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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.