JASMY Gold opportunity A head , fake out Pump with Juicy RetraceJASMY (JASMY) has recently experienced a significant price surge, but it's important to be cautious about its future direction.
Key Technical Analysis:
* Fakeout: The recent pump above the $0.24XX level could be considered a fakeout, as the price has since retraced to the $0.20XX support level.
* Potential Correction: A deeper correction towards the $0.19XX or $0.17XX support levels is possible.
Remember:
* Do Your Own Research: Always conduct thorough research before making any investment decisions.
* Risk Management: Use stop-loss orders to protect your investments from potential losses.
* Diversification: Spread your investments across different assets to reduce risk.
Stay tuned for more updates on Radicle and other cryptocurrencies!
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
TRY TO HAVE AN ADVENTAGE FROM FAKEOUT PUMPS AND TRADE THE RANGE UNTIL IT BREAKS
Jasmy
Frankly, I don't feel like explaining, the chart says it all !!Now, as you can see, JASMY is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, JASMY's price could reach 0.35 in the new year, which is not far-fetched, just like the AB=CD pattern.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
JASMY/USDT: BREAKOUT ALERT! READY FOR A 100% PUMP!!Hey everyone!
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JASMY is looking promising! It’s breaking out from a falling wedge structure on the daily timeframe and currently retesting, all while holding strong above the 200MA support level. This could signal a solid upside move—consider buying some here and adding more on any dips.
Entry Range: Current Market Price (CMP) and up to $0.0195
Target: 100% Gain
Stop Loss: $0.018
The setup for JASMY Coin looks decisively bullish! What’s your take on it? Drop your insights and analysis in the comments below!
JASMY Trade SetupJASMY has broken above the resistance trendline, retested it, and is now showing a rebound. I expect a 100% gain on JASMY, with the 100 EMA holding as support.
~ Entry: CMP.
~ Accumulate up to $0.019.
~ Leverage: 3x.
~ Targets: $0.0276, $0.0320, $0.0385, $0.0447.
Always conduct your own research and analysis before investing.
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.
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 .💚
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✅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 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🌴
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.
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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.
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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.
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✅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.
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✅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.