US NAS 100
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!
NAS100USD / UNDER UPWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The price is attempting to re-enter a supply zone between 20,356 and 20,209. A supply zone is a price range where selling pressure may increase, potentially driving the price down.
If the price breaks below this supply zone, it is expected to move toward a demand zone between 19,883 and 19,727. A demand zone is a range where buying pressure might increase, supporting the price and potentially causing it to rise.
If the price closes a 4-hour candle either inside the supply zone or demand zone, it suggests increased momentum in that direction
If prices close in the demand zone and then recover, there is a potential to move upward toward the next supply zone, between 20,607 and 20,796.
Supply Zone : 20,607 and 20,796.
Demand Zone : 19,883 and 19,727.
Nasdaq looks to close the gap with its Wall Street peersThe Dow and S&P 500 extended their record highs on Monday, and the Nasdaq futures looks eager to jump out the gate during Asian trade and close the gap. And with asset managers increasing bullish bets on the tech-focused market, perhaps it can make a record high of its own.
MS
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 !
Next Volatility Period: Around November 4th
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Please click "Boost" as well.
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-------------------------------------
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
-----------------
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
-----------------
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
-----------------
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
-----------------
Nasdaq Thoughts 08-Oct-2024Good morning all, Kindly see my Nasdaq thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NAS100USD / UNDER DOWNWARD PRESSURE / 1HNAS100USD / 1H TIME FRAME
HELLO TRADERS
Price Range Observation , The asset is currently moving within a tight range between 19.908 and 19.651. This range suggests a short-term consolidation or indecision in the market, where neither buyers nor sellers are dominant.
Tight trading ranges often precede a breakout, either upwards or downwards, depending on key factors like volume, momentum, and news.
Attempt to Enter the Fair Value Gap (FVG) ,The price is attempting to move into the Fair Value Gap (FVG), a region between 19.910 and 20.078. This area represents an imbalance created by previous fast price action, typically due to market inefficiencies, and traders often look for price to revisit these gaps to either confirm a reversal or fill the gap.
As long as the price trades below 19.998 within this FVG, there’s a tendency to decline. This indicates that 19.998 acts as an important resistance.
Traders may look for short positions if the price remains below this level, anticipating a potential drop.
Potential Decline to Demand Zone , If the price remains under the key resistance level of 19.998, the analysis suggests a downward move toward the demand zone between 19.743 and 19.701 , This demand zone is likely an area where buyers previously showed strength, and there’s a chance that it could serve as a support level again. If buyers step in here, the price may stabilize or rebound.
Bullish Breakout Scenario . If the price breaks above 19.998 and closes a 4-hour candle above this level, it indicates the possibility of a bullish breakout. The break above resistance signifies a potential shift in momentum.
The next target would be the supply zone between 20.078 and 20.155, which is where sellers may start to exert pressure. Traders might expect profit-taking or a reversal in this area.
Overall Sentiment , Downward Pressure: The overall sentiment remains bearish, and the market is facing downward pressure unless the price successfully breaks above key resistance levels.
Caution for Bullish Traders , Bullish traders need to wait for clear confirmation of a breakout above 19.998 before entering long positions to avoid false signals.
Supply Zone : 20,078 and 20,155
Demand Zone : 19,743 and 19,701
FVG : 19,910 , 20,078
New wave start section: 61099.25-65920.71
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
-------------------------------------
USDT is sideways, and USDC is showing a slight downtrend.
--------------------------------------
(NAS100USD 1D chart)
NAS100USD is sideways near 19852.4.
If it is supported and rises near 19252.4, it is expected to lead to an attempt to rise above 20313.8.
If not, and it falls, it should check for support near 19582.6, which is an important support and resistance area.
--------------------------------------
(IBIT 1D chart)
IBIT is the stock with the highest trading volume among spot ETFs.
Since the current chart was created not long ago, the role of support and resistance points may be weak, so caution is required when trading.
The key is whether it can rise above the 36.32-36.64 area and receive support.
If not,
1st: 35.40
2nd: 34.18
It is necessary to check for support near the 1st and 2nd areas above.
In particular, the M-Signal indicator of the 1W, 1D chart is passing near 35.40, so it is important to check whether there is support near this area.
From a trend perspective, the area near 34.18 is near the midpoint of the parallel channel, so it is an important support and resistance point.
-
With the launch of investment products related to BTC in the stock market, the movement of the stock market cannot be ignored.
Therefore, caution is required as the movement of the coin market may follow the movement of the stock market.
However, if more funds flow into the coin market, there is a possibility that it will show an upward trend regardless of the movement of the stock market.
In other words, there may be cases where investment products in the stock market rise while other stocks fall.
Therefore, there is no need to pay much attention to the movement of the stock market.
Currently, when the movement of BTC is slowing down, that is, when it is moving sideways, it is only worth referring to the movement of the stock market.
--------------------------------------
(BTCUSDT 1D chart)
As mentioned above, the USDT and USDC movements are weak sideways, so it seems that there is a limit to the increase.
Therefore, if USDC does not fall any further, it is expected to maintain the current level or rise slowly.
Otherwise, if USDC continues to gap down, we need to check for support near 61099.25.
-
The points 64748.70 and 65920.71 correspond to the HA-High indicator points on the 1W and 1D charts.
Therefore, it can be interpreted that a high point section is formed across the 64748.70-65920.71 section.
The HA-High indicator point on the 1M chart is formed at 61099.25, so it has already risen to the high point range from a long-term perspective.
Currently, the HA-HIgh indicators are arranged in a straight line.
That is, HA-High on the 1D chart > HA-High on the 1W chart > HA-High on the 1M chart.
Therefore, if it continues to rise and maintains the price above 65920.71, a full-scale uptrend, that is, a stepwise uptrend, is likely to begin.
-
To do this, it is recommended that the StochRSI indicator on the 1M and 1W charts is not in the overbought or oversold range.
This is because I think it will receive great strength if the value of the StochRSI indicator is in the 20 to 80 range when the first uptrend begins and shows an upward trend.
Currently, the StochRSI indicator on the 1W chart has entered the overbought zone.
Therefore, even if it rises right now, it will eventually show a downward trend.
Therefore, I think it is important to maintain the price above 61099.25 after this period of volatility.
--------------------------------------
The most important thing when trading spot is whether the price moving averages are aligned.
If the short-term to long-term moving averages are aligned, the upward trend is likely to continue.
Currently, the price moving averages of BTC are aligned.
However, the short-term and medium-term moving averages are converging.
Therefore, if the current price level is maintained, an upward trend is expected to begin.
Currently, the M-Signal indicator on the 1M chart is rising near 52K.
Therefore, if it falls as much as possible, it is expected to fall to the M-Signal indicator of the 1M chart.
In any case, from the perspective of the trading particle, the 61099.25-65920.71 section is the high point section, so whether there is support in this section is very important.
It is the last buying section before the full-scale uptrend begins, but it can also be the starting section of the downtrend.
Therefore, depending on which direction the price deviates from the 61099.25-65920.71 section and maintains it, a new wave will be created.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the 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
-----------------
Nasdaq Thoughts 04-Oct-2024GOOD MORNING Everyone! Please find my Nasdaq market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
Nasdaq Thoughts 03-Oct-2024Good Morning All, Kindly see my Nasdaq thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NAS100USD / TRADING INSIDE FVG AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
FVG Area (19,880 - 20,098) , The price is attempting to reach a Fair Value Gap (FVG) area. This suggests that the market is looking for equilibrium within this range. The mention of trading and stabilizing in this range implies that consolidation is happening, and a decision on future direction may follow.
Possible Decline to Demand Zone (19,540 - 19,367) , If the price doesn't sustain upward movement within the FVG and begins to weaken, it suggests a potential decline toward the demand zone. Demand zones are areas where buying interest is strong, potentially providing support for the price.
Breaking FVG Area Could Lead to Rise (20,328) , If the price breaks above the FVG area, it is expected to rise, with the next target being the supply line around 20,328. Breaking this level could signal an uptrend.
Uptrend Confirmation (20,654 - 20,785) , For a confirmed uptrend, the price would need to break through this supply zone. Supply zones often represent resistance areas where selling pressure could halt upward momentum.
Supply Zone : 20,654 and 20,785.
Demand Zone : 19,540 and 19,367.
FVG : 19,880 and 20,098.
Nasdaq Thoughts 02-Oct-2024GOOD MORNING Everyone! Please find my Nasdaq market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
Nasdaq Thoughts 01-Oct-2024Happy New Month all, Kindly see my Nasdaq thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great