We are sitting on a value area low, we are close to the 0.618 Fibo and we seem to have established a low. Next, we are in the demand zone. When we compare with Atom, which is the daddy of the Cosmos ecosystem, we can see that this coin is stronger than Atom itself. My assumption is that if we reclaim the 0.382 Fibo, we go for the monthly at the price of 0.3677,...
Another big disappointment for the JUNO community today. The latest in a string of major failures for the chain stemming back to early 2022. A single poorly coded app was able to affect the entire ecosystem and almost knocked it off line. I think JUNO will make new lows even while BTC, ATOM, and the rest of the crypto market do not.
Broadening wedge and cup & handle patterns pointing to bullish continuation.
JUNO is a biotech stock setting up for a move to highs over this flag. the 9ema is acting as a solid support we are having a strong day so far trending intraday. We could see a break of 45s soon.
Some price targets (to remind me, really), as the JPM conference happens this week.
JPM conference presentation this week. If it's good, or if $KITE is good, this will move.
Assuming it doesn't falter (which I doubt), a gap trade exists for longs with good R/Rs.
Juno looks poised to go with its nice base, would like to see more volume, but this is worth a look. Took base of cup and projected it out for target. Options weak would look at stock purchase
Price recovering after slump post IPO. ER coming up 2/25. Waaching fib levels