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Jasmy

What's Next, JASMY? I received many requests to do another chart analysis. So, let's look closer at where we are and what JASMY's next move will probably be. We had another amazing pump at the end of May/beginning of June, during which JASMY added another 100% and topped at the 0.045 level. More importantly, the token briefly broke through the resistance at 0.024 and even 0.037. As expected, JASMY then entered a consolidation phase — which is absolutely necessary and healthy!! So far, JASMY corrected 30% based on the top. If you zoom out, you can see that JASMY mirrors the March price performance. After the run-up, we had exactly the same correction of 30%. However, at that time, the consolidation took three months. I don't expect a similar length this time. On a macro-level, I am convinced that the CRYPTOCAP:ETH ETF approval will initiate a run for many altcoins. Additionally, we had a couple of positive news from SONY entering the crypto market, which can also positively influence JASMY. Ultimately, I expect the following: - Some more sideways consolidation is likely until the ETH ETF launch. - Re-test and break through the resistance at 0.037 - Pump towards 0.068 before entering a new consolidation phase. Levels to watch: - 0.024: This level should serve as strong support. A break below could initiate a dip towards 0.016 levels. - 0.036 smaller resistance - 0.068 target after a bullish breakout
Long
by ben_walther
JASMYUSDT bullish movement is about to happen!!!BINANCE:JASMYUSDT As you can see, the price made a good climb after breaking the triangle, and after that, it started its downward phase and now it is close to the most important Fibonacci level, which after reaching it, the price can react. 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!!
by CobraVanguard
1
#JASMYUSDT #4h (Binance Futures) Descending channel breakoutJasmyCoin formed a bull flag and is pulling back to 100EMA support, looks good for bullish continuation especially after that previous hammer. ⚡️⚡️ #JASMY/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (3.0X) Amount: 6.1% Current Price: 0.035194 Entry Targets: 1) 0.035153 Take-Profit Targets: 1) 0.046679 Stop Targets: 1) 0.029376 Published By: @Zblaba CRYPTOCAP:JASMY BINANCE:JASMYUSDT.P #JasmyCoin #IoT jasmy.co.jp Risk/Reward= 1:2.0 Expected Profit= +98.4% Possible Loss= -49.3% Estimated Gaintime= 1 week
Long
by TradingOn
$JASMY Bullish Pennent on daily and weekly TF ! Trading in a bullish pennant pattern involves recognizing the setup and then executing trades based on the pattern's characteristics. Here are three key points to consider: ### 1. Identify the Pattern - **Formation**: A bullish pennant forms after a strong upward movement (flagpole), followed by a brief consolidation period with converging trendlines that create a small symmetrical triangle. - **Volume**: The volume typically decreases during the consolidation phase and should increase upon breakout. - **Duration**: This pattern usually develops over a period of one to three weeks. ### 2. Confirm the Breakout - **Breakout Point**: Enter a trade when the price breaks above the upper trendline of the pennant with increased volume. - **Validation**: Ensure the breakout is supported by higher trading volumes, which confirms the strength and likelihood of continuation. - **Entry Strategy**: Place a buy order slightly above the breakout point to avoid false breakouts. ### 3. Manage the Trade - **Target Price**: Estimate the target price by measuring the length of the flagpole (the initial price increase) and adding it to the breakout point. - **Stop-Loss Order**: Place a stop-loss order below the lower trendline of the pennant to protect against downside risk. - **Monitor**: Continuously monitor the trade, adjusting stop-loss levels to lock in profits as the price moves in your favor. By following these steps, traders can effectively capitalize on the bullish pennant pattern and manage their risk appropriately.
Long
by Crypto-Adda_Official
JASMYUSDT.1DIn my professional analysis of the JASMY/USDT daily chart, several key observations can be made based on the technical indicators and price patterns observed: Support and Resistance Levels: The chart outlines two primary resistance levels at $0.024954 (R1) and $0.051063 (R2), with support levels at $0.013466 (S1) and a lower boundary around $0.013466 (S2). Currently, the price is near S1, which it has tested recently. Holding this level could be crucial for preventing further declines. Price Movements and Patterns: The recent pattern shows a sharp rise followed by a period of consolidation. This could indicate that the market is deciding its next major move. The presence of a lower resistance at R1 and the subsequent higher resistance at R2 suggests that breaking above R1 might lead to a quick move towards R2 if bullish momentum increases. Technical Indicators: Relative Strength Index (RSI): The RSI is below 50, which typically indicates bearish momentum. However, it is close to this midline, which could signal that the downward pressure is weakening. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but close to crossing below, which could suggest a potential change in momentum. It's crucial to watch this indicator closely for early signs of a trend reversal or continuation. Trading Strategy: Given the current support at S1, traders might consider this an opportunity to buy, aiming for a short-term target at R1. However, due to the potential volatility and the nearness of the MACD lines to a bearish crossover, setting a tight stop-loss just below S1 could help manage risk effectively. Risk Management: The proximity of the current price to the support level means risk management is crucial. A break below S1 could see the price heading towards S2, representing a significant drop. Hence, maintaining a disciplined approach with clear stop-loss orders is recommended. Conclusion: The JASMY/USDT pair shows potential for a rebound if it holds the support at S1. The targets to watch would be R1 and potentially R2 if the momentum is strong enough. However, the risk of a further decline remains if the support at S1 does not hold, making vigilant monitoring of price action and technical indicators essential for timely decision-making. This setup offers a balanced risk-reward scenario that requires careful attention to both entry and exit strategies.
by MarsSignals
JASMY strong upward movement, breaking past the resistance level Key Support and Resistance Levels: Immediate Support: $0.024512 Primary Support: $0.014300 Immediate Resistance: $0.045934 Primary Resistance: $0.068500 Trend Analysis: The price has experienced a strong upward movement, breaking past the $0.035000 resistance level. The current price of $0.039087 indicates a bullish trend, reinforced by the recent upward trajectory. Indicator Analysis: Stochastic RSI: Currently at 65.31 and 39.42, indicating the price is in a bullish zone but not yet overbought, suggesting potential for further upward movement. CVD (Cumulative Volume Delta): Shows a positive volume trend of 102.706M, supporting the bullish momentum. Potential Price Targets: Short-Term Target: The immediate resistance at $0.045934, if broken, could lead to the next target at $0.068500. Long-Term Target: Should the bullish momentum continue, the price might aim for higher resistance levels beyond $0.068500. Strategic Outlook: The breakout above $0.035000 suggests a bullish sentiment. Traders should watch the $0.045934 resistance closely, as a breach could propel the price towards $0.068500. Conversely, a pullback might find support at $0.024512 or lower at $0.014300. Conclusion: The JASMY/USDT chart signals a robust bullish trend with significant potential for further gains. Key resistance levels are crucial to watch for potential breakouts, while support levels provide downside protection.
by Z4F4R
2
JASMY Idea - Update for bullish trendHere's the rewritten text in a friendly tone: Hey Traders! I noticed something interesting on the JASMYUSDT chart. The price bumped up against the 30 and 60-moving averages on the 4-hour timeframe, which can sometimes act as a bit of a hurdle. But things are looking positive! There's more trading happening in the crypto market lately, especially with altcoins, and other coins are on the rise too. This overall positive sentiment, along with the technical stuff on the chart, suggests JASMYUSDT could be due for a climb. Just like we're seeing with other cryptocurrencies! Here's the exciting part: If the price on the 30-minute chart breaks above the recent high and crosses above both the 30 and 60-moving averages in 30-Min and 15-Min charts, that could be a good sign for a buying opportunity. Targets: $0.04020 and $0.04200
Long
by Arash-RK