Jasmy forming possible H&S top. Target around $0.007 - $0.008. Jasmy is one of few coins that has not seen any major correction (yet). While Jasmy is still up significantly from last year, most other coins are down 70%. There is a possibility Jasmy will catch up to this, to the downside. If you are buying Jasmy here, be aware that you are buying at a premium.
Note
Keep in mind, break down is not confirmed. And there are bullish arguments to be made for this chart. However, take also into account the macro situation and watch for how the weekly candle closes. If Bitcoin weekly candle closes like it currently looks, than there's a chance broader market will break down. Many altcoins are hovering over critical support and showing potential bearish patterns.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.