$JCT 📉 What the eye sees:
After a powerful impulse up to the mark of $0.00916, the asset went into a natural correction, but now it has found support in the area of the MA(25) moving average and is trying to turn around. RSI is kept in the neutral zone (47-55), which means that there is still fuel for a new jerk, the market is not overheated.
🎯 Where are we aiming in the long?
If you go from the current levels, the potential looks like this:
Take 1: Area $0.0055 - $0.0061 (+10-20% profit) - the first resistance zone and the intersection with the fast MA(7).
Take 2: Level $0.0078 (+54%) - previous local high.
Take 3: Retest the peak at $0.0091 (+81%) for the most patient.
🛡 And where to put the straw?
Risk is our everything, so we can't forget about stop-loss. It is logical to hide it behind a strong support zone just below $0.0039 - $0.0040. Let's fly lower - it's better to sit
After a powerful impulse up to the mark of $0.00916, the asset went into a natural correction, but now it has found support in the area of the MA(25) moving average and is trying to turn around. RSI is kept in the neutral zone (47-55), which means that there is still fuel for a new jerk, the market is not overheated.
🎯 Where are we aiming in the long?
If you go from the current levels, the potential looks like this:
Take 1: Area $0.0055 - $0.0061 (+10-20% profit) - the first resistance zone and the intersection with the fast MA(7).
Take 2: Level $0.0078 (+54%) - previous local high.
Take 3: Retest the peak at $0.0091 (+81%) for the most patient.
🛡 And where to put the straw?
Risk is our everything, so we can't forget about stop-loss. It is logical to hide it behind a strong support zone just below $0.0039 - $0.0040. Let's fly lower - it's better to sit