Jupiter / USDT
Long
Updated

Jupiter (JUP)

534
As one of the industry's most advanced swap aggregation engines, Jupiter excels at delivering essential liquidity infrastructure for the Solana ecosystem.

Anyway, JUP is still young and few candles are available. However, JUP's chart shows promising future. JUP started with a classic 5 minor waves, went up and then correction started which took the price down to 0.618 Fib retracement level. Then JUP broke the downtrend line, and made a double bottom too. Let's see how high JUP can go.
Note
snapshot

So, it seems JUP's correction pattern is a complex one consisting of a flat triangle. Let's see when JUP the triangle upward.
Trade active
snapshot
So, JUP's correction unfolded in a triangular pattern. Recently, JUP broke the correction pattern and is going up. Let's see how high JUP can go.

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