Juventus Fan Token: Predicting A 2,350% Bullish Wave

13. Dez.

The black line on the chart is the most important line. We will do a full analysis based on this single line.

JUVUSDT (Juventus Fan Token) hit a bear-market bottom low in May 2022. This is the price that I used to draw the black line. This price level worked as support for years. In July 2024, this level failed as support and we have a long-term rounded bottom. As soon as the action moves back above this level, last week (2-Dec. 2024), we are in bullish territory.

Now, we can couple this up with trading volume, moving averages, the oscillators (RSI and MACD) and marketwide action. All these signals would point toward the start of a major bullish wave.

The pair becomes bearish went it moves below long-term support; black line.
The pair becomes extremely bullish when it moves back above long-term support; black line.

The RSI would have a strong reading and a bullish divergence.
The MACD would be trending up strong and also showing a long-term bullish divergence. The divergence tend to happen in anticipation of a change of trend.

The volume keeps rising favoring the bulls but the market is trading near its all-time low. This signals that buying is happening at bottom prices. People are buying and accumulating, after this pattern we get growth.

Predicting a 2,348% bullish wave.

We take the current price and our projected new All-Time High and this gives us more than 24X potential, around 2,350%. We also have a nice 900% target at $19 and several more targets based on the short-term.

This is a great chart because it is still trading low. When prices are low, we have low risk with a high potential for reward. This is a great hold.

I am wishing for you the best.

Thanks a lot for your continued support, it is appreciated.

Namaste.