JUP is stuck in a downward channel and nowadays is challenging the middle line. I predict some days of fluctuation around the line and turns it a support dynamic line. Touching the bottom line of channel seems far from my prediction.
Note
Unfortunately, touched the bottom line of channel and returned to the middle line. the channel is valid yet
Trade active
After touching the bottom line, the price moved toward the middle line.
Trade active
JUP broke the middle line again however the volume is not sufficient and a pull back is inevitable. I hope the upcoming red candle remains above the middle line.
Trade closed: target reached
JUP finally exited the declining channel and confirmed the channel with a pull back. A new ATH is accessible soon
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.