$JCT 🚀 Detailed analysis of the bull scenario on JCT/USDT
Storming local highs. Fixing above the zone 0.0048 - 0.0050 $ will be a key trigger for the continuation of the impulse.
Detailed analysis of goals for long positions:
1️⃣ First goal: 0.00537 $
What is this level: This is the nearest resistance zone formed on the approach to the maximum in 24 hours (0.005174 $) and immediately behind it.
What to expect: If the current values are broken, the price will quickly reach this barrier. Here it is possible to fix part of the profit (take-profit) or transfer the stop-loss to break-even, as some market participants will begin to record short-term profit after +90% growth.
2️⃣ Second goal: 0.00620 $
What is this level: Psychological mark and medium-term liquidity zone.
What to expect: If buyers can overcome the first resistance and trading volumes ($810 million USDT per daily volume) remain at a high level, the coin will get an impetus to accelerate. At this level, it is recommended to close the main part of the position, as the risk of strong technical correction will increase here.
3️⃣ Third goal: 0.00750 $
What is this level: Fibonacci expansion grid target for impulse breakthroughs (on older timeframes).
What to expect: This is an ambitious goal for a strong trend movement, which is implemented only if the asset continues to hold the overall attention of the market and stays above the previous resistance levels.
Storming local highs. Fixing above the zone 0.0048 - 0.0050 $ will be a key trigger for the continuation of the impulse.
Detailed analysis of goals for long positions:
1️⃣ First goal: 0.00537 $
What is this level: This is the nearest resistance zone formed on the approach to the maximum in 24 hours (0.005174 $) and immediately behind it.
What to expect: If the current values are broken, the price will quickly reach this barrier. Here it is possible to fix part of the profit (take-profit) or transfer the stop-loss to break-even, as some market participants will begin to record short-term profit after +90% growth.
2️⃣ Second goal: 0.00620 $
What is this level: Psychological mark and medium-term liquidity zone.
What to expect: If buyers can overcome the first resistance and trading volumes ($810 million USDT per daily volume) remain at a high level, the coin will get an impetus to accelerate. At this level, it is recommended to close the main part of the position, as the risk of strong technical correction will increase here.
3️⃣ Third goal: 0.00750 $
What is this level: Fibonacci expansion grid target for impulse breakthroughs (on older timeframes).
What to expect: This is an ambitious goal for a strong trend movement, which is implemented only if the asset continues to hold the overall attention of the market and stays above the previous resistance levels.