JUP/USDT is on the verge of a big breakout! 🚀 JUP/USDT is on the verge of a big breakout! 🚀
The JUP/USDT trading pair is currently showing strong signs of a potential breakout as it tests a crucial resistance level. 📈 A successful breakout above this level could ignite a powerful bullish rally, potentially driving prices much higher. Here's a detailed breakdown of what to watch for and why it matters. 🔥
What to watch for:
- Key resistance levels: The price is nearing a critical resistance zone that has previously acted as a barrier for upward movement. If JUP/USDT breaks above this level, it could mark the beginning of a new bullish trend, opening the door for significant upward momentum. This breakout could attract more buyers, further fueling the rally. 🚀
- Trading volume: Pay attention to the trading volume. If we see a surge in volume alongside a breakout, it suggests stronger market conviction, with buyers stepping in aggressively to push the price higher. A high-volume breakout is generally considered more sustainable and less prone to a quick reversal. 📊
- Market sentiment: Broader market trends and sentiment in the cryptocurrency space can play a crucial role. If the overall market is showing signs of recovery or strength, it could support a breakout in JUP/USDT, making it more likely that the rally will continue. Conversely, if sentiment is bearish, any breakout may face additional resistance or be short-lived. 🏦
Why this setup matters:
A breakout above the current resistance level could signal a trend reversal or the continuation of a broader upward trend for JUP/USDT. For traders, this could mean the opportunity to capitalize on significant gains if the bullish momentum picks up. Monitoring these factors closely can help determine the strength and sustainability of the potential breakout. 🧐
⚠️ Disclaimer: This is not financial advice. Always do your own research (DYOR) before making any investment decisions, and ensure you have a proper risk management strategy in place.
JUPUSDT
Building Swing Spot for JUPBuilding Swing Spot for JUP
Buy zone: 0.85-0.83, DCA 0.71 if necessary
Invalidation: D chart clean break below 0.71
TP: 0.96, 1.2, 1.8
Reason:
Narratives:
- SOL memecoins are getting a lot of interest, DEX like JUP and RAY are in the spotlight
Technical:
- Expecting a breakout from the daily trend
- Prices consolidate in the golden pocket zone from the current range (0.85-0.83)
- Stoch comes into mid-range and ready to cross up
JUPUSDTLSE:JUP ~ 1D
#JUP If you ask us, when will the price of LSE:JUP increase. you should look at this chart. You can see this decreasing pattern in the 1D Time frame. The bulls will return if this pattern is successfully broken.
The best strategy for now, Buy gradually inside this pattern. or wait for this pattern to be successfully broken and you can start buying afterwards.
JUPUSDT long using proprietary multi-timeframe trend detectionI'm executing this on H4 and D1/D3 time frames as this is a swing that should take 3 to 9 days to play out. I am also taking into account H1 short term trend, which has failed to hold on this second retest of the H4 sort term trend, and thus needs to be reclaimed.
Entry: 0.8576
SL: 0.8356
TP: 1.0976
Upon clearing D1 resistance that lies between 0.95-0.99 and taking out the prior two highs, which failed to break out, I'll move the SL to BE and actively monitor the area. Should the rally fail there I may exit manually.
H4 close above 0.87 would be a fantastic show of strength here.
Here is the htf view I've laid out:
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
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JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here.
Entry Range: Current Market Price (CMP) and add more up to $0.72
Targets: $1.04 / $1.32 / $1.68 / $1.96
Stop Loss: $0.59
What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
JUPUSDT Breaks Trend Line: Ready for a Major Upswing?JUPUSDT has hit support multiple times and has now successfully broken its trend line, setting the stage for a significant upmove following a brief retracement. As a fundamentally strong project, JUP presents a promising opportunity with the potential for a 2x return from current levels.
Keep a close watch on price action, and remember to implement your stop-loss strategy to manage risk effectively. This could be the start of an exciting rally—don’t miss out!
JUPUSDT Currently trading at $0.92
Buy level: Above $0.92
Stop loss: Below $0.77
TP1: $1
TP2: $1.2
TP3: $1.5
TP4: $1.85
Max Leverage 3x
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Can $JUP Pull a $UNI RunAs I shared before I was aggressively buying JUP at 0.4$ levels and I'm still holding.
You can start accumulating anything below 1.5$ as in the chart.
My final target is 4.89$ as in the chart (X10 from my entry), I believe JUP will go higher than that because 👇
If we compare JUP to UNI.
Jupiter current trading volume is higher than UNI's average trading volume in 2021.
The hype surrounding Solana in 2024 is similar to the hype surrounding Ethereum in 2021.
PLEASE DYOR AND THIS IS NOT A FA.
Jupiter on course to new ATHs in the near futureThere'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, this also aligns with the 0.236 Fib extension level
Fundamentals are great as well. Nearly half the volume on Solana comes from the Jupiter aggregator. JUP is one of the most held tokens on the network. The team is very active with updates and fixes. A 30% supply burn is planned.
TP targets are the 1.618 of the Fib extension (which happens to be just above ATH) and $2.
I think JUP has the potential to go much higher, but there's likely to be a pullback if these levels are reached, which would be an opportunity to re-enter.
If we go down from here it remains bullish as long as price doesn't go below the first green zone, if it does I would expect a further drop to the second zone.
ALTS That are INCREASING as BTC Dips1) NOTUSDT BINANCE:NOTUSDT
Great bounce from the support, RSI bottoms:
strong in the 4h:
2) RUNEUSDT KUCOIN:RUNEUSDT
From the 1h up to the daily, it seems as though RUNE is increasing after establishing a bottom of being oversold:
3) AVAXUSDT BINANCE:AVAXUSDT
AVAX makes a turn around after bottoming out in the buyback zone:
4) BNBUSDT BINANCE:BNBUSDT
BNB up 20 % in two days as buyers scoop up lower prices:
5) JUPUSDT BINANCE:JUPUSDT
JUP increases 16% in one day:
________________________________
JUP looks bearish (12H)From where we put the red arrow on the chart, it looks like a correction pattern has started.
According to the price and time rules, it seems that this pattern is a diametric.
It seems that the d wave of this diametric is over now.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Jupiter - Bulls dominating!Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength.
Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.
Short position on JUPUSDT 49Min/ Trading setupBINANCE: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/USDT#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 1.52
Third target 1.80
Will JUPUSDT Continue Its Bullish Reversal or Face a Downturn?Yello, Paradisers! Is #JUPUSDT poised for a bullish breakout, or are we heading towards a significant retest and possible downturn? Let’s dive in!
💎#JUP has shown a promising sign of a bullish reversal by breaking out of the descending resistance. However, the current price appears to be facing resistance, suggesting a potential retest at the support level of 0.872 before attempting another breakout to hit our target area.
💎If JUP manages to break through the resistance without retesting the support first, the likelihood of an upward movement and continuation of the bullish trend increases significantly.
💎On the downside, if JUP fails to bounce when retesting the support area, the price might revisit the strong demand zone. Historically, JUP has consistently rebounded from this zone, but failure to sustain the strong demand area around 0.68 could invalidate the bullish outlook. This would indicate a bearish trend, with the price potentially moving further downward and dipping.
Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Trade Setup: JUP Long PositionMarket Context:
JUP is showing signs of a trend reversal, reclaiming a key area as support with a notable spike in volume. The 4-hour chart indicates a shift in structure with a higher high, suggesting a potential uptrend.
Trade Setup:
Entry: Ladder into a buy around the $0.8 zone.
Take Profit:
First target: $1.1
Second target: $1.3
Third target: $1.4
Stop Loss: Place the stop loss at a daily close below $0.7.
📊 Monitor for any pullbacks into the buy zone and adjust your entry accordingly! #JUP #CryptoTrading #TrendReversal 🎯
BUYING JUP HERE WITH EASY INVALIDATION!!Hey everyone!
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JUP looks good here. Forming a falling wedge-like structure in the daily time frame and holding the support (Green box) very well so far and bouncing from here. Buy some here and add more in the dip.
Entry range:- $0.64-$0.74
Targets:- $0.86/$1.02/$1.38/$1.62
SL:- Daily close below $0.62