JUPUST trade ideas
JUO BREAKOUT? POSITIONING One could consider that my entry on this trade is a little bit aggressive, been a while i took aggressive entries.
However, the basis for this trade is a conditioned breakout.
Having seen JUP trade below the 0.88 region for a long while and having to flip the zone with a good momentum, i wish it nothing but the best in it's ride. I'd be taking a long at this range.
Invalidation remains just beneath the breakout candle.
Trade wisely
Trader45
Can $JUP Pull a $UNI RunAs I shared before I was aggressively buying JUP at 0.4$ levels and I'm still holding.
You can start accumulating anything below 1.5$ as in the chart.
My final target is 4.89$ as in the chart (X10 from my entry), I believe JUP will go higher than that because 👇
If we compare JUP to UNI.
Jupiter current trading volume is higher than UNI's average trading volume in 2021.
The hype surrounding Solana in 2024 is similar to the hype surrounding Ethereum in 2021.
PLEASE DYOR AND THIS IS NOT A FA.
Jupiter on course to new ATHs in the near futureThere's many signs that suggest a major trend reversal:
1) Double bottom
2) Previous resistance line acted as support for the previous 2 lows, extremely precisely as well
3) Lower 0.618 St. Deviation Band of the all time VWAP acted as a support again
4) Bullish divergence on volume weighted RSI 4H
5) Price broke through the resistance line and just got retested, this also aligns with the 0.236 Fib extension level
Fundamentals are great as well. Nearly half the volume on Solana comes from the Jupiter aggregator. JUP is one of the most held tokens on the network. The team is very active with updates and fixes. A 30% supply burn is planned.
TP targets are the 1.618 of the Fib extension (which happens to be just above ATH) and $2.
I think JUP has the potential to go much higher, but there's likely to be a pullback if these levels are reached, which would be an opportunity to re-enter.
If we go down from here it remains bullish as long as price doesn't go below the first green zone, if it does I would expect a further drop to the second zone.
JUPUSDT Bullish Long Daily TimeFrameJUPUSDT has been consolidating in the area between the 0,73-0,78, trying to break the resistance that is seating in the 0,8 level.Today, we got the confirmation on the MACD, in the Daily Timeframe, with the signal line being crossed. On the way down, JUP left an area that was not tested between the 0,9-0,95 that could lead the bulls wanting to test that price area. On the way, we expect some strong resistance levels seating on the levels of the 0,84 and 0,9. And if we manage to hold this levels, there is still potential to hit the 1usdt and more. Huge potential trade with low risk considering the market sentiment shit.
$JUP to + $1.00posted an expanded flat idea earlier saying that either:
a) bottom for LSE:JUP is in
or
b) bottom soon (expanded flat means leg 'c' can retrace past 'a'
i think we have finally terminated 'c'.
fib extension of wave 1 to 2 shows that leg 3 can potentially be as high as + $1.00
break above the parallel upper band would give me confirmation that wave 3 is confirmed.
$JUP local bottom; $1.20 is next target.looks like we are in a corrective wave 2, which to me seems to be an expanded flat correction. we can see 'b' pass the origin price corrective wave 2. 'c' is either completed and we rally to $1.20 (fib extension from wave 1 to 2), or 'c' is currently being terminated and we should locally bottom here soon.
Jupiter Main Downtrend Channel JUPJup price using this channel since its all-time-high. Recently price using mid line of the channel as resistance.
If the price can surpass that mid line with $0.835 - $0.84 breakout it will continue to follow white uptrend channel and will want to go to the top line of channel.
If it continue to fail to break there, it will want to go to the bottom line of the channel.
Currently it's rejecting and let's see what will happen.
JUP looks bearish (12H)From where we put the red arrow on the chart, it looks like a correction pattern has started.
According to the price and time rules, it seems that this pattern is a diametric.
It seems that the d wave of this diametric is over now.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Jupiter - Bulls dominating!Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength.
Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.
Short position on JUPUSDT 49Min/ Trading setupBINANCE:JUPUSDT
BITSTAMP:JUPUSD
SL2 ---- Mid-risk status: 4x-5x Leverage
SL1 ---- Low-risk status: 2x-3x Leverage
⚡️TP:
1.075
1.068
1.055
1.045
1.035
1.025
1.012
0.989(In Optimistic Scenario)
➡️SL:
1.186
1.144
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
JUP/USDT Looking Good To Enter!After creating a wick downward retesting the dynamic and horizontal structure on the daily timeframe, JUP/USDT is looking very bullish! I'm expecting a possible bullish engulfing candle today and continuation to the upside.
If you are looking to enter JUP in a spot position, this is a good time to do so as I believe we might see a new all-time high (ATH) in the coming months!
#JUP/USDT#JUP
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.600
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 1.10
First target 1.28
Second target 1.52
Third target 1.80
Will JUPUSDT Continue Its Bullish Reversal or Face a Downturn?Yello, Paradisers! Is #JUPUSDT poised for a bullish breakout, or are we heading towards a significant retest and possible downturn? Let’s dive in!
💎#JUP has shown a promising sign of a bullish reversal by breaking out of the descending resistance. However, the current price appears to be facing resistance, suggesting a potential retest at the support level of 0.872 before attempting another breakout to hit our target area.
💎If JUP manages to break through the resistance without retesting the support first, the likelihood of an upward movement and continuation of the bullish trend increases significantly.
💎On the downside, if JUP fails to bounce when retesting the support area, the price might revisit the strong demand zone. Historically, JUP has consistently rebounded from this zone, but failure to sustain the strong demand area around 0.68 could invalidate the bullish outlook. This would indicate a bearish trend, with the price potentially moving further downward and dipping.
Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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Successful Breakout Can Lead Solid Bullish Wave Towards 2$ In Coming Days