NAS100USD: The key is whether it receives support at 14797.1

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(UDST chart)

The candle size is still quite large.
Accordingly, we can see that the period of profit realization continues.

However, if USDT does not fall by the gap, I think the funds in the coin market will remain the same.

(USDC chart)

As the gap decreases, you can see that funds have been flowing out through USDC.

I don't think USDC's funds will have much of an impact on the coin market.

The reason is that the USDC market is not active.

Therefore, I believe that the longer USDC's outflow of funds continues, the more likely it will be to see independent movements that are separate from the movements of the stock market.

However, I don't think it's a good idea in terms of funds leaving the coin market.

Therefore, even if the coin market shows an upward trend, the amount of fluctuation is likely to be limited.


(BTC.D chart)

(USDT.D chart)

BTC dominance and USDT dominance are on the rise.

Therefore, caution is required when trading.


In order for the coin market to show an upward trend, BTC dominance and USDT dominance must show a simultaneous decline.

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(DXY chart)

The key is whether it can meet resistance and decline around 106.416.


(SPX500USD chart)

If it does not rise above 4331.1, it is expected to turn into a downward trend, so caution is required.


(NAS100USD chart)

If it falls below 14797.1, there is a possibility that the HA-Low indicator on the 1D chart will rise and be created.

If so, the key is whether it is supported by the HA-Low indicator.

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To summarize,

If DXY rises above 106.416, the investment market is likely to enter a recession.

SPX500USD is expected to turn to the downside if it meets resistance below 4331.1.

If NAS100USD falls below 14797.1, there is a high possibility that it will enter a trend reversal period.


Accordingly, the key is whether DXY can meet resistance around 106.416 and fall.

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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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Comment:

(DXY chart)

If it rises above 105.664-106.416 and becomes supported, I think there is a high possibility that the investment market will begin a recession.

Therefore, I think the stock market is more likely to see a downtrend.


(SPX500USD chart)

Therefore, the key is whether it can rise above 4331.1 on the SPX500USD chart.

If not, a gradual decline is expected to begin.


(NAS100USD chart)

However, since the NAS100USD chart has not yet entered the trend reversal period, the key is whether it can drive the stock market.

Accordingly, we need to pay attention to whether it can be supported and rise in the 14797.1-15130.0 range.