JOE looks like a great setup here!Traders,
I'm a bit over-weighted in my public portfolio rn, but I really do like this setup in the DeFi coin JOE.
Bullish Indicators:
*Hidden Bullish Divergence on RSI
*Close to Bullish Triangle Exit
*Above the 200 Day MA
Bearish Indicators:
*Under the June 4th Crash Level
*Possible re-trace to bottom of triangle
If I were to enter here, I'd have a Risk/Reward ration of 3/1 - pretty decent!
My target would be that Pivot Low from Jan '22
And I'd put a stop limit just under that .27 cents level at .25 ish.
The profit potential here of over 90% with no leverage on this setup is amazing!
None of this should be construed as financial advice. This was an exercise in conjecture if I were to throw my remaining public portfolio cash at this trade.
Best,
Stew
JOE
SasanSeifi 💁♂️JOE/USDT👉4H🔻Hey there,
◼As you can see in the 4-hour time frame, the price has been accompanied by a corrective trend within the range of 0.45. Considering the breakthrough of the low support level at 0.3640, we can expect the price to range towards the support level at 0.34 and the bullish breaker block range, followed by a correction.
◼ To better understand the continuation of the price trend, we need to observe how the price reacts to the support levels . It's possible to witness a positive price reaction around the support level
Important resistance levels to watch out for are 0.38 and 0.39.‼❗
❎ (DYOR)...⚠️⚜️
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
🔶Wishing you successful trading and profitable opportunities! If you have any further questions or require additional assistance, feel free to ask.✌
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
JOE token formed bullish BAT for upto 12.50% moveHi dear friends, hope you are well and welcome to the new trade setup of JOE token with US Dollar pair.
Previously we caught almost 50% pump of JOE as below:
Now on a 4-hour time frame, JOE has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#JOEUSDT: A Remarkable 439% Growth and a Promising Future💎 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.
Bearish Flag Alert: #JOEUSDT Analysis and Projections💎 #JOEUSDT has recently broken below an ascending channel, indicating a potential Bearish Flag pattern. However, it's important to note that the price has not yet breached the key demand zone near the psychological level of $0.3. As a result, while the probability has shifted in favor of the sellers, we may still anticipate an extended consolidation period before witnessing a decisive break below the critical support.
💎 In the bearish scenario, we can expect #JOEUSDT to experience a possible pullback, with price either testing the resistance level identified by the Volume Profile or the 61.8% Fibonacci level. Nevertheless, we must also consider the possibility of a continuation of the rapid downward movement. Bears could potentially drive the price towards the 227.2% Fibonacci support level, ultimately completing the bearish flag pattern.
💎 On the other hand, if we explore a bullish scenario, it is crucial for #JOEUSDT to establish a new higher high while respecting the current support. This would indicate a potential upward trend.
📊 Keep an eye on the price action, Paradisers, as it unfolds. Stay alert and trade wisely! Your ParadiseTeam is here to support you on your crypto journey. 🌴💪
JOE SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SHORT/SELL the JOE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
JOE JOEUSDT Price Analysis (8h)Welcome to the price analysis of JOEUSDT, where we take a closer look at the recent movements of this token. Currently, the price of JOEUSDT is showing an upward trend after exhibiting Bullish Divergence on the 8-hour timeframe, with the RSI and MACD crossing into the green zone.
The price structure of JOEUSDT has encountered a significant resistance zone in the range of 0.43-0.45. These levels can be considered as potential targets for the ongoing upward movement. However, it is important to note that the cryptocurrency market is prone to sudden shifts in selling pressure, which can have a significant impact on price dynamics. Therefore, exercising caution is of utmost importance.
To manage risk, it is advisable to closely monitor the price action and observe any potential breakout near the 0.30 level. This level can serve as a stop-loss point, helping to limit potential losses in case of an unexpected market downturn.
JOE token formed bullish BAT for upto 129% rallyHi dear friends, hope you are well and welcome to the new trade setup of JOE token with BTC pair.
Previously we caugh more than 90% pump of JOE as below:
Now on a daily time frame, JOE has formed another bullish BAT pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
JOEUSDT 1H - Wave 5JOEUSDT is currently in a wave 4 and should retreat to around 0.6174 (RSI confirming) to then be able to start wave 5. JOE is a DEX on Avalanche, soon its Liquidity Book will have new features for income cultivation on Avalanche, Arbitrum and BNB Chain.
Supports for JOEUSDT:
S1 0.6190
S2 0.5985
S3 0.5848
Resistances for JOEUSDT:
R1 0.6436
R2 0.6693
R3 0.7057
MM200: 0.5848
EMAS: Bullish
JOE Overbought: Potential Correction AheadJOE is trading at $0.5430. Its RSI is high at 78, suggesting that it may be overbought and could experience a correction in price. The Fibonacci levels indicate that it's currently trading above the 0.5 level, which is bullish. The asset is close to its upper Bollinger band at 0.5424, indicating that it's overbought and may pull back. The volume oscillator is strong, and the MACD is bullish. The stochastic oscillators indicate it's in overbought territory. The short-term trend is bearish with the hourly EMA 50 at 0.2960.
Support: $0.4996 (0 Fibonacci), $0.3427 (0.5 Fibonacci), $0.1859 (1 Fibonacci)
Resistance: $0.5424 (upper Bollinger band)
Bullish Head And ShouldersThis analysis is for informational purposes only and should not be considered financial or investment advice.
The information presented in this analysis is based on my own research and is subject to change without notice.
The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair.
Please conduct your own research and consult with a financial advisor before making any investment decisions.
$JOE/#BTC [#Trader Joe]: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $JOE / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00001218 | 0.00001348 | 0.00001556, and the major support zones can be found at 0.0000101 | 0.00000932 | 0.00000724. Consider entering a trade at the current price zone of 0.00001113 and targeting higher levels.
◰◲ General info :
▣ Name: Trader Joe
▣ Rank: 294
▣ Category/Sector: N/A
▣ Overview: Trader Joe is a decentralized trading platform on the Avalanche network that combines DEX services with DeFi lending to offer leveraged Trading. The platform allows users to trade (AMM exchange), participate in yield farming, staking, and borrowing.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001113 ₿
▣ 24HVol: 1.533 ₿
▣ 24H Chng: 0.18%
▣ 7-Days Chng: -3.55%
▣ 1-Month Chng: 11.40%
▣ 3-Months Chng: 32.30%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001218 | 0.00001348 | 0.00001556
◢ Support: 0.0000101 | 0.00000932 | 0.00000724
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.41
▣ Last 90D: 2.24
▣ Last 1-Y: -0.29
▣ Last 3-Y: -0.57
◲◰ Volatility :
▣ Last 30D: 1.24
▣ Last 90D: 1.04
▣ Last 1-Y: 1.31
▣ Last 3-Y: 1.37
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth JOEBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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