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Technical analysis by Oxjonk about Symbol JUP: Buy recommendation (8/14/2024)

https://sahmeto.com/message/2542104

$JUP local bottom; $1.20 is next target.

Buy
Price at Publish Time:
$0.79953
Buy،Technical،Oxjonk

looks like we are in a corrective wave 2, which to me seems to be an expanded flat correction. we can see 'b' pass the origin price corrective wave 2. 'c' is either completed and we rally to $1.20 (fib extension from wave 1 to 2), or 'c' is currently being terminated and we should locally bottom here soon.

Source Message: TradingView
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