#JST/USDT#JST
The price is moving in a downward channel on a 3-day frame.
Since July 2022 in a falling channel
The price has always respected that channel.
The price is now at the 0244 area.
As a support area with a break in the downtrend
The price is expected to reach 04800.
This represents an expected 100% rise.
All of this is supported by oversold conditions.
Support points and targets are shown on the chart.
Jstechtrading
JUST (JST) formed bullish BAT for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of JUST (JST) token with US Dollar pair.
Previously we caught more than 15% pump of JST as below:
On a 4-hr time frame, WAXP has formed a bullish Cypher move for the next pump.
Now on a 4-hr time frame, JST has almost completed a bullish BAT for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
US-Market Update - HeatmapThe Heatmap from yesterday ( SP500 ) shows the full story of last week. The stock market has been beaten down following additional FED hikes and announcement that more action can be expected from the FED.
General Market Update
Stock Market Falls Again
The stock market was clobbered again Friday despite a weak pullback driven by the bulls. A few industry groups managed to shine even in the broader downward pressure.
The S&P 500 ended the session down 1.1%. This means the benchmark index ceded more than 2% for the week and closed below the 50-day moving average. If it fails to rebound back above this key level it would be a worrying development.
The Nasdaq composite ended the day down 1%. The tech-heavy index fared even worse than the S&P 500 as it skidded nearly 3% for the week. After the week's battering it has now lost more than 32% so far in 2022. The Nasdaq closed below the 50-day line the past two days.
Volume surged on both the Nasdaq and the NYSE. This added distribution days to both the S&P 500 and the Nasdaq. Decliners outnumbered advancers by around 2-1 on both the NYSE and the Nasdaq.
JS-TechTrading: US Market UpdateUS Market Update
The U.S. midterm elections won't have an official conclusion for quite some time. Meanwhile, investors are facing questions about what Thursday's latest inflation report means for the path of interest rates.
The general reaction toward corporate third-quarter earnings has been poor. This puts the durability of the latest rally attempt during the current bear market in question.
The stock market dislikes uncertainty which become obvious during yesterdays’ session. Small caps to megacap techs faced severe losses. Key indexes finished virtually at session lows. The current uptrend remains under intense selling pressure. Always think risk first!
The Nasdaq dropped 2.5% and wiped away three days' worth of gains. Another drop like the one on Wednesday could lead to a test of the Oct. 13 near-term low of 10,088.
Small caps did worse as the Russell 2000 sank 2.7%. The large-cap S&P 500 sank 2.1%.
On Thursday, all eyes on Wall Street will focus on the October consumer prices report.
The Day's Biggest Decliners
The oil and gas sector really got socked as crude oil futures fell even harder than the stock market benchmarks. West Texas intermediate near-term futures slid 3.7% to $85.61 a barrel. Natural gas fell 2.9%. Lower energy prices will indeed help soften the blow that raging inflation is having on the economy. But this has consequences for stock market investors as well.
Lowlight: Chart Industries (GTLS) fell 20% (oil and gas machinery and equipment industry group).