#JUP is moving inside an ascending channel on the daily chart, and it also appears to be forming a Rounding Bottom Pattern within the same timeframe.
It has recently bounced from the midline of the channel and the daily EMA50, and is now facing the daily EMA200.
In case of a breakout above the EMA200, the upside targets are:
🎯 $0.6660
🎯 $0.7785
🎯 $0.8910
🎯 $1.0371
🎯 $1.1249
⚠️ As always, use a tight stop-loss and apply proper risk management.
It has recently bounced from the midline of the channel and the daily EMA50, and is now facing the daily EMA200.
In case of a breakout above the EMA200, the upside targets are:
🎯 $0.6660
🎯 $0.7785
🎯 $0.8910
🎯 $1.0371
🎯 $1.1249
⚠️ As always, use a tight stop-loss and apply proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.