$JTO - update: 🚨🚨🚨
🔴Bearish breakout on the H4!
🔴The price made a 15% pump toward the 4.50$ level. It towards $4.50 but was heavily rejected! Hope that you booked your profits 🔥
🔴I'm expecting a drop to the $3.30 support level, which also corresponds to the 50% fib level📉
🔴A double top weekly is also possible on the LS. If the 3.800$ support isn't holding, this could also lead to another dump toward the 3.00$ area!
🔴The daily candle looks also like a bearish engulfing 📉 (to be confirmed)
The recent hype on #JTO can be over ❗️
For those of you who bought in the $3,800 area mentioned in my previous analysis, I recommend closing with gains, or break-even! #DYOR
