correction is yet to be determined. Various fundamental factors can play a part such as War, Recession, Inflation etc. If interested in receiving updates for this analysis, do drop a comment and we'll be sure to keep this updated! Goodluck and as always, trade safe!
OANDA:NAS100USD
by WicktatorFX
3
NAS100USD shows volume up (↑)Trading is all about repeated patterns, and the most unlikely pattern are the one that goes against the trend. Either way it might just be a 50% chance of being right, but then once you're right, the chances of your trade to make a big move is even higher. Now the repeated pattern on this chart is determined by volume, it is recently showing repeated movements up with more volume up on each repeated move. The first line shows a potential pattern and the second white line shows the next point which a repeated move will go unless there's a reversal which are not showing at the moment.
OANDA:NAS100USDLong
by CyberFxTrader
1
Nasdaq Breakdown: Today’s Metrics and Analysis 18-OCT-2024Good morning, traders! As a seasoned price action trader, I'll share my Nasdaq insights to help you improve your trading skills. #Nasdaq #StockMarket #Trading #Investing #DayTrading #SwingTrading #TechnicalAnalysis #MarketAnalysis #FinancialNews #WallStreet #NasdaqToday #NasdaqAnalysis #NasdaqTrading #StockMarketNews #MarketTrends #InvestmentStrategies #FinancialMarkets #TradingTips #NasdaqForecast #MarketInsights #Nasdaq100 #TechStocks #GrowthStocks #IndexFunds #ETFs #StockMarketAnalysis #TradingStrategies #RiskManagement #InvestorEducation #FinancialLiteracy #EarningsSeason #FederalReserve #EconomicIndicators #MarketVolatility #GlobalMarkets
PEPPERSTONE:NAS100
by DrBtgar
NAS100USD Will Go Down! Short! Please, check our technical outlook for NAS100USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 20,224.4. Taking into consideration the structure & trend analysis, I believe that the market will reach 19,881.5 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
OANDA:NAS100USDShort
by SignalProvider
1
Dotcom Burst vs Tech Burst- i wanted to make this chart for long but i had to wait some confirmations, because i took an higher TF. - Right now is really interesting to compare the dot-com bubble burst in 2000 versus the actual situation. - like always i won't talk too much about FA because everything can happen in our world : - Aliens destroy us. - Putin push the red button. - Meteorite hits earth. - Jerome H. Powell printers no more electricity. - let's back to the chart and i will try to make it simple : - This chart is based on a 3 Months Timeframe, so 1 columns = 3 months. - This graph is based purely on MACD and his Death Cross ( i will call it "DC" to short it) The Dotcom Burst : 1/ in 2000, Nasdaq took a violent dip before MACD DC. ( 12 Months before ) ( Red Vertical Line ) 2/ after that MACD DC, Nasdaq continued his downtrend but the dip started to be lighter for 15 Months. (Orange Vertical Line) 3/ The Storm was over in 2002 and Nasdaq started a consolidation to prepare his next parabolic move. ( Green Vertical Line ) The Tech Burst : 1/ The real dip happened already 12 months from now (Before MACD DC). ( Red Vertical Line ) 2/ The MACD DC happened already 3+ months ago from now. ( Orange Vertical Line ) 3 / We are still in a downtrend and not yet entered a recovery phase. - What we can conclude is simple : - When MACD Death Cross. The big dip is already behind us. - Right now nothing is really different from 2000 in matter of TA, only the big numbers are different. - " Mastering trading is anticipating movements, following the flow in real time means you are already late ". Happy Tr4Ding ! PS : There's also something different in matter of time if u compare those charts. if you find it.. i will congratulate you !
NASDAQ:NDX
by thecryer
3
Next Volatility Period: Around November 4th Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- The next volatility period is around November 4th. At this time, the point to watch is in which direction it deviates from the range of (54.7K-56.1K) ~ (64.7K-66.6K). - This volatility period is about to end. We need to check if it can be supported around 62856.30. If it receives support near 62856.30, it will enter the box section of the HA-High indicator on the 1D chart, so it is expected to lead to an upward trend to break through the 64748.70-65920.71 section. Otherwise, if it falls, we should check whether there is support near 61099.25. In particular, if the price is maintained above 61759.99, it is expected to show an additional upward trend as it will maintain the state of M-Signal on the 1D chart > M-Signal on the 1W chart. In any case, in order for a full-fledged upward trend, a stepwise upward trend, to begin, the price must be maintained above 64748.70-65920.71. Since the BW indicator is expected to create a horizontal line at the lowest point (0), the point of observation is whether there is support at the BW line point that is created this time. - (Chart under test) (BTCUSDT.P 1D chart) This is a chart for use below 1D charts, but the trend of the 1D chart is important, so be sure to check it before starting a trade. The mandatory items in the BW+ indicator are BW 100, BW 0, and Mid (50). The High (80 Down), Low (20 UP) indicators are optional. The core interpretation method of the BW+ indicator is 1. Buy (LONG): Start trading at the BW 0 line and end trading at the BW 100 line. 2. Sell (SHORT): Start trading at the BW 100 line and end trading at the BW 0 line. 3. The Mid (50) line is the position conversion line. Therefore, since the current BW 100 line has been created, it is time to liquidate the long position entered at the BW 0 line. However, you can decide whether to completely close the transaction by selling 100% or to sell in parts and watch the situation. - Since the BW 100 line has been created, you can proceed with selling (SHORT) as the second key interpretation method. However, as I mentioned earlier, the trend of the 1D chart is important. Currently, the M-Signal indicator of the 1D chart has risen above the level and is showing signs of turning into an upward trend. Therefore, a short and quick response is required when entering a short (SHORT) position. This is because you will be trading against the trend of the 1D chart. - Since it is a futures transaction, you may think that you should trade on a low time frame chart, but that is not necessarily the case. The lower the time frame chart, the more frequent the fluctuations, making it difficult to maintain a position. Therefore, it is important to select an appropriate time frame chart according to the leverage and funds you have chosen. -------------------------------------- A gap down occurred in USDT. We need to check if the gap down occurs continuously. We need to check if USDC is maintained above 26.153B and if the gap downtrend stops. Although the coin market is trend-following, the volatility caused by the movement of funds has a great influence on forming a trend. Therefore, I think that chart analysis should not be done only with trends. ---------------------------------------- (NAS100USD 1D chart) BW line was created at 20287.1. Therefore, if it fails to rise above 20313.8, it is expected to fall. The important support and resistance area in the decline is around 19582.6. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The full-scale uptrend is expected to start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
The key is whether it can rise above 61K Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It was created using the Trend-Based Fib Extension tool based on the candlestick of the selected point used when drawing the parallel channel. Therefore, from a short-term trend perspective, you can see that the area around the right Fibonacci ratio 0.618 (59369.59) ~ 0.5 (60650.13) is an important support area. - Therefore, the key is whether it can maintain the price by rising above 61099.25 after October 11. If not, and it falls, it is possible that it will finally touch the M-Signal indicator on the 1M chart. Currently, the M-Signal indicator on the 1M chart is rising around 52K. The expected crossover area is expected to be around 56K (56150.01-56950.56). - (Chart under test) If the M-Signal on the 1W and 1D charts breaks through the convergence area (1), it is expected to create a new rising wave. If not, we need to check whether there is support in the area (2). - BW v1.0 indicator's BW is an indicator that comprehensively evaluates DMI, OBV, and MACD. The interpretation method is 1. The horizontal line created by touching the 100 point becomes the trading reference line. 2. When it falls below the 80 point, the high point section is displayed. 3. The position is switched around the 50 point. 4. When it rises above the 20 point, the low point section is displayed. 5. The horizontal line created by touching the 0 point becomes the trading reference line. 2, 3, 4. are likely to have volatility, so the corresponding lines are the sections that must be responded to. In other words, they correspond to the time when split trading is conducted. --------------------------------------- The point to watch is whether USDC can be maintained above 26.153B as the gap decline decreases. The important support and resistance area for USDC is 32.435B. If the selling volume of BTC confiscated by the US government decreases and USDT gaps up, I think the coin market is likely to show an upward trend. If not, it may not be able to digest the selling volume and lead to further decline. ---------------------------------------- (NAS100USD 1D chart) We need to check whether there is support near 20313.8. Since the StochRSI indicator has entered the overbought zone, even if it rises, it will eventually fall. At this time, the point of interest is whether it can receive support near 20313.8. The most important support zone at the current location is 19582.6. ---------------------------------------- The chart consisting of parallel channels and Fibonacci ratios is a chart for chart analysis. Therefore, if your trading strategy is not properly established when trading with the support and resistance points confirmed by the Fibonacci ratio, you need to be careful because the transaction may proceed in the wrong direction. Therefore, you must mark the support and resistance points on the 1M, 1W, and 1D charts. - The chart that has been used since the past is the chart that shows the support and resistance points drawn on the 1M, 1W, and 1D charts. I think the support and resistance points shown on this chart are the most accurate among the charts I am introducing. However, it is difficult to see because it is too complex a chart to use for publishing as an idea. - I am testing whether I can trade with the trend, momentum, and market strength by comprehensively evaluating MACD, DMI, and OBV. I am testing it for use on time frame charts below 1D charts. When using it on time frame charts below 1D charts, you can disable indicators corresponding to 2 and 4 and use it. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will start when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Support around 61099.25 is the key point Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It is showing a decline below the important section of 61099.25. Accordingly, it is important to see whether it can rise above 61099.25 and receive support. If not, and it falls below 60672.0, 1st: 59053.55 2nd: 56150.01-56950.56 We need to check whether there is support near the 1st and 2nd levels above. This volatility period is until October 11th. - (Chart under test) We are testing a new tradable chart by changing the existing DMI+OBV indicator to the BW indicator format. We will provide a detailed explanation after the test is completed. -------------------------------------- USDC is showing a short-term downtrend as a gap decline occurs. -------------------------------------- (NAS100USD 1D chart) It is supported near 19582.4 and then rose again to near 20313.8. We need to check whether there is support near 20313.8. (Chart under test) - Have a nice time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The expected range to touch in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
This volatility period is until October 11thHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) This volatility period is until October 11th. Therefore, after this volatility period, we need to check in which direction it deviates from the 61099.25-65920.71 range. Since it shows that funds are flowing in through USDT, if the price maintains above 61099.25, it is expected to lead to an attempt to break through the 64748.70-65920.71 range upward. If it falls below 61099.25, 1st: 58697.01 2nd: 56204.13 We need to check whether there is support near the 1st and 2nd above. ----------------------------------------- USDT is showing a gap up. USDC is showing a gap down. If we interpret this, we can interpret that there may be a short-term decline, but it will eventually rise. The reason is that USDT has a broader market than USDC. In other words, it means that USDT has a stronger influence on the coin market than USDC. ----------------------------------- (NAS100USD 1D chart) With this rise, the BW indicator seems to have touched the highest point (100). Therefore, when the candle is created tomorrow, we need to check the price position. The current key is whether it can rise above 20313.8. However, since the StochRSI indicator is currently located near the midpoint, there is a possibility of volatility. Accordingly, we need to check whether the price can be maintained above 19852.4. ------------------------------------ (IBIT 1D chart) We need to check whether the BTC spot ETF is supported near 35.40 and can rise above the 36.32-36.64 range. If it falls below 35.40, you should check for support near 34.18. If the price is maintained above the middle point of the parallel channel, I think it is likely to rise. -------------------------------------- (12M chart) To draw a parallel channel on a 12M chart, - There must be at least 2 bearish candles in an uptrend. - There must be at least 2 bullish candles in a downtrend. (1M chart) To draw a parallel channel on a chart where waves have formed, we use the StochRSI indicator that was used to draw the trend line. That is, we capture the trend by specifying the candle at the point where the StochRSI indicator entered the overbought or oversold section and formed a low or high point. And, the third point of the parallel channel is selected as the lowest or highest point of the wave. Parallel channels are a tool for analyzing charts, so you can't create a trading strategy with them alone. Therefore, you definitely need support and resistance points drawn on 1M, 1W, and 1D charts. (1D chart) The reference line for drawing a parallel channel is line 1. Therefore, I think that passing line 1 means that there is a possibility of a change in trend. Therefore, we need to see if the price can be maintained by rising above line 1. Line 2 is also a reference line, and if it passes this, there is a high possibility of a change in trend. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto