#Jupiter $JUP – Classic Short-Term Bullish Setup Leading to a Break Into New Highs
Price completed a 3-wave pullback (ABC) into the buying area of $0.27 – $0.26, which coincides with the previous highs from early September that turned into support after the breakout.
As long as it stays above $0.27, further upside is expected toward the target area at $0.33.
That area could produce another pullback, which could turn into a deeper correction unless bulls hold the levels and push higher again next month.
#Crypto #Trading #ElliottWave
Price completed a 3-wave pullback (ABC) into the buying area of $0.27 – $0.26, which coincides with the previous highs from early September that turned into support after the breakout.
As long as it stays above $0.27, further upside is expected toward the target area at $0.33.
That area could produce another pullback, which could turn into a deeper correction unless bulls hold the levels and push higher again next month.
#Crypto #Trading #ElliottWave
