๐ JTO has recently exhibited noteworthy market dynamics by breaking out of the symmetrical triangle pattern, signaling a potential bullish momentum.
๐ However, JTO faces another challenge: breaking above the supply area, which could lead to the price reaching our target in the Bearish OB area.
๐ If JTO fails to break above the supply area and the price retreats to the trendline of the pattern, this could indicate a false breakout and the potential for continued downward movement toward the demand area.
๐ The demand area is of utmost importance, as a failure to bounce when reaching this level, or a breakdown below it, could result in JTO reverting back to a bearish trend and experiencing further downward movement.
๐ However, JTO faces another challenge: breaking above the supply area, which could lead to the price reaching our target in the Bearish OB area.
๐ If JTO fails to break above the supply area and the price retreats to the trendline of the pattern, this could indicate a false breakout and the potential for continued downward movement toward the demand area.
๐ The demand area is of utmost importance, as a failure to bounce when reaching this level, or a breakdown below it, could result in JTO reverting back to a bearish trend and experiencing further downward movement.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE๐ t.me/+IaNzEzXsdiBlNDg0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE๐ t.me/+IaNzEzXsdiBlNDg0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV