SHORT Setups : 3 ALTS in 2 MINUTESRecently I did a post on Altcoins that are good BUYS. Find it here 👇
Let's look at three alts that are BEARISH in lower timeframes, and very likely heading lower for the SHORT term:
1) JTO BINANCE:JTOUSDT
2) MKR BINANCE:MKRUSDT
3) TON BINANCE:TONUSDT
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JTOUSDT trade ideas
Jito (JTO): Possible Touch To EMAs / Liquidity GrabJito coin is showing a similar pattern here where after touch or movement near EMAs and seeing some downward movement we had a quick reversal liquidity grab which led the price back to EMAs.
We are looking for price movement towards this zone now so keep an eye on it!
Swallow Team
JTO Price Update & Technical Analysis on a Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
As per our previous update, JTO dropped down and hit the accumulation range of $1.85 to $2.17. After the price was rejected from $3.33 to $1.937, a quick rebound followed.
The current price of $2.4 shows some consolidation, offering a good opportunity to accumulate if you missed the lower entries.
The chart will be re-analyzed if the daily candle closes below the support trendline.
Key levels:
- Support: $1.85 to $2.17.
- Resistance 1: $3.55.
- Resistance 2: $5.
- Higher Target: $7.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
Jito JTO price shows the “strength”at the momentCurrently, there is a tendency that the token that is at " CRYPTOCAP:SOL " is relatively stable.
For example, CRYPTOCAP:JTO , will be “right”, to pick up it around $2.25
But the overnight drop in altos following CRYPTOCAP:BTC , buyers of #Jito completely bought it back and formed a pin bar on the 12hr candle.
So keep a close eye on of OKX:JTOUSDT price, there is currently “strength and interest” there.
JTO/USDT NEW INCREASE VOLUMEJTO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
JTO : Take CAUTION - RSI Topout LikelyBINANCE:JTOUSDT
The RSI reacts different on every chart, which is often the case with technical indicators. This is also why we advise to find one or two, and learn how they respond on your favorite charts. If you swop around between technical indicators too frequently, you will miss key insights such as these.
The charts says bullish for three main reasons :
👉 Bottom out pattern
👉 Higher lows
👉 Hot RSI
Two playouts likely for JTO, but for NEAR / LONG term I will label it as BULLISH. Personally using leverage here is too risky for my taste but then again, I favor a modest and low-risk approach.
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JTOUSDT TRADE SETUPHello Folks,
Welcome to the quick update of a new coin name JTOUSDT.
Today we saw JTO dump around 10% from the immediate resistance of 3.275.
Within few hours, buyers kicked in and pushed the price back to the same resistance. As of now, it is trading around 3.28. We can see JTOUSDT pump until 4.76 in a span of 5 to 10 days.
Entry-Exit levels:
Entry: 3.05 to 3.16
Target: 3.81 to 4.76
STOPLOSS: Below $3
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
JTO: Holds Potential for 280% Rally!Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
JTO/USDT has demonstrated significant volatility, presenting both opportunities and risks for traders.
The analysis suggests that CRYPTOCAP:JTO is in a correction phase within a broader bullish trend. The $1.85 to $2.17 support zone presents a favorable entry point for long-term investors aiming for significant upside potential.
Key Observations:
- Primary Support/Entry: 21 EMA ($2.45).
- Lower Support/Lower Entry: $1.85 to $2.17.
- Target 1: $3.55.
- Target 2: $4.92.
- Target 3: $7.13.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
#JTO/USDT#JTO
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 1.60
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 1.60
First goal 2.22
The second goal is 2.55
Third goal 2.94
JTOUSDTlately on JTOUSDT price on the daily timeframe has swept the buyside liquidity and the external range liquidity also coming back inside the range. while price was taking out the ERL + the BSL it also took out the previous monthly high and on its way of distributing to the downside it left a fair value gap which is going to be used as internal range liquidity.