JASMY: ONE OF THE UNDERRATED COINS.Hey guys, here's an update on JASMY/USDT.
Timeframe: Daily.
Description: JasmyCoin (JASMY) is a cryptocurrency project of a Tokyo-based Internet of Things (IoT) provider Jasmy Corporation. The main goal of the project is to establish a secure environment on the platform where users can exchange data in a trustless manner between IoT devices (computers, cars, phones) and decentralized protocols.
Update: Ever since JASMY's launch on 22 November 2021, it is -98% down from the ATH. JASMY has formed a good support level at $0.0083 and the interesting thing to notice here is that after the continuous drop, JASMY started moving sideways. This sideway pattern shows a strong accumulation. Now, I don't know for how long this accumulation will continue but one thing I know for sure is the moment JASMY breaks out of this zone, it will explode pretty strong.
The rally may start in late October or maybe next year, depending on the market condition. So, with proper risk management, I have started filling my bag with some JASMY. If JASMY breaks down and closes below the $0.0083 support level in a higher timeframe then it will invalidate this chart.
Note: This is a long-term trade so do not consider it for scalping. Not financial advice.
What do you think about JASMY? Do you think it's a good project to invest in? Share your knowledge in the comments section.
Thank you for all your support.
Trade safely.
Jasmy
Daily time frame analysis on JASMY/USDFib is plotted from swing high to swing low on the daily time frame in yellow.
The .236 fib lines up with the red box where the wicks need to be filled.
Expecting and targeting these levels during the next pump on JASMY.
Low risk, high reward set up.
What do you guys think?
JasmyCoin: Descending Triangle But The Price Action Is BullishJasmy has bottomed 3 times within this inheritly Bearish Pattern while Bullishly Diverging each time with the 3rd bottom putting in a slghtly higher low and it is now broken above the supply line here and may look to Square-Up to the upside so long as it holds above the nearby Moving Averages on the Daily.
#JASMY/USDT Trade Setup (RR 1:10), 120% Potential profit!I have started accumulating JASMY on spot.
Breaking through the long-term resistance and is currently retesting the resistance turned support.
I think it's better to accumulate during red days and hold for good profits.
Nice R: R (Almost 1:10)
Entry:- $.008052 to $0.009250
Target :- 50% to 120% (Open)
Try to take profits on the resistance levels.
Stop Loss:- $0.007598
DYOR, Not financial advice.
Thank you
Do hit the like button if you want me to post more if these trade setups.
#PEACE
Another Alt breaks on the weeklyJASMYUS is the second alt to make a significant break on the weekly.
There are some really nice defi charts that have gotten completely crushed. This is the first one I have noticed with decent trading volume to make a risk conscious break... others could soon follow (DAPPT, POWR, IDEX, SUKU). The best case scenario is for BTC to break last week's highs... that will give crypto some much needed fuel to push out of these ultra depressed levels.
Much like the Tezos (XTZ) from last week, this is a great place to buy JASMYUS for the long term... plus has enormous potential to make huge trade to take a little out for 80%+ limiting your overall downside and hold the rest for the long term.
📈JasmyCoin #JASMY $JASMY Jul-19JASMY just closed the 1-Day candle with an Invert Hammer pattern and this is a sign that buying has completely stopped selling. Therefore, in the near future, we should accumulate a lot of JASMY in the vicinity of $0.008-0.009 because the R:R ratio is very high.
JASMY can increase strongly in the last days of this July to $0.014 and $0.02 zone. Please note that JASMY often increases very strongly so we should not be greedy for small profits and lose large profits.