Ridiculous capitulation, nice 3 drives, hi vol and RSI OS alert Ridiculous capitulation, nice 3 drives, hi vol and RSI OS alert
nice 3 drives, hi vol and RSI OS alert,
HiLoCh indicator on 30m TF
1. 3 drives down from the break
2. High vol and b Vol profile on the candle.
3. - had a double event, unusual but should have been safe if waited for the close above the main body of the profile.
got the alerts, waited for the close above the profile, trade with good positon sizing and stop losses.
JUPUSDT trade ideas
JUP - The Prophecy Fulfilled...Again
From our last post we were predicting a perfect retest of our old resistance flipped into a new level of support at $0.83. We were predicting a rally to around $1.40 in the "expansion phase" to test the 0.618 of our last mini cycle.
Whales must be watching our posts, because that is where whales (and Viaquant) decided to cashout their JUP positions.
Thanks for playing!
Jupiter DAO Approves $860M JUP Airdrop Amid Price DropThe decentralized governance arm of Jupiter Exchange on Solana, Jupiter DAO, has made waves by approving an $860 million JUP token airdrop as part of its annual "Jupuary" program. Despite this significant move to bolster ecosystem engagement, LSE:JUP has faced bearish pressure, declining 9.35% at the time of writing. Let’s dive into the technical and fundamental aspects shaping Jupiter's current landscape.
The Airdrop Announcement
Jupiter DAO’s approval for this massive token airdrop showcases its commitment to long-term user engagement and ecosystem fortification. Key features of the updated distribution plan include:
- Revamped Model: Introduced stringent eligibility checks to curb speculative farming.
- Engagement Focus: Metrics such as asset holdings, regular participation, and interaction determine airdrop eligibility.
- Long-Term Incentives: Encourages holding, buying, and voting throughout the year.
This second attempt at the Jupuary airdrop reflects the DAO’s responsiveness to community concerns, setting a new standard for Web3 governance.
Market Sentiment and Impact
While the airdrop decision is fundamentally positive, market sentiment remains bearish due to:
1. General Crypto Market Conditions: Bitcoin’s inability to break the $100k barrier has contributed to a cautious market.
2. Recent Price Drop: LSE:JUP has fallen 6.99% in the past 24 hours, with a live price of $1.22 and a trading volume of $227.46 million.
The pseudonymous founder, “meow,” emphasized the importance of distributing JUP to users who could become long-term members, which is crucial for stabilizing token value and ensuring meaningful participation.
Technical Analysis
At the time of writing, LSE:JUP is trading at $1.22, reflecting a 9.35% decline. Technical indicators reveal:
- RSI (Relative Strength Index): At 47, LSE:JUP is approaching oversold territory. With immediate support found at the 65% Fibonacci retracement level. A further dip could test the one-month low.
Market Structure
- Bearish Zone: Selling pressure has dominated, with the price unable to reclaim key resistance levels.
- Volume: High 24-hour trading volume of $227.46 million suggests significant activity, but selling outweighs buying interest.
Key Levels to Watch
- Support: If LSE:JUP holds at the 65% Fib level, it may attract buyers looking for entry points.
- Resistance: Bulls must reclaim $1.35 to initiate a recovery and negate the bearish trend.
The Bigger Picture
Despite the current bearish sentiment, LSE:JUP ’s fundamentals remain robust, anchored by:
- Advanced DeFi Offerings: Jupiter’s ecosystem features swap aggregation, limit orders, DCA/TWAP tools, and perpetuals trading.
- Long-Term Potential: The airdrop and focus on user engagement could drive sustained interest and adoption.
Risks to Watch
- Continued selling pressure could drive LSE:JUP to test lower support levels, potentially dampening short-term investor confidence.
- Broader market bearishness, led by Bitcoin’s failure to cement a position above $100k, could limit upward momentum.
Conclusion
Jupiter DAO’s $860 million LSE:JUP airdrop is a groundbreaking initiative, emphasizing user engagement and governance in the DeFi space. However, bearish market conditions and short-term selling pressure have overshadowed this positive development, with LSE:JUP trading at $1.22 and nearing oversold territory.
Traders should watch for price action around the 65% Fib retracement level, which could offer a buying opportunity if selling pressure eases. For long-term investors, Jupiter’s robust ecosystem and commitment to community-driven growth position it as a promising player in the Solana DeFi landscape.
Will LSE:JUP rebound from its bearish spell or test new lows? The next few days will be crucial for its trajectory.
JUP /USDT Long Sl -11.33%JUP/USDT Long Setup
Reason:
Breakout of trend in LTF
Resting on Golden pocket.
Taken out almost all the possible Liquidity.
All indicators suggesting good bullish momentum.
Best Regards,
Crypto Panda
BINANCE:JUPUSDT.P
BYBIT:JUPUSDT.P
BITGET:JUPUSDT.P
MEXC:JUPUSDT.P
BINGX:JUPUSDT.P
JUPITER ($JUP) Big Breakout - December UpdateJupiter (JUP) appears to be on the brink of a breakout, as its recent consolidation pattern suggests it may be gearing up for its next leg up. Over the past few weeks, JUP has been trading within a defined range, with steady accumulation and strong support levels holding firm. This period of consolidation often indicates that buying pressure is building, setting the stage for a potential price surge once the coin breaks through key resistance levels.
Technical indicators are showing signs of bullish momentum, with increasing volume and favorable patterns in moving averages suggesting that JUP is primed for upward movement. Additionally, the broader market sentiment is leaning positive, which further adds to the bullish outlook for JUP.
If JUP can maintain its current structure and break through resistance, the next leg up could see significant price appreciation. As always, it's essential to keep an eye on market conditions and potential risk factors, but the technical setup is looking strong for a potential breakout in the near term.
Jupiter (JUP)As one of the industry's most advanced swap aggregation engines, Jupiter excels at delivering essential liquidity infrastructure for the Solana ecosystem.
Anyway, JUP is still young and few candles are available. However, JUP's chart shows promising future. JUP started with a classic 5 minor waves, went up and then correction started which took the price down to 0.618 Fib retracement level. Then JUP broke the downtrend line, and made a double bottom too. Let's see how high JUP can go.
TradeCityPro | JUP : Prepping for a Breakout👋Welcome to TradeCityPro!
In this analysis, I’ll be reviewing the JUP coin. This token is the native token of the Jupiter project, part of the Solana ecosystem, and operates in Solana’s DeFi space.
📅 Daily Timeframe: Breakout from the Box?
In the daily timeframe, we see a long-term box pattern ranging from a bottom at $0.6818 to a top at $1.2542, with the price currently at the upper limit of the box.
🧩 A rising trendline is also visible, with the price touching it three times so far, each time being pushed upwards.
📊 Buying volume has been increasing from the bottom of the box, and now, after reaching the resistance at $1.2542, the reducing volume during the correction indicates the strength of the trend.
🔼 If $1.2542 is broken, the next resistance level will be at $1.7463. Upon breaking $1.7463, it is highly likely that a new all-time high (ATH) will be achieved.
✨ The RSI indicator also shows a rising trendline, and as long as the price remains above this line, the momentum is considered bullish. If 63.41 on the RSI is broken, stronger bullish momentum is likely to enter the market.
📉 In a correction scenario, if the price trendline and the RSI trendline are broken, the first target will be $1.0289, and the second will be $0.8625.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, we can observe the price action in more detail.
📈 If $1.2542 is broken, the price can move towards $1.4619. This trigger looks highly favorable, and I will personally attempt to open a long position if the price stabilizes above this level.
🔽 For short positions, you can consider entering after the trendline and $1.0441 are broken, although I personally avoid opening short positions in the current market conditions.
🔑 As long as the RSI remains above 50, the likelihood of breaking $1.2542 increases.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$JUP Bullish Setup: Targeting $1.55BINANCE:JUPUSDT is looking strong above the $1 mark. As long as it holds above $1, I'm confident targeting $1.55.
This will be a week-long hold. Expecting CRYPTOCAP:BTC to stay above $96k to support this move. Invalidation is clearly depended on what MARKETSCOM:BITCOIN will do.
JUP SWING LONG IDEA - JUPITER COIN SWING LONG - SOLANA CHAINFundamental Analysis: JUP is the top DeFi project on the Solana chain. It’s a strong project and one of my favorite DeFi projects in all of crypto. I have confidence in their team and vision. Recently, we’ve seen strong momentum in JUP alongside SOL's bullish movement.
Technical Analysis: The price is coming from the monthly demand zone. The weekly demand zone supported the price after testing the monthly zone, and it has broken the diagonal bearish trendline that was responsible for the mid-term bearish trend.
We recently hit and got rejected at the diagonal trendline responsible for the long-term bearish momentum. I believe we’ll see a small retracement from here before taking off, potentially aiming for new all-time highs.
NOTHING !!The JUP is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Big bull move ahead?From my perspective, we can expect big bull move. I mean best way to make money within this martket is buy EVERY pullback (especialy if volume decreases) and let profit run to absolute non-sense price levels. Dont forget move your stop to protect your profit (i recomend last swing + xATR, last two swings, or below last value area)
JUPUSDT.P Long IdeaAfter 16hrs of candles open and close above 4hr 50ema, with RSI reset to 50; I feel confident to take this long with an invalidation below 4% (I know, I'm being too generous here), for a comfortable 11RR, targeting the 50% of an unfilled wick, right at the base of a supply liquidity pool.
JUPUSDT: Breakout from Falling wedge, 150% gain expected!!Join our community and start your crypto journey today for:
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Let's analyse JUPUSDT fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Jupiter (JUP) stands out as a cryptocurrency and decentralized exchange platform built on the Solana blockchain. Renowned for its advanced swap aggregation engine, Jupiter provides essential liquidity infrastructure, making it a cornerstone of the Solana ecosystem. The platform's versatility is showcased through its diverse DeFi product offerings, including Limit Orders, Dollar-Cost Averaging (DCA), Time-Weighted Average Price (TWAP), Bridge Comparator, and Perpetuals Trading.
TECHNICAL ANALYSIS:
JUPUSDT was previously confined within a falling wedge pattern. A breakout from this pattern has now been confirmed. The price is likely to experience a minor pullback before continuing its upward movement. The current price level is supported by all major EMAs like 50, 100 and 200 on the daily timeframe. Additionally, a strong support zone is evident at the lower boundary of the green channel.
Key Level:
Entry zone: $0.8785 to $0.8073
Lower Support: $0.7304 to $0.6615 (DCA here if above level breaks)
Targets:
$1.28
$1.76
$2.19
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Happy Trading!!
(JUP) LongFor my Jupiter (JUP) trade, I’m targeting a gain of 5.42%, using the 5-minute chart to track price action with a higher level of precision. I’ve calculated a confidence of 89% in this trade, based on my analysis and market conditions. If the market turns against me, I’m prepared to double down, adjusting my position to capitalize on a potential reversal. This strategy allows me to stay flexible and manage risk effectively while aiming for the desired return.
Jupiter (JUP) - "safe bet" - could be early daysKeep it simple remove all the noise.
The chart looks good!
As soon as jupiter has a close above 1.27 we have a new floor for continued explosive growth. I see Jupiter as one of the potentially big winners with relatively little risk compared to many others. As long as Solana continues to shine, so will Jupiter.
I think Jupiter lags a bit behind Solana and I think we may see a catch up phase soon.
$JUP Potential BreakoutJUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If CRYPTOCAP:BTC stabilizes or range a bit, this could create a space for altcoins to rally.
The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
Jupusdt Buy opportunityJupusdt has completed a correction in the form of a falling wedge, with the price already breaking out of this pattern.
The designated buy-back area offers a strong opportunity for accumulation, as we anticipate the start of a fresh impulsive wave from this point.
All potential targets are clearly outlined on the chart. A stop-loss zone is also provided to manage risk if the price fails to hold the current support.
Share your thoughts on this analysis. Thanks.