JUP Bearish DivergenceJUP is currently exhibiting signs of a bearish divergence, which suggests that despite its recent upward movement in price, the underlying momentum is weakening. This divergence indicates a potential reversal in trend, signaling that the market may soon shift toward a downward trajectory, as selling pressure could start to outweigh the buying activity. Traders should closely monitor this development for confirmation of a trend reversal before making any significant trading decisions.
Entry between 0.5 to 0.618
JUPUSDT trade ideas
Jupiter (JUP) — Chart Analysis & Trade Setup Jupiter is getting ready for a potential breakout as it nears the tip of a descending triangle. Here’s what you need to know:
▸ About JUP
Jupiter is a Solana-based exchange offering token swapping, limit orders, DCA, and asset bridging.
▸ Chart Analysis
Jupiter has been in a descending triangle since April. Resistance holds at 0.66-0.71, with a downtrend line pushing lower highs. A breakout is expected soon. Although considered a bearish pattern, the bullish market structure suggests an upside move.
▸ Technical Indicators
- MACD: Bullish 🟢
- RSI: Neutral 🟢
- VMA: Neutral 🔵
- ADX: 18, no trend 🔴
▸ Trade Setup
Bearish Breakout
- Entry: Below $0.65
- Target: $0.42
- Stop Loss: ~$0.70
Bullish Breakout
- Entry: Above the trendline
- Target: $1.8 (with profit levels at 1.13, 1.30, 1.50)
- Stop Loss: Below the trendline
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 - Trade SetupHere we are seeing a short term trade setup form for JUP. On the 2H chart we have seen price heavily defended at the $0.78 level with three seperate wicks.
This has created what are known as tweezer bottoms. Of course, its on a lower timeframe, but with a bullish divergence forming on our RSI as well seems like a great trade setup.
On the other hand if we break the $0.78 liquidity zone we could see price fall back to the green line.
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
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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JUO BREAKOUT? POSITIONING One could consider that my entry on this trade is a little bit aggressive, been a while i took aggressive entries.
However, the basis for this trade is a conditioned breakout.
Having seen JUP trade below the 0.88 region for a long while and having to flip the zone with a good momentum, i wish it nothing but the best in it's ride. I'd be taking a long at this range.
Invalidation remains just beneath the breakout candle.
Trade wisely
Trader45
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.
JUPUSDT Bullish Long Daily TimeFrameJUPUSDT has been consolidating in the area between the 0,73-0,78, trying to break the resistance that is seating in the 0,8 level.Today, we got the confirmation on the MACD, in the Daily Timeframe, with the signal line being crossed. On the way down, JUP left an area that was not tested between the 0,9-0,95 that could lead the bulls wanting to test that price area. On the way, we expect some strong resistance levels seating on the levels of the 0,84 and 0,9. And if we manage to hold this levels, there is still potential to hit the 1usdt and more. Huge potential trade with low risk considering the market sentiment shit.
$JUP to + $1.00posted an expanded flat idea earlier saying that either:
a) bottom for LSE:JUP is in
or
b) bottom soon (expanded flat means leg 'c' can retrace past 'a'
i think we have finally terminated 'c'.
fib extension of wave 1 to 2 shows that leg 3 can potentially be as high as + $1.00
break above the parallel upper band would give me confirmation that wave 3 is confirmed.