JUP Long Trade SetupCurrent Situation:
Fundamental News:
JUP is looking to burn 30% of its supply, reducing the total supply from 10B to 7B tokens.
The team, including co-founders, has pledged to extend their vesting period to June 2026, demonstrating a long-term commitment to the project's success.
Technical Analysis:
The price is currently forming a double bottom, a bullish reversal pattern.
We will look for the 0.7579 area of support to hold and watch for signs of a shift in structure towards the upside to enter the trade.
Trade Strategy:
Entry Point: Enter a long position in the range of $0.78 to $0.84.
Take Profit Targets:
First Target: $0.98
Second Target: $1.12
Stop Loss: Set a stop loss at $0.684 to manage risk.
Summary:
JUP's proposal to burn 30% of its supply and the extended vesting commitment by its team are strong indicators of potential long-term success. Technically, the double bottom pattern suggests a possible bullish reversal. The trade strategy involves entering at $0.78 to $0.84, with profit targets at $0.98 and $1.12. The stop loss is set at $0.684 to limit downside risk.
JUPUSDT
JUP looks bearishIt looks like we had a big wave A that is over.
Now it has entered the big B wave.
A big B wave looks like an ABC.
Wave b of B looks like a diametric that is over.
We now seem to be in wave c of B.
If the price reaches the supply range, we will look for sell/short positions
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
JUP/USDT Breakout Alert!! Bullish momentum for JUP movement.💎 Paradisers, #JUP is indeed a coin worth monitoring closely.
💎 JUP has successfully broken out of the ascending triangle pattern, signaling bullish momentum for continued upward movement.
💎 Currently, the price is consolidating around the support area, which previously served as resistance within the ascending triangle. If the price can bounce from this support, there's potential for further upward movement towards the resistance at 1.46 area.
💎 Breaking this resistance is crucial for JUP to sustain its upward trajectory and potentially reach our target strong resistance area.
💎 However, if JUP fails to bounce from the support and even breaks down below it, it could signal a fakeout in the pattern, which is a negative sign. In such a scenario, the price may retreat to test the demand area around $1.
💎 The demand area holds significant importance as it needs to sustain and initiate a bounce to reclaim the price above the support for the continuation of the upward movement. If JUP fails to achieve this and breaks below the demand area and the support trendline, it would confirm bullish invalidation and potentially lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
Jupiter Comeback After Finding Support, Eyes $1.30Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06 , currently facing resistance. A decisive break above this level could propel JUP towards $1.30 .
#JUP/USDT SPOT LONG ENTRYBINANCE:JUPUSDT
#JUP/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.8397
Take profit 1: $1.3659
Take profit 2: $1.4888
Take profit 3: $1.7814
Stop Loss: $0.9893
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
JUP target $184h time frame
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JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from those trading on Solana, it will be a positive assistance for consistent pump until JUP reaches a reasonable market cap.
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Bull target: $18~$20
Adding to my JUP airdrop bagAdding to my JUP airdrop bag here at 0.966 after taking profits around 1.6 a few weeks ago.
Sitting at its macro golden pocket fib and holding it well.
I will add at 0.813 & 0.6675 if we get it but wouldn’t be surprised if this thing bottoms around here as I’m bullish SOL with our recent buys.
Jupiter JUP price is hovering over the abyssIf the Head and Shoulders pattern is completed on the #JUPUSDT chart (and the falling trading volumes from left to right hint at this), then the target for developing this pattern will be in the range of $0.87 - 0.92 per LSE:JUP
And it can be even safer and more profitable for your deposit if you leave pending limit orders to buy the #Jupiter token at $0.67-0.68
Of course, if you believe in this project and want to invest in it.
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JUP/USDT Ready to Reclaim its Position Back? 👀🚀JUP Analysis 💎Paradisers, #JUPUSDT has just grazed the bottom of its ascending channel, setting the stage for a potential climb. Keep your eyes peeled for an upward trajectory as #Jupiter seeks higher grounds.
💎If the price of #JUP struggles to maintain its footing at the channel's lower boundary, we anticipate a bullish pivot from the support at $0.691. This level is primed with rich liquidity, previously sparking significant upward movements with robust green candles.
💎If #JUP dips below this key support, we're looking at a possible bullish bounce from the even lower demand zone at $0.46. Failing to hold this level could lead to enhanced selling pressure.
💎Staying alert and adaptable is crucial as we navigate the evolving dynamics of the #Jupiter market. Keep your strategy flexible and your observations sharp, Paradisers. We're here to help you ride the waves of these market movements.
$JUP 1$ PlanI'm back at LSE:JUP with a large back SPOT ONLY.
This project have a huge potential, you can be bullish on CRYPTOCAP:SOL and bearish on $JUP.
Let's do some math
CRYPTOCAP:ETH ATH Market Cap was 575B$ While CRYPTOCAP:UNI was 24B$, that's 4.2%
Let's take that to CRYPTOCAP:SOL , let's say CRYPTOCAP:SOL will reach 300$ in the bull market.
CRYPTOCAP:SOL at 300$ will take the Market cap to 130B$, at this level LSE:JUP should be at 5.2B$
That's a 4$ for $JUP.
This is not a FA, the math is just for fun.
JUP/USDT Break Alert! Show a retest is valid and continue upward💎 Paradisers, #JUP has recently undergone significant market dynamics, successfully breaking out of the ascending triangle pattern.
💎 Following the breakout, JUP has undergone a retesting phase on the support level, which previously acted as resistance. This retest signifies potential strength in the newfound bullish momentum, with JUP poised for continued upward movement toward our target area.
💎 However, should JUP fail to sustain its upward climb and retreat towards the support area, it would be crucial to monitor its behavior closely. While a bounce from the support level could signal resilience and a potential resumption of the uptrend, a breakdown below this level could indicate a false breakout scenario.
💎 In the event of a breakdown, where JUP breaches the support level, caution is warranted as it may suggest weakening bullish momentum.
Jup/Usdt Plan The bullish flag breakout for JUP/USDT has been confirmed. Currently, the price is retesting the breakout zone. If the retest is successful, I am expecting a good 20-30% bullish move in the short term.
Please note that this is not financial advice. Do your own research (DYOR) before making any investment decisions.
JUP/USDT Primed for a Bullish Momentum? JUP Analysis 💎Paradisers, let's take a moment to focus on #JUPUSDT, as it's showing signs of a potential breakout from its descending channel pattern.
💎At present, #Jupiter is making a push toward the descending resistance, moving up from the demand zone. This movement opens up the possibility for a price bounce from this zone, aiming for an upward trajectory with the bearish Order Block (OB) as its forthcoming target.
💎Nonetheless, if LSE:JUP doesn't manage to rebound and instead falls below the demand zone, we could see a pullback to the Bullish OB vicinity around the $0.453 mark, where it might gather strength for another upward push.
💎The Bullish OB zone has historically been a key area for initiating strong market recoveries upon contact. But, if this zone fails to hold, indicating a shift to bearish momentum, the price may set a new bullish course from a lower standpoint.
💎In the event that #JUP is unable to capitalize on this momentum from either the current or a subsequent level, a continued descent is likely. Rest assured, your ParadiseTeam is ever-vigilant, prepared to assist you through these shifting market dynamics.
SOL/USD & JUP/USD : Potential Long OpportunitiesIdentifying potential long opportunities in the crypto market, I'm currently monitoring BINANCE:JUPUSDT and BINANCE:SOLUSDT
BINANCE:SOLUSDT :
Entry: 197.06$ (or a close break above resistance if identified).
Stop-loss: 195.30$
Target 1: $210 (potential new high).
Target 2: $259 (longer-term bullish target).
Note: Consolidation around $210 could be a healthy sign before a further move upwards.
BINANCE:JUPUSDT :
Entry: 1.5628$
Stop-loss: 1.4500$
Target: Open-ended, aiming to hold for an extended uptrend if confirmed.
Key indicator: Price action around the 20EMA. A break below this level after a run up could indicate a potential reversal, prompting a reevaluation of the trade.
Overall strategy:
These setups prioritize risk management with clear stop-loss levels. Following price action around the moving averages will be crucial for trade management decisions.
JUP target 2.74h time frame
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JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern.
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TP: 2 / 2.7
SL: 0.77
$JUP - Bullish to $10+2021 #UNI
vs
2024 #JUP
Zoom Out n Chill, anon.
CRYPTOCAP:SOL is CRYPTOCAP:ETH from 2021.
#JUP is #UNI from 2021.
#JUP is hands-down the #1 aggregator in the space and is regularly doing more volume than #UNI. However, #JUP is also much more than an aggregator. It is an all-in-one platform for all things Solana, is a perps exchange, a launchpad (with potentially shared revenue via staking), + much much more.
This project will be huge. You know I am bullish on CRYPTOCAP:SOL if you have been following my charts (see all my charts dating back to calling the bottom at $8 CRYPTOCAP:SOL ).
The fractal chart vs #UNI is a good baseline, and circulating market cap helps to put things in perspective where #JUP is at in the greater spectrum.
GL HF.
Elon is going to Mars, We are going to Jupiter.
- @CryptoCurb
(Curb)
JUPUSDT.1HAnalyzing the 1-hour JUP/USDT chart:
Trend: The overall trend appears to be bullish, as indicated by the recent higher highs and higher lows. However, the latest candles show a pullback from the high.
Resistance Levels (R1, R2): The first resistance level is at 1.0854 USDT (R1), and the next is at 1.3169 USDT (R2). These are prices at which the asset has previously encountered selling pressure.
Support Levels (S1, S2): There are support levels at 0.8612 USDT (S1) and 0.7246 USDT (S2). If the price continues to decline, these levels may act as areas where buyers could step in.
MACD (Moving Average Convergence Divergence): The MACD line is very close to the signal line, indicating that momentum is somewhat neutral with a slight bullish bias, but the convergence suggests that momentum may be waning.
RSI (Relative Strength Index): The RSI is around 55, which is neither overbought nor oversold, suggesting that there may be room for the price to move in either direction without immediate pressure from these extremes.
Conclusion:
Given the current chart setup, I would consider the current pullback as a potential entry point for a long position, especially if the price approaches the S1 level and shows signs of support. However, the proximity of the MACD lines indicates that I would need to be cautious and set a stop loss below the support level to manage the risk. If the price reverses and begins to move upwards, I would look to R1 as an initial target where I might take partial profits or assess the strength of the upward momentum. A break above R1 could indicate the potential to reach R2, depending on the volume and buying pressure observed at that time. As always, it's crucial to keep an eye on both technical indicators and market news that could affect the sentiment and direction of the price action.