ANALYSIS 🔎 - JUVUSDT brokeout above the double bottom (DB) neckline resistance (NR). - The market hit a swing high and retraced. - Price is retesting the neckline resistance (NR) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There is a relatively high concentration of buyers at the retest zone (High buying pressure). - The retracement is resisted...
JUV is having a correction to 10$ zone to re-test this area before rebounding to conquer 13$ zone and rising to 15$ or even 20$ in this February. 📈BUY -Buy: 9.8-10.2$. SL if B 📉SELL -Sell: 12.7-13.3$. SL if A -Sell: 14.7-15.3$. SL if A -Sell: 19.5-20.5$. SL if A ♻️BACK-UP -Buy: 8.8-9.2$. SL if B ❓Details Condition A : "If 8H candle closes ABOVE this...
JUV/USDT so far shows a typical Binance listing pattern where it peaks shortly after the listing and bleeds afterwards into a parabolic recovery. The Juventus Fan token is capped by 20million tokens which isn't much at all considering the amount of Juventus supporters. The support level is around 7-8$ which makes it a great entry at this very moment.