Technical analysis by cryptechcapital about Symbol JUP: Buy recommendation (1/16/2025)

This is a really interesting alt. It shot up significantly, and then is seeing what looks like a classic Elliot Wave triangle for a potential wave 4 of 5 of 1. If it is, then we should see the lower trendline breached any time soon, but only to come back within the channel and then upwards to wave 5. If the piercing occurs and we come back within the channel, it's looking really strong. But, only take your buy orders once the upper trendline has been decisively breached. Never within the channel unless you are going to 'trade the bumpers', but that's a low confidence trade in my opinion. Goog luck and follow and share for more.