JUVUSDT
JUVUSDT (JUVENTUS FAN TOKEN) - BULLISH SETUP ANALYSIS 🔎
- JUVUSDT brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance (NR) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance (DTR).
- A breakout above the descending trendline resistance (DTR) could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
🆓Juventus Fan Token/USDT Analysis (14/2) #JUV $JUVJUV is having a correction to 10$ zone to re-test this area before rebounding to conquer 13$ zone and rising to 15$ or even 20$ in this February.
📈BUY
-Buy: 9.8-10.2$. SL if B
📉SELL
-Sell: 12.7-13.3$. SL if A
-Sell: 14.7-15.3$. SL if A
-Sell: 19.5-20.5$. SL if A
♻️BACK-UP
-Buy: 8.8-9.2$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8Hcandle closes BELOW this zone"
JUVUSDT futureJUV - PSG - OG - ASR and ATM all the tokens CHZ listed to get credit and increases its value is a fail as you can see in the chart all of the supports are gone and nothing is holding the trends way, all signals are bearish and this forecasting goes to every other 4 mentioned above
attention: if you are a football fan that's a great thing but don't invest in something like this for now you can stay tuned and just cash your tokens