jito sol low confidence but likely to dump JITO likely to underperform SOL based on the likely double top
JTOUSDC_93MJUK.USD trade ideas
JITOUSDThis page is made solely for displaying price information and the status of the projects in the market, and does not mean investment or approval of the project
JTO wondering about end of month Magic : )Like this chart and want to own. Wait for me...lolol New money incoming. This is a monthly chart. The volatility is impressive. Nice action
JTO price analysis
Jito is showing strong potential for a breakout, following growth patterns similar to crypto 20X surge between 2018 and 2021. Bulls remain optimistic, anticipating a strong rally ahead, driven by Jito's solid development as a project.
Here are some key market structures and early signals of an upcoming uptrend:
JTO has recently broken out of its downtrend and successfully retested its support at $2.20, indicating a potential for significant upward momentum. The initial target is the $3.20 resistance level, and if surpassed, the next target could be $3.80, assuming favorable market conditions. However, if sentiment turns bearish after hitting $3.2, JTO may decline toward the $2.50 level.
I hope you find this information helpful.
JTO longJito bounced off the support level and the ascending trendline. The bullish movement to the resistance level at $4.9 is expected to happen
JTOUSDT There's a double dip in bottom. Follow murrey resistance/support. 2.73 and 2.92 are strong resistance spots for a bullish trend
#JTO #JTOUSD #JTOUSDT #Analysis #Eddy #JTO #JTOUSD #JTOUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
$JTO updateCRYPTOCAP:JTO following the plan as indicated before. Price moment failed to break the HTF trend line and completely retraced most of the indicated fib zones, settling on support at the last indicated zone (red-0.236), allowing excellent short opportunities. HTF trend shows bounces off the .236 level. HTF trend line is still the target to break before starting a new trend. Watching current support of the .236 level, along with the HTF trend line. (For freudie1/fraudie1/brokeboy1 since he doesn’t know what a trend line is. The O-R-A-N-G-E line. Thanks for the liquidity. Keep doing what you’re doing. Someone has to lose in this game. Unfortunately, it’s you.)
Update for $JTOUSD JitoUpdate from the chart I posted yesterday. I’d like to see a sharp break to the upside if the descending trend line is broken. If not, look to target the indicated levels.
$JTO The only trend line you need. The only T/A trend line that matters on this chart. Break the daily resistance, settle above the trend line, and start your engines. Chart is looking primed for a major upthrust happening sooner than later.
Many L1’s/L1 tokens on the move. I’m seeing a rotation of funds from L1’s like NYSE:SUI and $SEI. Incremental drops in their prices are simultaneously propping up $JTO. I like the LTF price movements in Jito. Straight forward peaks and valleys accumulating into a breakout zone. A rapid price increase in CRYPTOCAP:ETH could catalyze a big breakout for $JTO. Exciting things to come.
Jito (JTO) breakoutbull flag pattern breakout head and shoulders money flow coming in 44 % plus upside. let me know what you guys think
JTOUSD $JTO TRENDLINE/ Target: 4.25 - 4.47 - 4.58
Support: 3.67 3.6338 - 3.59 - 3.44
Resistance: 3.84 - 3.95
There's a flag breakout in trend zone.. Let's watch it..
JTOUSD $JTO #JTO FIBOJTOUSD next target is fibo 1.618 which is 3.89, the correction of 3.89 is 3.59/3.41
JTOUSD TRIANGLE FORMATION Symmetrical Triangle formation is observed in the chart. The formation target is 3.60 if the pattern doesn't change the shape of the triangle. let's watch the resistance/support spots.
Resistance: 3.10 - 3.28
Support: 2.78 - 2.98
Long $JTO JITOSolana eco popping off. Havent had time to post a chart to much going on in markets. Long JTO here. Not Advise, good luck.
Epic fall of governence during a market correction.Painful realization for many traders expecting another large gain.
Just wait for the bottom and you will be good.
Don't buy out the manipulated market price value.
The more that people buy now and take a loss
the more resistance after the bottom does come.
True market value is way off from current prices.
Updates: will come soon.
JTOUSD $JTO FIBO3.83, 4.06 are important resistance spots. There's a flag in 15 mins. Let's hope it stays above 3.83 for consolidation
JTOUSD $JTO ICHIMOKU TREND There's strong resistance in 4.19, it should stay above blue line for continue the price goes up. There's another important support spot in 3.99. it seems the price will consolidate between red/blue lines zone. According to Ichimoku the chart still bullish in 5m and 15m. If Solana hype continues, the price will try above +5 usd
