JTO ANALYSIS (4H)It seems that the price is in a large range, which is moving from the upper part to the lower part of this range.
The green range is a support range.
The price can move from this range to the targets.
The targets are clear on the picture.
Closing a daily candle below 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
JTOUSDT.PS trade ideas
#JTO/USDT#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 third goal is 5.00
JTO ,Will we grow before the 59% correction?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 ($4.8-5.3) and then we can correct
Keep in mind that as long as we are above the uptrend line, this currency will be in an uptrend.
And after breaking out of the main zone (4.8 - 5.3) dollars, we can consider the final target (12.5 - 13.5) dollars based on Fibonacci.
Of course, there is still a lot of time before the final target.
This is an analysis and not financial advice. Please do your own research before trading.
Jto idea updateJto chart was shared few days back. It played very well, idea was right and direction was aslo right and also price came below and took liquidity (SSL).But unfortunately didnt filled our marked entry point. Now I am looking for another liquidity sweep around SSL that i have also marked then towards 6$
JTOUSDT IDEAHello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring JTOUSDT for a buying opportunity,
JTOUSDT UPDATE
Moving As Expected Moving Towards Our Targets Running In almost +15% Profit So Far 💥
Still long way to go 💹✴️✅
$JTO BREAKOUT bullish symmetrical triangle in 1D ** CRYPTOCAP:JTO BREAKOUT bullish symmetrical triangle in 1D **
`To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the triangle pattern. Use stop-loss orders to manage risk in case of a false breakout.`
