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JUP / TetherUS

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JUPUSDT trade ideas

Jupusdt showing great opportunity againJupusdt is once again displaying signs of forming a potential rounding bottom pattern after the correction phase following the achievement of our target for the primary rounding bottom, which yielded significant rewards in our previous analysis. Our plans entails buying from the buy-back zone and focusing on the provided targets. These targets will come into play once the immediate neckline, acting as strong resistance, is breached. We advocate for implementing a tight stop loss to manage risk effectively. We value your insights and opinions on Jupusdt and welcome further discussion on this coin.
by weslad
7
JUP/USDT Breakout Alert!! Bullish momentum for JUP movement.💎 Paradisers, #JUP is indeed a coin worth monitoring closely. 💎 JUP has successfully broken out of the ascending triangle pattern, signaling bullish momentum for continued upward movement. 💎 Currently, the price is consolidating around the support area, which previously served as resistance within the ascending triangle. If the price can bounce from this support, there's potential for further upward movement towards the resistance at 1.46 area. 💎 Breaking this resistance is crucial for JUP to sustain its upward trajectory and potentially reach our target strong resistance area. 💎 However, if JUP fails to bounce from the support and even breaks down below it, it could signal a fakeout in the pattern, which is a negative sign. In such a scenario, the price may retreat to test the demand area around $1. 💎 The demand area holds significant importance as it needs to sustain and initiate a bounce to reclaim the price above the support for the continuation of the upward movement. If JUP fails to achieve this and breaks below the demand area and the support trendline, it would confirm bullish invalidation and potentially lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
4
Jupiter Comeback After Finding Support, Eyes $1.30Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks. However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06 , currently facing resistance. A decisive break above this level could propel JUP towards $1.30 .
Long
by Z4F4R
JUPUSDT (Bullish)The chart combines multiple technical analysis methods, including Elliott Wave Theory, Harmonic Patterns, and Fibonacci retracement levels, to provide a comprehensive analysis. The Gartley pattern is a bullish reversal pattern, indicating that the price might increase from the current level around 1.02, especially if it confirms the D point and the 0.618 retracement level. The corrective wave (A) (B) (C) aligns with typical Elliott Wave theory, suggesting the price might now seek a new impulse wave if it follows the typical wave pattern behavior. The significant Fibonacci retracement levels, particularly the 0.618 level, add further validation to the potential reversal zone indicated by the harmonic pattern. -If the Gartley pattern and Fibonacci retracement levels hold, it indicates a potential bullish reversal from the current levels.
Long
by Erald1
JUP target $184h time frame - JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from those trading on Solana, it will be a positive assistance for consistent pump until JUP reaches a reasonable market cap. - Bull target: $18~$20
Long
by EthanTW