There's many signs that suggest a major trend reversal: 1) Double bottom 2) Previous resistance line acted as support for the previous 2 lows, extremely precisely as well 3) Lower 0.618 St. Deviation Band of the all time VWAP acted as a support again 4) Bullish divergence on volume weighted RSI 4H 5) Price broke through the resistance line and just got retested,...
From where we put the red arrow on the chart, it looks like a correction pattern has started. According to the price and time rules, it seems that this pattern is a diametric. It seems that the d wave of this diametric is over now. The targets are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk...
Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength. Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.
BINANCE:JUPUSDT BITSTAMP:JUPUSD SL2 ---- Mid-risk status: 4x-5x Leverage SL1 ---- Low-risk status: 2x-3x Leverage ⚡️TP: 1.075 1.068 1.055 1.045 1.035 1.025 1.012 0.989(In Optimistic Scenario) ➡️SL: 1.186 1.144 The Alternate scenario: If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
#JUP The price is moving in a descending channel on the 4-hour frame and we are about to break it We have a bounce from a major support area in green at 0.600 We have a downtrend on the RSI indicator that has been broken upwards We have a trend to stabilize above the moving average 100 which supports the rise Entry price 1.10 First target 1.28 Second target...
JUPUSDT Technical analysis update JUP price broke the falling wedge pattern on the daily chart. The price could retest the previous support before going up. Buy level: Above $0.90 Stop Loss: $.79 Regards Hexa
It looks like we had a big wave A that is over. Now it has entered the big B wave. A big B wave looks like an ABC. Wave b of B looks like a diametric that is over. We now seem to be in wave c of B. If the price reaches the supply range, we will look for sell/short positions For risk management, please don't forget stop loss and capital management When we reach...
Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks. However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent...
JUP is showing us a possible retrace till $0.90, a strong support area where we could expect a bounce till the resistance level at $1.22. To perform a bounce, i would like to see a rejection at the support zone and a reversal pattern
JUP seems to have entered a new level of break, and there is a good chance this coin can keep the increase. we will follow new trends for confirmations.
my targets for $jupiter are green lines. mid term target is 1.23$ - 1.36$
4h time frame - JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from...
If the Head and Shoulders pattern is completed on the #JUPUSDT chart (and the falling trading volumes from left to right hint at this), then the target for developing this pattern will be in the range of $0.87 - 0.92 per LSE:JUP And it can be even safer and more profitable for your deposit if you leave pending limit orders to buy the #Jupiter token at...
Jupiter coin is looking really strong. It's definitely a good coin to hold in the bag. I expect a continuation of the pump, considering it's moving on support and it's not following the BTC weakness. My first target is the resistance zone at $2.3
The bullish flag breakout for JUP/USDT has been confirmed. Currently, the price is retesting the breakout zone. If the retest is successful, I am expecting a good 20-30% bullish move in the short term. Please note that this is not financial advice. Do your own research (DYOR) before making any investment decisions.
4h time frame - JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern. - TP: 2 / 2.7 SL: 0.77
#JUP The price is moving in a descending triangle and sticking to its boundaries well We have respect for the lower border of the channel at 0.4600 We have an uptrend on the RSI that the price is following well Entry price is 0.5126 The first target is 0.5260 The second target is 0.5429 The third goal is 0.5624
We have a bullish iCH and iBOS on the chart, which has created a bullish view on the chart. If to demand If a pullback occurs, it is an opportunity to enter a buy/long position. Closing a 4-hour candle below the invalidation level will invalidate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and...