JST
JUST (JST) Breaks The Downtrend... Time To Grow!This one is also pretty good... JSTBTC, the details are described on the chart.
First, you see the steep decline, the bear wave/bear market, whatever you want to call it...
What follows is the consolidation phase, this is when prices go flat/sideways.
And then we have the bullish breakout, this is when prices start to move up.
For all this, we have many signals coming from the charts that can tell you about each phase taking place.
If you can spot one or the other, you can predict what will happen next.
This is Alan Masters.
Additional information on the chart.
Namaste.
DeFi on TRON Will Be Huge! (Elliott Wave & Fundamental Analysis)Wave Theory: It looks like JST has completed a diametric pattern and we could be breaking up now. 5 of 7 waves are time similar which is the expected structure of a diametric. Channeling also works well. We are above the daily SMMA which hasn't happened since we topped out in August, a good sign that we could be beginning to trend upwards. Momentum is also turning bullish here with large divergences. Target is above ATH, potentially over 1-2 USD but will have to watch closely to determine when we are reaching a good exit price. Ultimate MOON target would be over 50 USD.
Fundamental Analysis: JST is one of the largest DeFi projects on TRON. Being built on the TRON network gives it several inherent advantages over any Ethereum-based DeFi. This includes very cheap (or free) transactions, instant confirmation times, and better scalability. If you've ever used an ETH dapp you would have noticed that you are paying upwards of $10 per contract call (and rising) and sometimes waiting hours for your transaction to be confirmed, and often the transaction will fail altogether if you don't attach a high enough fee. This makes the user experience of ETH very poor compared to TRON, which is a virtually seamless experience that costs no more than just a couple cents per transaction, and is always instantly confirmed.
JST specifically is used for several major platforms on the TRON network, including JustSwap, JustWrapper, USDj stablecoin, and soon to be JustLend. This is actually a combination of multiple projects which exist individually on ETH, giving JST a larger use case than the individual ETH tokens. The JUST user experience is also much more refined than its counterparts on ETH. As the user experience on ETH continues to deteriorate because of network congestion and increasingly high fees, more people will look to other networks like TRON for DeFi. JST will be one of the largest DeFi projects on TRON, and could potentially achieve a multi-billion market cap as the TRON network continues to grow.
JST is also a productive crypto-asset as it has several income-producing functions which increase the overall value of the token. Cryptos like Bitcoin are like gold, they just sit there and don't really do anything except move money around. JST is more akin to a stock because it can perform functions that would normally require a human-run business behind them, but instead it's run on smart contract on the TRON blockchain without any humans executing the functions. Based on hundreds of years of data in traditional markets, high quality productive assets like stocks more often than not will outperform unproductive assets like gold over the very long-term.
JSTUSDT AnalysisThis is a relatively new coin on the USDT chart having begun just about one month ago. The candle has just now broken down the support level and is sitting just below the 0.03766 resistance level. Here is my analysis:
If you already have JSTUSDT, now is a good time to sell it. Engineering Robo is giving Hell, Sell 1 and Sell 2 signals. In addition, the candle has broken down the support level. This means you should sell it right away.
If you want to buy JSTUSDT, do not hurry to buy it as the coin is still only a month old. If you really want to buy it though, you can buy it when the candle open-close above the 0.03766 support level. However, you should be cautious and watch for Engineering Robo's signals. If the candle breaks down the support level, you should sell it right away.
$SUN possible scenario if manages to hold above 20$Short term bullish scenario of $SUN if manages to hold above 20$ area
JUST (JST) Project Overview + Fib. LevelsAbout JUST
JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users around the world. JUST is a two-token system. The first token, USDJ is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for paying interest, platform maintenance, participating in governance through voting, and other activities on the JUST platform.
JUST allows all transactions, collateralization, and governance to be transparently executed on-chain. JUST is built on the TRON Network, the largest decentralized application ecosystem, and aims to provide a set of easy-to-use and transparent financial services for all its members.
Website: just.network/#/
-----------
Here we have JSTBTC, this is a new add on Binance, Okex, Huobi, and multiple other exchanges.
The chart is looking good now as we have strong volume coming in and prices breaking above EMA10.
This is a young chart so we have no history, no support, or resistance levels from past action, but we can still see what is going on short-term.
Bullish now.
Conditions for change
If prices drop and close below EMA10, the short-term bullish bias is lost.
Thanks a lot for reading.
Remember to hit LIKE to show your support.
Namaste.
Tron breaks 2 1/2 year trend to the upsideLets be honest, Justin Sun is one of the loudest people in cryto. Lots of people roll their eyes at his constant promoting of announcements. However, we have clear, significant upside movement in the last few days. A lot of this is due to the staking to get SUN tokens. This has pushed Tron above the trend line of the wick and the body of the last 2 1/2 year trendline. What's next? Tron needs to stay above the red line shown in the chart and close a daily candle above it - About 396 SATs. If it holds, we should see some bigger moves to the upside.
JST/BTC (Strong Buy Volume?)JST/BTC
-Despite the recent dump of Bitcoin JST still holding strong
-We can see a strong buy volume inside this ascending triangle
-To enter a trade on this coin, it is safe to wait for the breakout
-If the breakout happens to the upside, you may enter with momentum or pullback
-Your stoploss is below 50MA dynamic support
-Upside potential is up to the recent top at 800 sats or higher
JSTUSDT ANALYSISBuy at the support line sell at the resistance line
But of course it is too early to talk again ,
catch with the EngineeringRobo' s buy signal then you can sell at the resistance line or sell with the EngineeringRobo' s sell signal
Have a good trade . If you want to use EngineeringRobo please dm me.
JSTUSDT AnalysisThis is a relatively new coin that began in May. The trend rose up quite a bit in late July into early August, but has gone down a little in recent days. The candle is sitting just below the 0.07900525 resistance level. If the candle goes up and breaks the 0.07900525 resistance level and becomes support level, we can wait for an open-close candle confirmation before we buy it or wait for a buy signal from Engineering Robo. If the candle goes down, we can wait for a sell signal from Engineering Robo.
JST/BTC --->> IS IT A BULLISH TRIANGLE? New Justin Sun Coin!JST/BTC --->> IS IT A BULLISH TRIANGLE? New Justin Sun Coin!
Will this new coin shoot like a rocket?
OR
Will it fall down a big red waterfall of death?
I usually don't chart 15 minute time frames, I prefer a more accurate 4 hour or daily time frame..
Let's see how this plays out...
Looks bullish to me, but natural new coin fear in play...
Trade safe my friends....
BINANCE:JSTBTC