JTO
I'm More Bullish Than Bearish On JTO!!JTO is trading in a bullish pattern. The falling wedge has a higher probaability of breaking to the upside. If we get a nice breakout to the upside, I would be looking to target the POC above around $2.90.
If we fail this support level, the next level below is around $2.105. there we have major confluence, which is the .886, .382, & Daily level. If that is reached and holds, I would consider entering a long position.
We don't know how price will play out so we manage our risk accordingly.
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This is not financial advice. This is for educational purposes only.
How bullish is JTO?According to the ascending structure and breakout of Trend Line and Bullish CH on the chart, JTO can go up.
Serious supplies are TP 1 and TP 2. For rebuy, the green range is suitable.
Closing 1 daily candle below the green range 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
JTO long hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
JTO/USDT TRADE SETUPJTO has formed a symmetrical triangle pattern and has currently broken above it.
Entry: $2.62 to CMP.
Stop Loss: $2.5.
Targets:
T1- $3.31.
T2- $3.48.
T3- $3.88.
Note: Do not trade with high leverage; use SL to be safer. Accumulate the dip and book profits accordingly.
Trade safely.
Regards,
Team Dexter.
JTO can become the same as BONKFirst of all, note that there is not much data available about this symbol.
But according to the signs in the chart, it can move towards TP 1 and 2 by maintaining the green flip range.
Note that TP1 is a strong resistance and save profit when we reach TP1. Missing the flip range with a daily candle 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