JUP /USDT Long Sl -11.33%JUP/USDT Long Setup
Reason:
Breakout of trend in LTF
Resting on Golden pocket.
Taken out almost all the possible Liquidity.
All indicators suggesting good bullish momentum.
Best Regards,
Crypto Panda
BINANCE:JUPUSDT.P
BYBIT:JUPUSDT.P
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BINGX:JUPUSDT.P
JUPUSDT
Jupiter (JUP)As one of the industry's most advanced swap aggregation engines, Jupiter excels at delivering essential liquidity infrastructure for the Solana ecosystem.
Anyway, JUP is still young and few candles are available. However, JUP's chart shows promising future. JUP started with a classic 5 minor waves, went up and then correction started which took the price down to 0.618 Fib retracement level. Then JUP broke the downtrend line, and made a double bottom too. Let's see how high JUP can go.
TradeCityPro | JUP : Prepping for a Breakout👋Welcome to TradeCityPro!
In this analysis, I’ll be reviewing the JUP coin. This token is the native token of the Jupiter project, part of the Solana ecosystem, and operates in Solana’s DeFi space.
📅 Daily Timeframe: Breakout from the Box?
In the daily timeframe, we see a long-term box pattern ranging from a bottom at $0.6818 to a top at $1.2542, with the price currently at the upper limit of the box.
🧩 A rising trendline is also visible, with the price touching it three times so far, each time being pushed upwards.
📊 Buying volume has been increasing from the bottom of the box, and now, after reaching the resistance at $1.2542, the reducing volume during the correction indicates the strength of the trend.
🔼 If $1.2542 is broken, the next resistance level will be at $1.7463. Upon breaking $1.7463, it is highly likely that a new all-time high (ATH) will be achieved.
✨ The RSI indicator also shows a rising trendline, and as long as the price remains above this line, the momentum is considered bullish. If 63.41 on the RSI is broken, stronger bullish momentum is likely to enter the market.
📉 In a correction scenario, if the price trendline and the RSI trendline are broken, the first target will be $1.0289, and the second will be $0.8625.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, we can observe the price action in more detail.
📈 If $1.2542 is broken, the price can move towards $1.4619. This trigger looks highly favorable, and I will personally attempt to open a long position if the price stabilizes above this level.
🔽 For short positions, you can consider entering after the trendline and $1.0441 are broken, although I personally avoid opening short positions in the current market conditions.
🔑 As long as the RSI remains above 50, the likelihood of breaking $1.2542 increases.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$JUP Bullish Setup: Targeting $1.55BINANCE:JUPUSDT is looking strong above the $1 mark. As long as it holds above $1, I'm confident targeting $1.55.
This will be a week-long hold. Expecting CRYPTOCAP:BTC to stay above $96k to support this move. Invalidation is clearly depended on what MARKETSCOM:BITCOIN will do.
Jupiter (JUP) - "safe bet" - could be early daysKeep it simple remove all the noise.
The chart looks good!
As soon as jupiter has a close above 1.27 we have a new floor for continued explosive growth. I see Jupiter as one of the potentially big winners with relatively little risk compared to many others. As long as Solana continues to shine, so will Jupiter.
I think Jupiter lags a bit behind Solana and I think we may see a catch up phase soon.
$JUP Potential BreakoutJUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If CRYPTOCAP:BTC stabilizes or range a bit, this could create a space for altcoins to rally.
The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
Late to the Game, but JUP's Weekly Trend is Too Good to IgnoreI’m a bit late to this one, but the trend has been confirmed since last week's close. I should have jumped in when I did with $RAY.
Now we have two options:
Buy on a reclaim of $1.11, with a clear invalidation if it falls below that level, or wait for confirmation on a 12-hour trend.
An unlikely retest at 92c. If that occurs, I’ll scale in from there, but I doubt we’ll see that opportunity.
Targets are set at $1.65 and $3, extending all the way to January 2025. The trend looks strong, making this an easy trade, similar to NASDAQ:RAY and SOLANA.
LSE:JUP Weekly trend active!
Jupiter JUP price - the most interesting is yet to come!The last time we were published an idea for #JUP 6 months ago, where we predicted a price drop from $1.30 to $0.67-0.68 and recommended placing pending limit orders there 👇
Those who listened should be happy with their profits now.
🧑🚀 But in general, if we analyze the price chart of the #Jupiter token, we can assume that the most interesting things are yet to come, because it seems that the coin has been actively accumulating for the last 4 months.
🔼 So, we can try to take a long OKX:JUPUSDT in the range of $0.81-0.89 with a medium-term growth prospect of at least +120%.
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JUP/USDT is on the verge of a big breakout! 🚀 JUP/USDT is on the verge of a big breakout! 🚀
The JUP/USDT trading pair is currently showing strong signs of a potential breakout as it tests a crucial resistance level. 📈 A successful breakout above this level could ignite a powerful bullish rally, potentially driving prices much higher. Here's a detailed breakdown of what to watch for and why it matters. 🔥
What to watch for:
- Key resistance levels: The price is nearing a critical resistance zone that has previously acted as a barrier for upward movement. If JUP/USDT breaks above this level, it could mark the beginning of a new bullish trend, opening the door for significant upward momentum. This breakout could attract more buyers, further fueling the rally. 🚀
- Trading volume: Pay attention to the trading volume. If we see a surge in volume alongside a breakout, it suggests stronger market conviction, with buyers stepping in aggressively to push the price higher. A high-volume breakout is generally considered more sustainable and less prone to a quick reversal. 📊
- Market sentiment: Broader market trends and sentiment in the cryptocurrency space can play a crucial role. If the overall market is showing signs of recovery or strength, it could support a breakout in JUP/USDT, making it more likely that the rally will continue. Conversely, if sentiment is bearish, any breakout may face additional resistance or be short-lived. 🏦
Why this setup matters:
A breakout above the current resistance level could signal a trend reversal or the continuation of a broader upward trend for JUP/USDT. For traders, this could mean the opportunity to capitalize on significant gains if the bullish momentum picks up. Monitoring these factors closely can help determine the strength and sustainability of the potential breakout. 🧐
⚠️ Disclaimer: This is not financial advice. Always do your own research (DYOR) before making any investment decisions, and ensure you have a proper risk management strategy in place.
Building Swing Spot for JUPBuilding Swing Spot for JUP
Buy zone: 0.85-0.83, DCA 0.71 if necessary
Invalidation: D chart clean break below 0.71
TP: 0.96, 1.2, 1.8
Reason:
Narratives:
- SOL memecoins are getting a lot of interest, DEX like JUP and RAY are in the spotlight
Technical:
- Expecting a breakout from the daily trend
- Prices consolidate in the golden pocket zone from the current range (0.85-0.83)
- Stoch comes into mid-range and ready to cross up
JUPUSDTLSE:JUP ~ 1D
#JUP If you ask us, when will the price of LSE:JUP increase. you should look at this chart. You can see this decreasing pattern in the 1D Time frame. The bulls will return if this pattern is successfully broken.
The best strategy for now, Buy gradually inside this pattern. or wait for this pattern to be successfully broken and you can start buying afterwards.
JUPUSDT long using proprietary multi-timeframe trend detectionI'm executing this on H4 and D1/D3 time frames as this is a swing that should take 3 to 9 days to play out. I am also taking into account H1 short term trend, which has failed to hold on this second retest of the H4 sort term trend, and thus needs to be reclaimed.
Entry: 0.8576
SL: 0.8356
TP: 1.0976
Upon clearing D1 resistance that lies between 0.95-0.99 and taking out the prior two highs, which failed to break out, I'll move the SL to BE and actively monitor the area. Should the rally fail there I may exit manually.
H4 close above 0.87 would be a fantastic show of strength here.
Here is the htf view I've laid out:
#JUP/USDT#JUP
The price is moving in a descending channel on the hourly frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.7000
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.870
First target 1.00
Second target 1.10
Third target 1.22
JUP zones for accumulation JUP zones for accumulation BINANCE:JUPUSDT
Solana will perform I think to the main marked targets and in this case Jup and all sol meme coins ecosystem will perform I think well!
Possible Targets and explanation idea
➡️Based on my IAP model we are still didnt tested 2 main accumulation zones
but its not an necessarily we should test it! JUP hold the line and levels pretty strong
➡️D timeframe Trade ON indicator sales was in spring 2024. now only recommendation to buy back (triangles)
➡️Perfect scenario of course its a test of buy line on Take Profit indicator
➡️Need to see money inflow in JUP sooner or later on D but more important money and liquidity inflow on Weekly!
➡️Take profit marked on a chart! I think till 14 October we will see or take profit or buy line test!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here.
Entry Range: Current Market Price (CMP) and add more up to $0.72
Targets: $1.04 / $1.32 / $1.68 / $1.96
Stop Loss: $0.59
What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
JUPUSDT Breaks Trend Line: Ready for a Major Upswing?JUPUSDT has hit support multiple times and has now successfully broken its trend line, setting the stage for a significant upmove following a brief retracement. As a fundamentally strong project, JUP presents a promising opportunity with the potential for a 2x return from current levels.
Keep a close watch on price action, and remember to implement your stop-loss strategy to manage risk effectively. This could be the start of an exciting rally—don’t miss out!
JUPUSDT Currently trading at $0.92
Buy level: Above $0.92
Stop loss: Below $0.77
TP1: $1
TP2: $1.2
TP3: $1.5
TP4: $1.85
Max Leverage 3x
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