For the safety of your funds, please stop trading $JTO now!
As I have previously analyzed, the price decline caused by the lack of buyer power has now fallen to structural support, and according to normal logic, it is better to buy and take advantage of the rise.
But for this target, the resistance structure above is complicated. Unless there is a push from the news, you want to gain by going long. The process will be bumpy!
(You can almost say that a little increase is resistance, a little rise is resistance)
So, if you're a short-term trader, switch targets, that's the only thing I recommend you do, but if you're prepared to hold on to the risk that you didn't see my prompt a few hours ago, I continue to wish you the best of luck for the rest ~
LIVEAs one of the hottest tokens on the secondary market in recent times, it is clearly not doing much better as the broader market goes down
Especially now, although it temporarily broke the downtrend and broke the downtrend line ahead, obviously the strength of the breakthrough is very small.
Plus the strong resistance area between 3.3 and 3.5, I would rather trade the target than do anything else.
We look at the smaller cycles, which are also showing the first signs of decline, and it is clear that the buyer does not have the strength to penetrate the resistance ahead.
The RSI indicator in the chart of the current cycle (1H) is also in line with the turn of the head down.
Those who are still in positions pay attention to the risk
#AVAX
