Jasmy
JASMY CAN MAKE A DROPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the JASMY symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Jasmy 4 hr time frame H & Shello folks
jasmy 4HR Tf head and sholder pattren formed after righht sholder breakout again coming to the resistance level
now bullish pull back is started already i mention in jasmy head and sholder pattren so now use the pattren but dont forget stop loss
STOP LOSS : mehtod 1 -- Use ATR indicator for stop loss
STOP LOSS : Method 2 - Use moving averages corssover
STOP LOSS : Method 3 - Use combine both of mehtod
if anything wrong please leave your comment below
thanks
JASMY/USDT WCA - Cup and Handle Reversal PatternHello and thank you for taking the time to read my post. Today, we analyze the chart of JASMY/USDT on the weekly scale, focusing on an interesting price pattern known as the "Cup and Handle Pattern." This pattern suggests that JASMY/USDT could be signaling a potential bottoming and reversal after a downtrend.
Cup and Handle Pattern:
The cup and handle pattern is a bullish continuation or reversal pattern that occurs in both uptrends and downtrends. It is characterized by a rounded bottom, called the "cup," followed by a smaller consolidation, called the "handle." The pattern is completed by a horizontal line, known as the breakout level, which connects the high points of the handle. In a nutshell, the formation of the cup and handle pattern signals a potential continuation or reversal of the current trend.
Analysis:
Since 20/11/2021, JASMY/USDT has undoubtedly been in a downtrend. However, the cup and handle pattern on the chart could indicate a potential bottoming signal and reversal of the downtrend. As classical chart analysts, we can immediately recognize this pattern, with the rounded bottom forming the "cup" and the smaller consolidation forming the "handle." A horizontal line at 0.007931 serves as our breakout level, which we want to see surpassed.
It's important to note that the 50 EMA is still far from signaling a bullish environment. Therefore, it is crucial to carefully study and observe the price pattern. However, if a breakout occurs above the horizontal line, we can expect a price increase of approximately 65%.
Conclusion:
The JASMY/USDT chart analysis highlights the cup and handle pattern as a potential bottoming signal and reversal of the ongoing downtrend. Traders should closely monitor this pattern and the breakout level for any signs of a breakout. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
JASMY is ready for 200-300% short term pump!!Hi dear community and my loyal followers, as you see my RAD pumped more than 200% which I posted earlier. Now I think it's Jasmy's turn to melt faces. As you see I expect this Inverse H&S pattern to play out after breaking major trendline and pump 200-300% with huge green dildo candle. DOn't be surprised if Jasmy jumps 100-150% in a single day. BTW past 3-4 months interest in Jasmy has been increased which proves buying volume.
🔥 JASMY Triangle: Consolidation ExpectedJASMY has been trading inside this triangle pattern since the start of the year. In my view, it's more than likely that JASMY will continue to trade within this pattern.
However, the longer-term trend is still bullish, so a bullish break out is expected at some point in the future.
Ideally, we move back towards the bottom of the pattern for a potential bounce entry.
Crypto Jasmy (Will it go higher?)
View On JASMYUSDT (18 Apr 2023)
JASMYUSD is in
* Bullish in short term (Intraweek)
* Bullish in Mid term (1 to 3 months)
* Neutral in Long term (3 months onward)
We are seeing strong Bullish conditions start to emerge and soon it shall reach 0.007.
The next ultimate resistant will be the region of 0.0075~0.008.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
JASMYUSDT → Another attempt to break the trendJASMY forms a global reversal pattern, which opens new potential.
The coin forms a pre-breakout consolidation near the upper limit of the channel. The price successfully breaks the line.
JASMY opens for itself a new range. On the daily chart, yesterday, the price breaks the resistance and closes above the line, forming a local resistance level at 0.006577 and with another retest and breakout of that area, we might see a strong momentum towards 0.01000
Daily moving averages are acting as support, on the daily timeframe the price consolidates above the previously broken line. The way is open for the upside towards 0.008325
Strong support: previously broken channel line, support at 0.005742
Strong resistance: 0.006577 (breakdown strategy) 0.0069
I expect the continuation of growth after the final fixation of the price above the channel. The medium-term target is 0.008325 , the long-term target is the liquidity zone 0.012
Regards R. Linda!
Jasmy Another Possible Breakout Jamsyusdt
In the Jasmyusdt chart, we have observed the formation of a descending broadening wedge pattern. This indicates a potential bullish move of 70-100% in the case of a successful breakout. It is important to keep a close eye on the price action and volume to determine the likelihood of a breakout. If the breakout does occur, it is recommended to manage risk properly and consider taking advantage of the potential bullish move.
JASMY Long setup: MASSIVE moveMajor trend reversal is in progress for Jasmine, As its currently retesting trend line on weekly chart,
Two entries are shown in chart based on my golden 0.5 and 0.66 pull backs,
Also its BTC pair is testing a very strong support level,
Basically its great time to get a long position on spot as first entry.
Lets see
Jasmy Diamonds diamond continuation/top/bottom patterns are rare and hard to spot, best used with other indicators or analysis tools etc.
when price breaks out of the diamond it can signal continuation of previous uptrend (or mark tops and bottoms). to measure the move take the high and low and you can take that distance from the break out as an estimated target, break out= entry, stop loss is the Higher Low (HL).
furthermore. it is vital to keep in mind that Diamond patterns are not always reliable, and traders should use other technical analysis tools in conjunction with the diamond pattern to confirm. and this is small time frame, highly volatile, crypto asset.
JASMYUSDT LONG#JASMYUSDT
I think that in the near future we will reach the price of 0.006982, where we may face resistance. If this range is broken, the next global resistance may be the price around 0.0085.
"Long" as long as we are above 200 ema (yellow line on the chart) and 20 ema (green line) on the Daily TF.
$JASMY/USDT 2D (#Bybit) Big falling wedge breakout & retestJasmyCoin finally regained 50MA support and downtrend seems over, let's swing long on demand zone, targeting 100EMA.
⚡️⚡️ #JASMY/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 4.5%
Current Price:
0.004642
Entry Zone:
0.004420 - 0.003402
Take-Profit Targets:
1) 0.005969
2) 0.007519
3) 0.009069
Stop Targets:
1) 0.002189
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Proft= +52.6% | +92.3% | +131.9%
Possible Loss= -44.0%
JASMY 4 HOUR UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.