$JCT - yesterday I didn’t have time to write about it because I was trading on my phone with a poor connection, but today I can say more about it. Although the coin has gained +700% in two days, my opinion is that its rally isn’t over yet. Here’s why: almost 60% of top traders’ capital is in longs; the ratio even increased by this morning (yesterday it was 56), and the chart didn’t crash to zero within a day but instead held in a logical resistance zone of 0.0075–0.0085. So I placed a limit order at 0.008. If it gets filled, I’ll decide as things unfold whether to add more limit orders or a stop-loss. The optimistic scenario is a downward wick followed by an upward move, now somewhere around 0.028–0.030. The pessimistic scenario is that it does eventually fall to zero. We need to monitor open interest and the behavior of top capital, and react accordingly if they change. The more neutral scenario is an extended sideways movement that eventually develops into the optimistic scenario.

Disclaimer: this is solely my personal analysis, not financial advice.

Always do your own research and trade with a clear head, following your own risk-management rules.

Subscribe to AdapTrading—I post lots of interesting setups!


#JCT #JCTUSDT #fomcвідстеження #PLN #profit