BINANCE: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 :...
Hello 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...
#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...
#JTO
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 3.60
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 3.75
First goal 4.33
Second goal 4.66
The...
A very important zone (4.8 - 5.3) $ has formed a resistance level in the past and is now ripe for a breakout.
There are a few scenarios that could play out:
Breakout of this zone (4.8 - 5.3) $ followed by a pullback and move towards the first target zone (8.4 - 9)$.
Or hit the area ($4.8-5.3) and then we can correct
Keep in mind that as long as we are above...
Jto has clean chart. Below sell side liquidity there is FVG which is my entry point. Price can pump towards higher liquidity after grabbing lower SSL around marked FVG.
