Hi dear friends, hope you are well and welcome to the new update on Juventus Fan Token (JUV) with Bitcoin pair.
Previously we had a nice trade of JUV token.
Now this time on a daily time frame JUV has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get...
ANALYSIS 🔎
- JUV/BUSD is on an uptrend supported by the ascending trendline support.
- Price hit a swing high and retraced for a retest of the ascending trendline support and key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline.
- We could be...