Whether the investment market is active or not is a DXY chart...

2023年4月18日

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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.

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(NAS100USD chart)

The key is whether it can rise above the volume profile section of 12896.2-13231.6.

(1D chart)

Therefore, it is necessary to check whether it can rise to the 13231.6-13480.9 section and be supported.

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(SPX500USD chart)

The key is whether it can rise above the volume profile section of 4116.0-4169.6 and continue its rise along the rising channel.

(1D chart)


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(DXY chart)

Looking at the 1M chart, it shows a breakout from the uptrend channel.

Accordingly, the key is whether it will form a new trend.


In my opinion, for the investment market to pick up steam, DXY needs to show sideways decline below 101.494.

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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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2023年4月20日

註釋

(DXY chart)

The question is whether DXY can find resistance around 102.020 and drop below 101.494.

If this is not the case and rises above 103.494, the investment market is expected to contract.

However, the 1M chart shows that it is breaking out of the uptrend channel, and the 1W chart shows that it is moving within the downtrend channel.


Therefore, if the current trend is maintained, the DXY is expected to fall below 101.494.

If DXY moves sideways in the 98.244-101.494 range, the investment market is expected to find activity.


Therefore, I think that DXY is better than Nasdaq or spx for being able to use it as a stock market index while trading in the coin market.