Beast Trading _ Today's NASDAQ Analysis
This is the content of the NASDAQ that we analyzed last time. (Do not modify what was predicted)
As predicted, it deviated from the bottom line of the parallel channel from the top, and has been coming down strongly since then.
Then, where is the section where the fall calms down for a while and there is a rebound?
Once the Fibonacci is drawn from 11035 at the beginning and end of ABC to 13730, the 0.5 (12380) and 0.618 (12060) sections are likely to rebound.
From there, the decline will end depending on the strength of the rebound, and we will be able to determine whether it will head toward the overall high point (13730), a weak rebound will come out, and whether the strong decline will resume again.
There is 0.382 (12700) support about 130 points below the current level, but I passed this section because it seems a little dangerous to expect a rebound here.
There is still a strong decline in the short term, so I think you should focus on the decline!
Bitcoin and NASDAQ have been assimilated a lot since Covid, so now we have to check NASDAQ
This is the content of the NASDAQ that we analyzed last time. (Do not modify what was predicted)
As predicted, it deviated from the bottom line of the parallel channel from the top, and has been coming down strongly since then.
Then, where is the section where the fall calms down for a while and there is a rebound?
Once the Fibonacci is drawn from 11035 at the beginning and end of ABC to 13730, the 0.5 (12380) and 0.618 (12060) sections are likely to rebound.
From there, the decline will end depending on the strength of the rebound, and we will be able to determine whether it will head toward the overall high point (13730), a weak rebound will come out, and whether the strong decline will resume again.
There is 0.382 (12700) support about 130 points below the current level, but I passed this section because it seems a little dangerous to expect a rebound here.
There is still a strong decline in the short term, so I think you should focus on the decline!
Bitcoin and NASDAQ have been assimilated a lot since Covid, so now we have to check NASDAQ
