JASMY IS ABOUT TO SKYROCKET SOON! TA + TRADE PLANPrice Trend:
The chart shows a downward trend for JASMY/USDT, indicating bearish sentiment. This is evident from the lower highs and lower lows.
Volume:
Volume appears moderate with periodic spikes, suggesting occasional bursts of buying or selling activity. The recent downward trend does not have significantly high volume, indicating a lack of strong selling pressure, which could suggest potential consolidation.
VMC Cipher_B (Divergences):
The VMC Cipher indicator, typically used for divergences and momentum shifts, is displaying mixed signals with some green dots that might hint at potential bullish divergence. However, without a strong upward momentum or green dots appearing more frequently, this remains inconclusive.
RSI (Relative Strength Index):
The RSI is around 45.95, indicating a neutral to slightly oversold condition. It hasn’t reached extreme oversold (below 30), so it doesn’t signal a strong reversal but could imply some buying interest around these levels.
Stochastic Oscillator:
The Stochastic oscillator is at 68.84, pointing upward, which may suggest a short-term bullish signal as it exits oversold territory. However, it's not yet in the overbought zone (above 80), so this could imply limited upside momentum.
HMA Histogram:
The HMA histogram shows mixed colors, signaling a lack of strong trend direction in the immediate term. The histogram bars are also close to zero, indicating limited price momentum.
Trading Plan
Entry and Exit Strategy:
Short-Term Entry:
Consider entering a long position if RSI drops near 30 or if the Stochastic Oscillator enters the oversold zone and begins to cross upward, confirming potential upward momentum. Alternatively, wait for a breakout above the nearest resistance level at approximately $0.018.
Long-Term Position:
Given the overall downtrend, a short position could be considered if JASMY retests and fails to break above resistance levels at $0.019 - $0.020, signaling a continuation of the downtrend.
Stop Loss:
For a long position, set a stop loss below recent support at around $0.016 to limit downside risk.
For a short position, consider a stop loss above $0.020 if the price begins to trend upward past resistance.
Take Profit:
For a long trade, potential take-profit targets could be $0.0185 and $0.019 if the price breaks out of the consolidation zone.
For a short trade, consider take-profit targets at $0.016 and $0.015, aligning with previous support levels.
Risk Management:
Limit exposure to a small percentage of the trading portfolio due to current trend uncertainty.
Monitor volume and momentum indicators for any changes, as low volume on a breakout or breakdown can be misleading.
Wait for Confirmation: Patience may be required, especially if the price continues consolidating. A confirmed breakout with strong volume could offer a more reliable entry.
Set Alerts: Place alerts near critical levels such as $0.016 (support) and $0.019 (resistance) to act swiftly based on price movement.
Jasmy
Frankly, I don't feel like explaining, the chart says it all !!JASMY is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.027 Stay tuned for more updates, thanks.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
JASMY AT A PERFECT ENTRY POINT FOR A LONG POSITION! TRADE PLANTechnical Analysis by Blaž Fabjan
Pattern Identification:
The chart displays a falling wedge pattern , a bullish reversal pattern often signifying a potential trend change from bearish to bullish.
The price action is currently testing the upper boundary of the wedge pattern, indicating that a breakout could be imminent if there’s sufficient buying momentum.
Support and Resistance:
Support Line: The lower green line in the falling wedge acts as support. This line has been consistently respected, indicating strong buying interest at those levels.
Resistance Line: The upper green line marks the resistance level within the pattern. A breakout above this line would be considered a strong bullish signal.
Volume Analysis:
There’s a noticeable decrease in volume within the wedge, which aligns with typical falling wedge characteristics. Look for a volume increase on a breakout to confirm the move.
Indicators:
VMC Cipher: Divergences and buy signals have been detected, showing signs of potential momentum shifts.
RSI: At around 41.07, the RSI is approaching the neutral zone (50), suggesting the potential for further upside if it breaks above 50.
Stochastic: Currently around 60.48, indicating upward momentum and possibly further bullish action if it continues moving up.
HMA+ Histogram: Showing minor bullish signals that could align with a breakout confirmation.
Entry Signal:
The wedge breakout zone is highlighted as an “Amazing Entry Point.” The suggested entry is around the resistance line in the pattern, currently close to $0.01743.
Trading Plan
Entry:
Enter a long position once JASMY/USDT breaks and closes above the falling wedge resistance line with increased volume. This would be near or slightly above the $0.0175 level, depending on price action confirmation.
Stop Loss:
Place a stop loss slightly below the wedge’s recent support level or just below the most recent swing low at around $0.016 to mitigate risk.
Take Profit Levels:
First Take Profit (TP1): Set around the recent swing high near $0.019.
Second Take Profit (TP2): For a more extended target, aim around $0.0205, where the price previously found resistance.
Final Take Profit (TP3): Around $0.022, aligning with previous higher resistance levels.
Risk Management:
Calculate position size to risk no more than 1-2% of your trading account per trade.
Monitor volume closely, as a breakout with low volume may indicate a false breakout, in which case exiting the trade early could be advisable.
Alternative Scenario:
If the price fails to break the resistance and moves back within the wedge, refrain from entering. In this case, wait for a possible retest of the support level around $0.016 as a secondary entry point.
Summary
Pattern: Falling Wedge (Bullish).
Buy Zone: Above $0.0175, confirmed with volume.
Stop Loss: Below $0.016.
Take Profit Targets: $0.019 (TP1), $0.0205 (TP2), $0.022 (TP3).
btw: VERY GOOD ENTRY POINT AT THE MOMENT!
JASMY TECHNICAL ANALYSIS + TRADE PLAN (at the breaking point)Let’s break down the technical analysis for JASMY/USDT (Blaž Fabjan)
Falling Wedge Pattern:
Resistance: The upper trendline of the wedge shows that price has consistently been making lower highs, but the slope is not steep.
Support: The lower trendline connects lower lows, but the declines are shallow, indicating sellers are losing strength.
A breakout from the wedge, especially on strong volume, often leads to a bullish trend reversal.
Volume:
The volume bar shows moderate activity, but for the breakout to be valid, you will need confirmation through an increase in trading volume.
Current volume is around 34.85M, which should increase significantly during a confirmed breakout.
Momentum Indicators:
VMC Cipher B Divergences (Market Cipher Indicator):
Shows red dots indicating bearish divergence. However, this indicator could shift quickly depending on market movement.
Relative Strength Index (RSI):
Currently at 41.82, it is in the lower range of the neutral zone, indicating oversold conditions. A move above 50 would strengthen the bullish case.
Stochastic RSI:
At 13.47, this indicator is signaling extreme oversold conditions, which may imply that a rebound is likely.
Hull Moving Average (HMA):
Displays slight bearish momentum (red), but this could reverse once a breakout happens from the wedge.
Price Levels to Watch!
Breakout Level:
If JASMY breaks the wedge's upper resistance (approximately 0.0193 - 0.0195 USDT), this would confirm the pattern. A sustained breakout with high volume could push the price higher.
Support Level:
Immediate support lies near 0.0188 USDT, based on the lower wedge trendline. A breakdown below this level could invalidate the bullish reversal.
Resistance Level (Post Breakout):
After breaking the wedge, the next target is 0.0210 USDT, a key resistance level highlighted on the chart. A further target can be 0.0220 USDT.
TRADING PLAN
Entry:
Aggressive Approach: Enter at the current level or as soon as price reaches near the upper wedge resistance (0.0193 - 0.0195 USDT) with a tight stop loss.
Conservative Approach: Wait for a confirmed breakout above 0.0195 USDT with increased volume, followed by a retest of the breakout zone.
Stop Loss:
Place a stop loss just below the lower trendline of the wedge, around 0.0185 USDT, to manage risk in case of a breakdown.
Take Profit Levels:
First Target: 0.0210 USDT (resistance from the previous highs).
Second Target: 0.0220 USDT (next significant resistance).
Long-Term Target: If the breakout is strong, higher levels like 0.0230 USDT could come into play.
Risk Management:
Risk no more than 2-3% of your trading capital on this setup.
Adjust the stop loss to breakeven once the price hits the first target.
Exit Strategy:
If the price fails to break the wedge within the next 1-2 candles or breaks below 0.0185 USDT, consider exiting the position to minimize losses.
Trailing stops can be used to lock in profits as the price moves toward 0.0210 USDT and beyond.
The falling wedge formation suggests that a bullish reversal could be imminent for JASMY. However, traders should watch for confirmation through a breakout above the resistance line with strong volume. Utilize proper risk management to protect against downside risk while positioning for potential gains.
JASMY Long Position (Accumulation Breakout)Market Context: JASMY is showing bullish signs, moving out of its accumulation phase with a strong daily close above the EMA-21. The EMAs are aligning favorably, providing a solid entry for a long position.
Trade Setup:
Entry: Around $0.021 to $0.019.
Take Profit:
First target: $0.024
Second target: $0.028
Third target: $0.032
Stop Loss: Daily close below $0.018.
This setup takes advantage of JASMY’s potential breakout from accumulation into an upward trend. #JASMY #Crypto #Breakout
#JASMY/USDT#JASMY
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.018000
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02000
First target 0.02152
Second target 0.02311
Third target 0.02572
JASMY jasmy "wedge view"This is the wedge view for Jasmy based on 100 day and 50 day past moving averages trajectory leading up to Nov 1st 2024. The range anyway. This does not mean the price is subject to necessary stay within the boundaries of the purple lines drawn as much as the projected outcome for the price in a variable sense according to today from the indicator I use. Obviously, BTC movement seems to always impact the rest of exchange traded cryptocurrency tokens or coins so when the price of BTC fell so did everything else. Seems like a cop out for the price of cryptocurrency trends to always fallowe BTC necessarily considering how indicators should in some ways tell a different story for different cryptocurrency.
JASMY is Bullish now & many Traders don't see it !!JASMY is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.027 Stay tuned for more updates, thanks.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#JASMY Breaks Out of the Falling Wedge: What's Next?Yello, Paradisers! Are you ready for what's brewing with #JASMYUSDT? The #JasmyCoin is at a crucial tipping point and about to explode:
💎Currently, #JASMY is sitting at a key demand zone of $0.0245, forming a Falling Wedge pattern. This could be the calm before the storm. A potential breakout above this level might signal a major momentum shift in favor of the bulls. If the demand holds, brace yourself for a strong bullish move that could catch many off-guard.
💎For the bullish scenario to play out, #JasmyCoin must break above $0.0245. If it does, the next target is the internal resistance zone at $0.0298. At this level, we could see a significant rally, so it's crucial to keep an eye on it.
💎However, we can't afford to get too comfortable just yet. If the demand zone doesn't hold, the price could pull back to the lower support area around $0.0201. And if that level breaks too, the next critical demand zone to watch will be $0.0178.
💎A daily close below $0.0178 would invalidate the bullish outlook and might signal a deeper correction. Stay alert, as the market could turn quickly.
Patience and discipline are the keys in navigating these market conditions.
MyCryptoParadise
iFeel the success🌴
JASMYUSDT: Is a Breakout on the Horizon?Yello, Paradisers! Have we reached a tipping point for #JASMYUSDT? The price is currently sitting at the lower band of its sideways channel, showing early signs of strengthening.
💎#JASMY could be witnessing the formation of two bullish patterns—a cup and handle or an inverse head and shoulders—both signaling a potential shift in momentum. But the real question is, can the bulls gain enough traction to break through the critical resistance ahead?
💎The key level to watch right now is 0.024, which not only represents immediate resistance but also acts as the neckline for these potential bullish formations. A clean breakout above this level could kickstart a breakout rally, pushing JASMY toward the 0.0275 level. Here lies a key historical resistance, which could introduce some short-term volatility before the next move unfolds.
💎If the bulls manage to break through the 0.0275 resistance and hold above it, JASMY could quickly target the stronger resistance zone between 0.032 and 0.034. This area aligns with the projected targets from the potential bullish patterns, marking it as a crucial point for the next leg up in price action.
💎On the downside, JASMY has strong support levels to cushion any dips. The first support lies at 0.021, followed by a more substantial level at 0.0190. The 0.0190 zone combines both horizontal support and a long-term ascending trendline, making it a likely area for a price reversal if the bears take control in the short term.
Paradisers, As always, patience and discipline are key in navigating this market. The setup is promising, but remember that timing and strategy are crucial to long-term success.
MyCryptoParadise
iFeel the success🌴
JASMY Price Update & Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
As per our previous analysis, JASMY has already reached the lower support at $0.01632. A decent rebound followed this but failed to break above the resistance trendline at $0.0245 and the 100 EMA. The rejection led to multiple days of decline, and the price continued to drop further.
The price is approaching the primary support range of $0.015-$0.0166. If JASMY breaks down below this range, a drop to the lower support between $0.0107 and $0.012 is likely.
Key levels:
- Primary Support: $0.015-$0.0166.
- Lower Support: $0.0107-$0.012.
- Resistance: $0.024 & 100 EMA.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
JASMY analysis (4H)As you can see, JASMY is under correction. Price is creating an internal pullback.
At the bottom of the chart there is a liquidity pool, which we indicated by ($$$).
After hitting the supply box, the price is expected to move towards the POI and sweep the liquidity pool.
We are looking for buy/long positions in the POI range.
Closing a daily candle below the invlidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
JASMYUSDT (Update) !!!BINANCE:JASMYUSDT
JASMY broke the triangle!!
Previous Analysis
the price can increase as much as the measured price movement ( AB=CD ) .
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
(Update) !!! JASMY 6h Chart Analysis : Bull or Bear ? (READ)JASMY is attempting to break through resistance of ascending triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 100 to confirm the continuation of the bullish trend📝
The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
(JASMY) JASMY The price is maintaining nicely, the graph shows an indicator that measures moving averages and overlapping information. Circles are progress signals, crosses are negative signals. The recents show crosses around the same time the price was falling. Also I modified my indicator's colors and adjusted things to be more starry to look at. Sometimes it's more for the sake of knowing I'm going to stare at the same indicator for a long time. Many indicators outside BTC, ETH, Jasmy, are showing signals of cryptocurrency overall reaching a well point surpassing the crossunder length of the longest running moving average lines. Jasmy is not showing long moving average lines crossing and is maintaining a strong price increasing inertia. Long lines will have big circles or big cross and short lines will have small circles or small cross in this indicator. The 10 and the 50 is the yellow line.
JASMY has formed a Pretty Big falling wedge Pattern!...JASMY is forming a falling wedge on 4H timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Jasmy Weekly Hidden Bullish DivergenceSEED_DONKEYDAN_MARKET_CAP:JASMY has a confirmed hidden bullish divergence on the weekly chart. There is a also a case to be made for a double hidden bullish divergence, although the previous one may have already played out.
Hidden bullish divergences are more effective than regular divergences because they are a trend continuation signal. The hidden bullish divergence shows us that even though RSI made lower lows, the price held the gains made in previous sessions (higher lows). In other words: RSI has reset to lower levels, while price is higher, which means the RSI has more room to run up from a higher starting price point.
Looking at the broader market, we can say that crypto is still in a bullish uptrend, which only adds to this signal's strength.
As a general rule of thumb; the longer the timeframe, the more significant the signal. The weekly timeframe is a LONG timeframe, so this confirmed hidden bullish divergence for #JASMYUSD can be considered as a very strong signal to go long or to add to your long-term spot positions.
Furthermore, there is a case to be made for a clear corrective A-B-C structure since the recent highs around $0.044. If this is the case, than expect #JASMY to run hard and fast once the market regains strength.
Is JASMY done? Taking a look at the daily chart, we see JASMY has been in a down trend (lower highs and lower lows) since the beginning of June falling back into this consolidation range where it was bound for 3 months during February - May. The fact that price has made a complete retracement of the breakout and back into the old consolidation channel, testing its low, is not a good sign to me.
The yellow lines on the chart represent the consolidation's boundaries with the top acting as strong resistance and the bottom now acting as strong support again. There's an intermediate level that acts as support/resistance around the .021 area.
The selloff on Monday, August 5th had substantial volume (last time we had that high of a volume was in February) which indicates to me that a large amount of coins were sold that day and people were taking their profits or getting out of their positions.
Moving forward, I would expect price to be bound within the range of this consolidation channel and if it breaks below it, the next support zone I see is around .012 - .013.
If price makes its way down to .015 - .016 again and consolidates there, it could be a great opportunity for a long position as that level is extremely strong. But, I need more data supporting that thesis before considering an actual entry.
Good luck to you all.
JASMY/USDT NEW INCREASE VOLUMEJASMY/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
JASMY breaking down? Where to buy?As you can see on the daily chart, JASMY is continuing its way down. It looks like an inverted cup and handle with current price breaking below the handle and retesting it.
If further downside occurs, I will expect price to trade within the marked Potential Buy Zone which happens to be around the top of the previous consolidation's range.
I will continue to monitor price and look for opportunities in the PBZ if price makes its way there.
What do you think? Do you agree or disagree? Are you bullish or bearish? Why?