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Bounceplay

S&P 500: New support confirmed amid fragile global market While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At least there is now far more evidence after the strong upmove on July 2 that the market really wants to go higher. Hopefully there will be a last pullback before the long target gets reached. Due to the fact that the bounce train has started to leave the station - in order to get filled - I recommend the long entry far above Monday's low (which was at 2698.95). Long entry: 2712.5 Long target: 2755.0 Stop loss: 2696.5 Risk/Reward Ratio: 2.66
SP:SPXLong
by ChartArt
12
NANO 1H! Money at the end of the trend?Hey guys, im back with new NANO update so lets get directly into it I have been loving nano for awhile after her tanking btc drop few times, seems like an optional alternative when btc is down, still it wont be always like that, nano still got affected by btc movement so lets start directly dive into the chart shall we? i will try to break it down as far as i could be by looking at the charts(1h timeframe), we can see that nano is forming falling wedge continuation pattern. while its still early, im seeing opportunity to do a swing play on this, on the early stage, im expecting it to go down first because its breaking down its bilateral pattern, and macd is curled down blue dot line is the length of the neck, so its kinda the sell target IF IT DOES breakout i stacked the fib, one from the candles, one from the wicks to clearly see the golden ratio zone and i put the bar patterns of my predicition based on their old moved. and the red horizontal line is the Resistance Line Lets see how it goes first, i'll update again later Trade safely out there cryptobrosis! Thanks for the support! I cant appreciate enough who come and see my chartwork and followed me, sometimes i deliberately post different things only to show a different perspective, i know im not as good as d4(but hey people learning right?)
NLong
by cryptorix