💎 This year, #JOEUSDT has demonstrated an impressive performance, showcasing a maximum growth of 439% since January. However, following this parabolic rise, there was a sharp decline, leading the price to correct down to a key demand zone.
💎 After a successful bounce from this support area, we are now witnessing higher highs and higher lows, with #JOE moving within an ascending channel. Yesterday, the price retraced back to the bottom of the channel but managed to close above it, indicating positive price action.
💎 This favorable price movement strengthens the probability of a continuation of the long-term uptrend. As long as the price remains above the C-wave of the previously established ABC correction, we can anticipate further upward movement. Two double Fibonacci resistance levels suggest a potential 50% price increase in the upcoming weeks.
💎 It's important for the bulls to remain vigilant, as a daily break below the ascending channel would be a first warning sign. However, it's crucial to note that only a break below the C-wave would invalidate the bullish outlook.
Our ParadiseClub members can count on us to stay watchful and keep them informed about any developments.
💎 After a successful bounce from this support area, we are now witnessing higher highs and higher lows, with #JOE moving within an ascending channel. Yesterday, the price retraced back to the bottom of the channel but managed to close above it, indicating positive price action.
💎 This favorable price movement strengthens the probability of a continuation of the long-term uptrend. As long as the price remains above the C-wave of the previously established ABC correction, we can anticipate further upward movement. Two double Fibonacci resistance levels suggest a potential 50% price increase in the upcoming weeks.
💎 It's important for the bulls to remain vigilant, as a daily break below the ascending channel would be a first warning sign. However, it's crucial to note that only a break below the C-wave would invalidate the bullish outlook.
Our ParadiseClub members can count on us to stay watchful and keep them informed about any developments.
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.