Jito JTOJito is a sol native staking protocol
Very early in its first cycle
If you compare it to the main curve bottom structure I've been highlighting for sui and others
It appears to be slightly early in the same cycle
Yet to break downtrend and re-accumulate..
I'll be looking to pick some up in the blue box somewhere as a solana bluechip ecosystem coin
Still thinking solana has a very strong cycle here
Incredible volume on nfts and dex's
Phantom app overtaking coinbase app in total downloads
Theres a few other metrics that support solana having a very strong cycle beyond strong price action
Anyways due this this we can be bullish on early solana ecosystem coins I think..
Jupiter (wen?) Like tomorrow
Margin fi
And I'm sure more will pop up ...
JTOUSDT trade ideas
JTO/USDT - round 2!!BINANCE:JTOUSDT peaked at the VWAP anchored to initial listing and fell below the one anchored to the last sell off of the prior consolidation. It has just completed a brief consolidation, breaking above the VWAP anchored to the prior breakout.
This opens the opportunity to retest the VWAP from initial listing before climbing higher. I plan to play this by taking profit at the VWAP from the last failed attempt, again at the VWAP from listing, and then edge up stops as it makes a higher high. A move below ~1.95-1.97 would invalidate.
#JTO may continue to fall according to the double top structure๐ง We encountered resistance at the resistance area after a period of rebound and formed a double top short structure, so there is a high probability that we will continue to decline.๐
โ ๏ธNote that if the short defense point is breached, then the bearish view becomes invalid
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I'm More Bullish Than Bearish On JTO!!JTO is trading in a bullish pattern. The falling wedge has a higher probaability of breaking to the upside. If we get a nice breakout to the upside, I would be looking to target the POC above around $2.90.
If we fail this support level, the next level below is around $2.105. there we have major confluence, which is the .886, .382, & Daily level. If that is reached and holds, I would consider entering a long position.
We don't know how price will play out so we manage our risk accordingly.
i]Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
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This is not financial advice. This is for educational purposes only.
JITO - 12hrs ( Easy 25 X in 2024 Bull Run ) ๐ตPair Name : Jito
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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๐ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
๐ Key Technical / Direction ( Long )
Type : Mid Term Swing
โโโโโโโโโโ
First Target Area : 5 $ all Time High
only 2 X From Now Price
Bull Run End For Investor Target
50 $
25 X Full Target Range
JITO - 4hrs ( Up + 57 % - Bull Run Target 3000 % ) ๐ตPair Name : Jito
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
๐ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
๐ Key Technical / Direction ( Long )
Type : Mid Term Swing
โโโโโโโโโโ
๐ฅ Price Up + 57 %
Our First Target At 5 $ = 185 % Growth
Our 2nd Target At 50 $ = 3000 % Growth
in next Bull Run / After Halving Event
JTO Unlocking Potential: The Perfect Entry Point for Profits ๐ฐ**JTO Coin: Fundamental Analysis**
JTO is the governance token of the Jito ecosystem, a decentralized finance (DeFi) platform built on the Solana blockchain. Jito allows users to stake Solana (SOL) and earn rewards in the form of jitoSOL, a liquid staking token. JTO holders also have voting rights on the future direction of the Jito platform.
**Fundamental Strengths**
* **Solana Ecosystem:** Jito is built on the Solana blockchain, which is known for its high scalability and low transaction fees. This makes Jito a compelling option for DeFi users who want to avoid the congestion and high fees that plague many other blockchains.
* **Liquid Staking:** Jito's liquid staking feature allows users to stake their SOL and still earn rewards while being able to trade or lend their SOL. This is a major advantage over traditional staking, which requires users to lock up their SOL and wait for a period of time before they can access their rewards.
* **Community Governance:** JTO holders have voting rights on the future direction of the Jito platform. This gives JTO holders a say in how the project is developed and how its resources are allocated.
**Recent News**
* **Jito Airdrop:** Jito has been conducting a series of airdrops to reward early adopters and users of the platform. These airdrops have generated a lot of interest in JTO and have helped to boost the token's price.
* **Exchange Listings:** Jito has been listed on several major cryptocurrency exchanges, including Binance and Coinbase. This has made it easier for investors to buy and sell JTO, which has further increased the token's popularity.
* **Technical Development:** The Jito team is actively developing new features for the platform, such as a decentralized exchange (DEX) and a lending market. These new features are expected to attract more users to the platform and drive further adoption of JTO.
**Disclaimer**
Please note that this is not financial advice. The cryptocurrency market is volatile and risky, and there is no guarantee that JTO will increase in value. Always do your own research before investing in any cryptocurrency.
How bullish is JTO?According to the ascending structure and breakout of Trend Line and Bullish CH on the chart, JTO can go up.
Serious supplies are TP 1 and TP 2. For rebuy, the green range is suitable.
Closing 1 daily candle below the green range will violate the analysis
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
JTOUSDT LONGLONG POSITION
Signal Validity: 2D
Order Price: 2.26
TP: 4.83
SL: 1.28
Margin: 2% of the capital
Risk/Reward Ratio: 2.61
CROSS 2X
Pay attention to the validity time of the signal from the time of publication. After the end of credit, if the order is not activated, delete the order.
See the results on the channel.
JTO/USDT - excellent breakoutBINANCE:JTOUSDT with an excellent breakout this week. Thanks to @bluefox1976 for pointing this one out a few weeks ago.
Like a lot of new alts, JTO spiked after listing and then went into a decline followed by a consolidation. We took a fib time zone from the 12/14/23 high to the 12/18 low and price pivots have aligned nicely. A small base formed between 1/3 and 1/8 with a breakout yesterday that lined up perfectly with the time zone.
I anchored a volume weighted average price anchored to 1/3 where the consolidation started. We'll look for this to hold as support, exiting if we fall 1 ATR below it. The purple AVWAP from the initial listing is likely to be an area of resistance and where I will take the majority of profit or potentially exit.
Note that the AVWAP from 12/14 was resistance during the decline. A lot of times we see a breakout from a consolidation form a bull flag before continuation. That AVWAP feels like an area that we could see that.
JTO Technical Analysis -- JTO/USDT on a 1 hour timeframe has given me possibilities of acquiring massive profits if trend breakout above 1.73 with eyes on four targets. The first target will yield a 35.43% while second target is capable of yielding 66.13% and target 3 and 4 yielding 100.77% and 149.58% respectively. However, a stop loss at 1.48 from the breaking point will result to 14.96% loss. This is my technical analysis on JTO, more updates will be release as regards to the price action and possible trends in the chart. Kindly drop your view on this and follow me for more updates. Best of luck!
JTO long hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.