JAKS found support around 0.66 Potential Resistance 0.985-1.00
+ Accumulation happen around that area with volume spike. = ATOM is back into Neutral territory and MACD turned bullish. + FiFT Buy on Dip signal appears above 0.79 on 1st April with strong BULL force (80Mil volume). - Hit high 0.92 (+16%) but resisted by EMA20 and formed Bearish Piercing candle on 3 April. (Profit taking) - Overall trend still DownTrend (EMA20 < EMA50) and Bearish as price still below EMA50
Plan for short term trade (JAKS still downtrend and bearish):- * Wait for JAKS to retrace and form Higher Low or retest support and form double bottom at 0.66. * Good Risk Reward area to go long is below at 0.76 or below. * Plan is not valid if JAKS continue to rally or break below 0.66..