Multi Time Frame JUP Analysis (3D - 12H - 1H)

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Multi Time Frame JUP Analysis (3D - 12H - 1H)JUP / TetherUSBINANCE:JUPUSDTvs_sayinIn larger time frames like the 3-day, JUP seems to have already finished its current bearish cycle. Given that, it's better to check lower time frames for Long entries. To confirm the character change in lower time frames and clear the noise, we'll use 12H charts. In this chart, it's clear that a change of character is already visible. Also, you may notice that a heavy liquidity pool has been cleared by the market. This will not only trigger a reversal move but also provide an opportunity. People who were caught by the market earlier around that liquidity pool have now been selling everything they held for many weeks. They no longer seek profit; all they want is to break even. Some of them have already left the market, which is the same reason why liquidity pools actually work. There is also another sign for an entry: the 50D SMA (12H) is approaching the level where the character change occurred. This zone now has a confluence. Bonus +1 for an entry. Let's dive a little deeper to check the 1H time frame and confirm the idea of buying it cheaper. In this 1H chart, there is another visible character change signaling a retracement. We can simply use this retracement for our swing position entry and buy at a lower price. Combined with the volume gap, it shouldn't take much for the price to fall to the flip zone I marked on the chart. Skyress.