JST/USDT Potential Breakout ahead ? 👀 🚀 JST Today analysis💎 Paradisers, prepare for a potential trading opportunity with JSTUSDT. Our analysis indicates a near breakout from its descending channel, suggesting a bullish move might be on the horizon.
💎 JST has been following a descending channel for a while, but it now appears poised for a breakout. A successful move above the channel could lead to breaking through the resistance level at .03551, opening the path towards stronger resistance levels.
💎 Presently, JST is trading in a demand zone, maintaining strong momentum above the EMA 100. However, if the price fails to maintain its upward momentum and breaks below this demand zone, we might see a shift towards bullish continuation from the support level. A break below this support could lead to a significant downward movement.
JSTUSDT trade ideas
Justin JUST Foundation BULLISH WEEKLY JST looks very bullish on a weekly time frame.
What this means? this may be a very good news for Alts..
In the previous bull cycles JST was among the first to recover and ..
However on this chart .. this is the first weekly buy signal recorded.
Not an advice to get into JST right now as it is very over-extended.
Is must be a nice day for the holders of this coin.
And in the same time is good for the alt-coin market.
MORE ABOUT THE PROJECT - BELLOW -
What Is JUST (JST)?
JUST is a popular new decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable.
The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020.
It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. USDJ is a multi-collateral stablecoin that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio.
To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral.
The platform is designed to provide a fair and borderless hub of DeFi products, that any TRON user can access.
Who Are the Founders of JUST?
The JUST ecosystem is managed by the JUST Foundation, which includes individuals from Alibaba, Tencent, IBM and "other world-class internet companies," while JUST's financial analysis team hails from "several global investment banks" according to the project website.
Some of the most prominent individuals include Terance F (a blockchain expert and ex-Barclays and IBM employee), Elvis Zhang (a senior developer and experienced blockchain researcher), C Wu (a specialist in wallets and exchanges) and GL Kong (an experienced blockchain engineer and early crypto adopter).
The full names and profiles of much of the JUST team is not public. However, it appears that the project shares some overlap with the TRON development team, since the platform was announced by TRON CEO and founder Justin Sun, and has received technical and financial support from TRON.
jst on verge of massive breakout seems like getting ready for massive breakout formed text book symmetrical triangle in 3 days tf now testing multi year descending trendline trend line has already tested many times probably weak trend line and expecting breakout soon
incase of successful breakout expecting 220 to 240% bullish rally
JUST (JST) formed bullish BAT for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of JUST (JST) token with US Dollar pair.
Previously we caught more than 15% pump of JST as below:
On a 4-hr time frame, WAXP has formed a bullish Cypher move for the next pump.
Now on a 4-hr time frame, JST has almost completed a bullish BAT for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
JST/USDT bullish move incoming 👀 🚀JUST Today Analysis💎 JST is on the brink of a breakout from a descending channel pattern, setting up for potential bullish momentum.
💎 Demand Zone: Currently, it's trading within a high-demand area, and the RSI is above 50, further reinforcing the bullish outlook.
💎 Another key factor is that it's maintaining strong momentum above the 50-day Exponential Moving Average (EMA).
💎 It's holding firm at a crucial support level of 0.01960. If the price breaks this support, it enters an invalidation zone where a significant downward move could occur.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
JSTUSDT Short-Term Price PredictionsIntroduction: We present an in-depth analysis of JSTUSDT, a cryptocurrency that has garnered attention with a staggering 24-hour volume change of 1993.10%. Join us as we delve into potential short-term price movements and a comprehensive trade setup for JST.
Pattern Analysis: Our examination of the daily chart reveals a compelling descending triangle pattern, often indicative of an imminent breakout. Stay tuned for confirmation of this pattern as it unfolds.
Trade Setup: Explore a buy opportunity at 0.02341, targeting a price of 0.03807. Implement a stop loss at 0.0219 to effectively manage risk. This trade offers an appealing risk-reward ratio of approximately 9.5.
JST LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the JST symbol.
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
JUST (JST) formed bullish Gartley for upto 22.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of JUST (JST) token with US Dollar pair.
Previously we caught a nice pump of JST:
Now on a daily time frame, JST has formed a bullish Gartley move. Right now, after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for some price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
JST Zigzag Ending Now, Target $1-20 (Neowave/Elliottwave)JST looks like it has formed into a perfect Neowave Zigzag. Wave-b is a perfect irregular flat, wave-c is shorter in price and more complex than wave-a, and equal to exactly 50% of a+b in time. The Large Wave-B is related to 161.8% of wave-A in time. In the shorter term wave-5 of c is related to 50% of 3+4. All time targets are being hit here at the same time this week and momentum on virtually all time frames is bullish so I think we'll see something pretty big happening very soon.
Just going back to ATH would be a 1000% gain for JST, but if this is the beginning of a larger bull run as most other charts suggest then we could see prices at a minimum over $1 and probably as high as $20 over the next year.