JTO/USDT: Bullish Trend Shift & Demand Zone Play
The market structure for JTO/USDT has officially shifted. After a period of bearish pressure, we have seen a clear Change of Character (CHoCH) on the 4H timeframe, signaling that bulls are stepping back in.
✔ The Setup
The price is currently showing a pullback after the initial breakout. I am looking for a long entry within the established Demand Zone (Order Block) where we have strong confluence with the Quasimodo (QM) levels.
* Entry Zone: $0.2404 (4H/1H QM Confluence)
* Invalidation Point: $0.2284 (Break below this level cancels the bullish thesis)
✔ Targets (Liquidity Pools)
I am targeting the previous highs where Buy-side Liquidity is resting:
* Target 1: $0.2673
* Target 2: $0.2772
✔ Strategy
The plan is to wait for the price to mitigate the demand zone and show signs of rejection before heading towards the liquidity targets. This setup offers a very clean Risk-to-Reward ratio.
Note: Always manage your risk and wait for confirmation on lower timeframes.
The market structure for JTO/USDT has officially shifted. After a period of bearish pressure, we have seen a clear Change of Character (CHoCH) on the 4H timeframe, signaling that bulls are stepping back in.
✔ The Setup
The price is currently showing a pullback after the initial breakout. I am looking for a long entry within the established Demand Zone (Order Block) where we have strong confluence with the Quasimodo (QM) levels.
* Entry Zone: $0.2404 (4H/1H QM Confluence)
* Invalidation Point: $0.2284 (Break below this level cancels the bullish thesis)
✔ Targets (Liquidity Pools)
I am targeting the previous highs where Buy-side Liquidity is resting:
* Target 1: $0.2673
* Target 2: $0.2772
✔ Strategy
The plan is to wait for the price to mitigate the demand zone and show signs of rejection before heading towards the liquidity targets. This setup offers a very clean Risk-to-Reward ratio.
Note: Always manage your risk and wait for confirmation on lower timeframes.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.