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JUPUSD

JUP BUY SETUPWe have a bullish iCH and iBOS on the chart, which has created a bullish view on the chart. If to demand If a pullback occurs, it is an opportunity to enter a buy/long position. Closing a 4-hour candle below the invalidation level will invalidate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
JUP/USDT Breakout Alert! Indicating the Upward Momentum ??💎 JUP has recently exhibited significant market dynamics, breaking out of a descending channel. Currently, the price is in the retesting phase at the support trendline. 💎 If this retest is successful, JUP is likely to bounce and continue its upward movement towards the target area. 💎 However, if JUP closes a candle below the support trendline, it could indicate a false breakout. 💎 In this scenario, there's a potential for the price to reverse its upward momentum and resume a downward movement. This could lead JUP towards the demand area or even lower levels.
by MyCryptoParadise_Nathan
JUP - Jupiter in DANGER after Airdrop Criticism ❗📉Hi Traders, Investors and Speculators of Charts📈 Because Jupiter is newly released, we're currently seeing that first hard initial dump. This is mostly airdrop holders dumping and traders shorting on the way down. And unfortunately in the short term timeframe, there isn't sufficient buying pressure showing up to outweigh the enormous selling pressure: Being unable to close ABOVE resistance after that low wick indicates heavy selling pressure and insufficient buying pressure, short term. Another scary development is criticism from the community about the airdrop. According to a few news outlets, users are concerned that Jupiter is using this open market opportunity to raise funds without users being “completely aware” this was the case. A key issue raised is about the Jupiter team’s method of offering JUP on the open market. Users are claiming this is basically to raise funds from the open market and according to critics, this detail was not clearly communicated to those participating, leading to discussions about the level of transparency and the degree to which buyers were making informed decisions. The Jupiter team has been very active on X and quickly responded to concerns. Meow, the founder of Jupiter, wrote in an X post that the team would have received more funds had they opted for an over-the-counter deal or a regular initial DEX offering. According to the team, the reason they had launched their token in the way they did was to ensure that airdrop recipients would be able to sell into a massive pool, while prospective buyers would have the assurance that there would be a big enough pool to absorb selling pressure from airdrops. We have gathered just enough data from the exchanges to form a 200d moving averages in the 1h. Naturally, to even begin to consider a trend reversal, we would need to see price action ABOVE all the moving averages in the 1h: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:JUPUSDT
Short
by CryptoCheck-
JUPUSD Breakout Incoming?Jupiter is in an accumulation phase with support and resistance being established neatly for the most part inside the falling wedge pattern shown. Previous selloffs below support have proven to be transitory events, with bulls showing resilience by reestablishing support above 0.0108 each time. Look for breakout confirmation at 4-hour close with a bullish engulfing green candle, resulting in a possible pump to half the distance from previous swing high and low, as represented by the 'flagstaff', to ≈ .01586. I’d unload JUP if it falls below previous swing low @ ≈ .092 and stack it if it surmounts previous swing high at .018 for a likely retest of .0123, .0125, and after that, .0136. or higher.
JLong
by oftenbach