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Jtousdtlong

#JTO/USDT Forming Bullish Wave #JTO The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel. This support is at 1.73. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 1.65, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 1.92. First target: 2.046. Second target: 2.15. Third target: 2.28. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#JTO/USDT#JTO The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2.08. We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are heading toward stability above the 100 Moving Average. Entry price: 2.136 First target: 2.22 Second target: 2.32 Third target: 2.40
Long
by CryptoAnalystSignal
JTOUSDT Approaches Falling Wedge Breakout – Bullish Reversal?The chart indicates a major descending trendline resistance that has been tested multiple times since December 2024. Price action shows strong compression toward this resistance, suggesting a possible breakout moment. 🔄 Pattern Analysis: Falling Wedge A Falling Wedge pattern is clearly visible: This pattern typically signifies bullish reversal potential when formed in a downtrend. Volume generally declines during the pattern and expands on the breakout. The wedge begins around $3.97 and narrows down toward $2.18, where the current price action sits. ✅ Bullish Scenario: If price breaks above the wedge resistance convincingly: Breakout Confirmation Level: Around $2.42 (above the trendline and horizontal resistance) Targets after breakout: 🎯 $2.73 – First major resistance 🎯 $3.39 – Mid-level resistance from previous structure 🎯 $3.97 – Key horizontal resistance and final wedge origin 🚀 Potential extension to $4.34 (previous swing high) This would indicate a strong bullish trend resumption, especially if accompanied by high volume. ❌ Bearish Scenario: If price fails to break above the wedge: Possible rejection at $2.42, leading to: 🔻 Retest of support at $2.18 🔻 Further decline toward $1.40, the significant previous low A breakdown below $2.18 would invalidate the wedge breakout and confirm bearish continuation. ⚠️ Key Technical Levels: Support Zones: $2.18 – $1.40 Resistance Zones: $2.42 – $2.73 – $3.39 – $3.97 – $4.34 Pattern: Falling Wedge (Bullish Bias) 📌 Conclusion: JTO/USDT is approaching a make-or-break zone. A successful breakout from the wedge could trigger a strong bullish rally, while failure may lead to further downside. Traders should monitor for volume confirmation on the breakout to validate direction. #JTOUSDT #CryptoBreakout #FallingWedge #AltcoinAnalysis #CryptoTrading #BullishSetup #TechnicalAnalysis #ChartPattern #CryptoSignals
Long
by CryptoNuclear
#JTO/USDT#JTO The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 1.95, acting as strong support from which the price can rebound. Entry price: 2.00 First target: 2.057 Second target: 2.11 Third target: 2.19
Long
by CryptoAnalystSignal
#JTO/USDT#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 higher at the discount Entry price is 1.60 First goal 2.22 The second goal is 2.55 Third goal 2.94
Long
by CryptoAnalystSignal