𝐉𝐔𝐏 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞
$JUP is showing great market structure with a market cap of 603.85M and 84% of 80.7K votes bullish. Sentiments like this do not happen randomly and often precede continuation patterns.
𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐒𝐞𝐭𝐮𝐩 𝐈𝐧𝐬𝐢𝐠𝐡𝐭
SC02 M5 has a pending long order near the POC (Point of Control). This is the price at which the most trades have happened. Traders like to trade at the POC because the chances of filling their limit orders are high. And to top it off, this is not in the weak areas.
The risk management is also great, with an estimated SL risk of 2.24%. This is great risk management.
𝐓𝐫𝐞𝐧𝐝 𝐂𝐲𝐜𝐥𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The uptrend is in the 166th cycle, and the amplitude is 17.80%. This is a mature trend.
The structure of the market is showing us the power of the trend through the way the price is moving up in this uptrend, which is the structure of the accumulation. Strong trends like this never go down to
