2025-12-23 12:27:04

The Nasdaq looks pretty good on the weekly chart. The recent long wick candle that tested the bottom has already produced a golden cross pattern in the indicators. The weekly chart has held above the moving averages, so we should see some market movement coming up; a rebound of one or two weeks should not be a problem. To be honest, even if it falls from this position, there is support, and at most, it will have a slight pullback before being pumped back up. However, there is quite a bit of pressure above, so I estimate there will be some back and forth.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
5
Repost
Share

Comment

0/400

NotFinancialAdviser

· 2025-12-26 01:53

Golden cross and bottoming signal, this combination really didn't disappoint. Just waiting for the rebound.

View OriginalReply0

just_another_fish

· 2025-12-25 04:29

A golden cross is just a golden cross. Don't hype it up so much. Rebound for a week or two and it's over? I think those resistance levels above are quite tough.

View OriginalReply0

SnapshotBot

· 2025-12-23 12:54

When there is a golden cross pattern, one must be in awe, don't mess it up again.

View OriginalReply0

UncleWhale

· 2025-12-23 12:54

The golden cross pattern is just the beginning; we still need to see if it can truly hold above. Speaking too confidently can easily lead to a facepalm.

View OriginalReply0

OffchainWinner