NASDAQ100 has been trending within a clean ascending channel on the 4H timeframe. We’re now sitting at a crucial decision point — the midline and horizontal support around 23,670.
This zone has historically acted as a strong S/R pivot. If price holds, we could see another bullish bounce toward 24,000+. But if it breaks and closes below, we may get a clean drop toward the bottom of the channel — with 23,200 and 22,663 as targets.
Plan:
• Wait for a 4H close above or below the 23,670 level
• Bullish scenario: Bounce toward upper channel (~24,300)
• Bearish scenario: Drop to lower channel boundary with incremental TP levels
Structure:
• 4H rising channel structure still intact
• Price testing midline zone
• Horizontal level at ~23,670 adds confluence
• No confirmed break of channel yet
Key Zones:
• Support: 23,670 (midline + structure support)
• Bullish flip zone: 23,967
• Bearish continuation zones:
‣ 23,200
‣ 22,994
‣ 22,663
This zone has historically acted as a strong S/R pivot. If price holds, we could see another bullish bounce toward 24,000+. But if it breaks and closes below, we may get a clean drop toward the bottom of the channel — with 23,200 and 22,663 as targets.
Plan:
• Wait for a 4H close above or below the 23,670 level
• Bullish scenario: Bounce toward upper channel (~24,300)
• Bearish scenario: Drop to lower channel boundary with incremental TP levels
Structure:
• 4H rising channel structure still intact
• Price testing midline zone
• Horizontal level at ~23,670 adds confluence
• No confirmed break of channel yet
Key Zones:
• Support: 23,670 (midline + structure support)
• Bullish flip zone: 23,967
• Bearish continuation zones:
‣ 23,200
‣ 22,994
‣ 22,663
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.