Jasmy
JasmyCoin Jasmy - can bullish divergence help to pump?JasmyCoin Jasmy - can bullish divergence help to pump?
Not that likely as normal under current FUD mood IMO - but bullish divergences like this have to concern all bears.
Do you hold this crypto?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
JASMY with new 2W candle, potential huge profit...PA looks very good. After month and half and quite big dump, there should be some upside again. Only worry here is that JASMY has now also USDTPERP pair... which can cause some downside. I bet on bounce at least 30%
AS BTC IS SITTING ON THE CLIFF MANAGE YOUR RISK PROPERLY!
NOT FINANCIAL ADVICE
JASMY Elliott Wave 2 in PlayWill confirm if the the current retracement can withhold the "2nd level" support as indicated in my chart.
A new impulse would then be predicted to reach .382 on the Fib before another correction.
Just my opinion after careful analysis of the last pump and following Retracements.
JASMY/USDTJASMY/USDT (1-3x)
Direction: LONG📈
Mid term gem that has now reached new All Time Lows and is showing signs of accumulation breakout in the next few weeks😘
ENTRY: 0.0175 - 0.202
TARGETS
Short Term: 0.0216 - 0.0224 - 0.0232 - 0.0245 - 0.026 - 0.028
Mid Term: 0.032 - 0.036 - 0.042 - 0.048 - 0.058 - 0.070
STOP LOSS: 0.0147
JASMY Long OpportunityAfter bottoming out on March 8th, JASMY finally showed signs of life and began a rebound.
JASMY continued to complete a five wave cycle reaching a new local high on March 23rd
Price bounced off the .618 fib level at 0.0172 on April 15th, formed a double bottom on April 17th (4H chart) and bounced to the .382 Fib level where price formed a new local high on April 24th
Price has retraced and is now consolidating above the.618 fib at 0.0204 (4H chart) and has formed a double bottom
-If this level holds, we can look for JASMY to head back to the April 24th high of 0.025 and the previous March 23rd high.
-If the .618 fib level breaks then expect price to head back to 0.017
-I'm expecting the .618 fib level to hold due to the following:
-Numerous Positive Divergences on the 1H chart: Hist, RSI, Stoch, MOM, MFI, ADP
-MACD is positive, increasing ADP level as the selling pressure has decreased
JASMY: Where we need to beThis is a neutral TA overviewing JASMY, and the two major trends of resistance that we are going to be hitting on our way back up and out.
MOST IMPORTANTLY: keep a very sharp eye out as soon as JASMY climbs over the last resistance trend line that I've labeled in *green*
As soon as we see a climb over the threshold, I believe all bets are going to be off-- and we could see a parabolic rise for JASMY once again!
(...now let's see if BTC and the rest of the world fiat markets have us all contemplating the top floor balcony this week...) 🙄
♠️🐿🤫
EDIT: I should have placed one more slightly fainter negative trend line in parallel, coming from our high point on the 24th. May have some resistance there as well.
In the end, "All the pieces go back in the box."This is an off the cuff video that has me discussing a very important trading mantra that I came up with years ago. I still repeat this phrase to myself a few times on a daily basis, while trading.
I feel as though the compartmentalization of your "real" life and your trading life need to be put in place. Otherwise, not only will you make consistent mistakes due to aggravation, you will end up completely losing your mooby-flippin' dome after a while, kid.
♠️🐿🤫