$JUP #JupiterExploration jup looks like already to fly F | 19M on Binance Square

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$JUP   #JupiterExploration  jup looks like already to fly 
First target        1,52 
Second target. 1.66 
Third target       1.8 
Moon shoot  2
Happy trade 

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⛔️ Falling Wedge Pattern: • The descending triangle you mentioned can also be interpreted as a falling wedge, which is a bullish reversal pattern. A falling wedge indicates that the price is likely to break out to the upside. 2. Pivot Points: • The chart shows several pivot points that can act as future resistance levels in case of a bullish breakout. The key levels to watch are around 2.382 (R1), 2.700 (0.5), and higher. 3. Indicators: • MACD: While the MACD is currently bearish, a crossover above the signal line could signal a bullish reversal. • Volume: If there’s an increase in volume on the breakout from the falling wedge, it would confirm the bullish momentum. 4. Price Action: • The price is currently hovering around 1.916 USDT, close to the lower boundary of the wedge. A breakout above the upper boundary of the wedge with strong volume would be a bullish signal. 5. Potential Scenarios: • Bullish Breakout: If the price breaks out above the upper boundary of the falling wedge, it could target resistance levels at 2.382 (R1), 2.700 (0.5), and higher pivot points. • Confirmation: Traders should look for a close above the wedge and increased buying volume as confirmation of the breakout. $BTC $SOL $HIGH #TraderAlert #CryptoTradingGuide

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