Jasmy Cup and Handle FormationJapan is a heavily regulated country in terms of the cryptocurrency market. Jasmy is a cryptocurrency that is seen as Japan's Bitcoin.
A very clear cup and handle formation is seen in the weekly time frame. Jasmy, which rose after the handle breakout, still appears at the beginning of its rise.
I think Jasmy needs to stay above the HP filter ($0.025) for this rise to continue. As long as it stays above the HP filter, I think Jasmy will come back to the IPO price.
Jasmycoin
JASMYUSDT Ready to Explode? JASMYUSDT Technical analysis update
BINANCE:JASMYUSDT is moving towards the cup and handle neckline resistance, preparing for a breakout. The price has been forming the cup and handle pattern for the last 1,000 days. Once the price breaks above the neckline on the weekly chart, we can expect a significant bullish move, potentially 200% to 600% move possible in JASMY. This breakout could mark the beginning of a strong upward trend.
Jasmy / USDT: Bounce back from support, Breakout incoming ?JASMY/USDT: Bounce Back from Support, Breakout Incoming?
JASMY/USDT is showing promising signs 📈 as it rebounds from a strong support zone, gearing up for a potential breakout above resistance 📊. With the price gathering momentum, this could be the move traders have been waiting for 💥. Patience is key as we await confirmation of this breakout 🚀.
Key Insights:
1. Support Bounce: JASMY/USDT has rebounded sharply from a crucial support level, signaling buyer interest.
2. Volume Watch: A surge in volume during the breakout would confirm strong bullish momentum 🔥.
3. Bullish Indicators: RSI and MACD are turning positive ⚡, strengthening the bullish case.
Steps to Confirm the Breakout:
Look for a decisive 4H or daily candle close above the resistance zone 📍.
A noticeable increase in volume during the move is a strong confirmation signal 📊.
Retest the broken resistance as new support to validate the breakout ✅.
Stay cautious of fake outs with sharp reversals or long wicks above resistance ⚠️.
Risk Management Strategies:
Use stop-loss orders to protect your capital 🔒.
Position sizing should align with your trading plan and risk tolerance 🎯.
This analysis is for educational purposes only. DYOR 🔍 before making any trading decisions.
JASMY Emerging 1D Golden Cross can send it to 0.0900JasmyCoin (JASMYUSD) has been trading within a Fibonacci Channel Up on the 1D time-frame and it currently more than halfway through its new Bullish Leg. Ahead of its first 1D Golden Cross in 1 year (since November 23 2023), the price is pulling back today below the 0.618 Fibonacci retracement level.
This is exactly the same kind of pull-back the previous Bullish Leg had on February 22 2024. As a result, we can use this opportunity to buy at a lower price and target 0.0900. Technically longs are valid until the 1D MACD forms a Bearish Cross (was an accurate sell signal on June 09 2024 and March 05 2024).
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Alikze »» JASMY | Demand at the bottom of the ascending channel🔍 Technical analysis: Demand at the bottom of the ascending channel
- In the analysis presented in the previous post , in the daily time frame, after the inability to target the ceiling of the ascending channel, an alternative scenario was realized, which continued until the correction Liquidity Area.
- It is currently moving in a long-term ascending channel on the daily time frame.
- After meeting with the bottom of the channel and the Liquidity Area, demand has been encountered.
- At the moment, it is faced with selling pressure by exiting the triangle density in meeting with the specified resistance.
💎 According to the momentum, this reversal can be a pullback to a broken structure.
💎 Therefore, by maintaining the range of 0.01830, it can continue its growth until the next supply zone after breaking the resistance zone.
⚠️In addition, if it penetrates below the Liquidity Area, the bullish scenario is invalidated and the correction can continue.⚠️
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BINANCE:JASMYUSDT
#JASMY/USDT#JASMY
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.018000
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02000
First target 0.02152
Second target 0.02311
Third target 0.02572
Jasmy/ USDT: gearing up for a breakout above trendline resistancJASMY/USDT: Gearing Up for a Breakout Above Trendline Resistance
JASMY/USDT is shaping up for an exciting move 📈 as it approaches a critical trendline resistance zone 📊. The price has been consolidating tightly, creating the perfect setup for a potential breakout 💥. If the breakout happens, we could see a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before acting.
Key insights:
1. Trendline resistance: JASMY/USDT is nearing a long-standing trendline that has previously acted as a strong barrier. A break above this level could signal the start of a bullish rally.
2. Volume surge: A significant increase in trading volume during the breakout could confirm strong buyer interest 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are aligning positively ⚡, adding weight to the breakout scenario.
Steps to confirm the breakout:
Look for a clear 4H or daily candle closing above the trendline 📍.
A noticeable spike in volume during the breakout can confirm strong buying activity 📊.
A retest of the broken resistance as a new support zone adds credibility to the move ✅.
Stay cautious of fake breakouts, such as sharp reversals or wicks above the trendline ⚠️.
Potential targets (post-breakout):
Initial resistance:
Next target:
Risk management strategies:
Use stop-loss orders to manage your risk effectively 🔒.
Ensure position sizing aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
JASMY Long Entry Today
Today is a very special day for anyone interested in JASMY (JasmyCoin) because the system is giving us an entry signal.
In fact, the signal appeared on Sunday, November 24, 2024, but we had to wait for the price to retest the 200 MA, which it successfully did yesterday. Therefore, today is a good day to enter the market on the long side.
As usual, place your SL at PSR.
Good luck to everyone entering long into the market—trade wisely!
JASMY !!! System Signals LONG Entry Today !!!Today is a very special day for anyone interested in **JASMY (JasmyCoin)** because the system is giving us a **perfect entry signal** that follows all the rules:
- **Price is above the 200MA**
- The **local top** has been broken
- The **PSR (Parabolic Stop and Reverse)** has flipped bullish
If the daily candle closes as expected, we can confidently enter a **long position**, with the **stop-loss** placed at the PSR level.
Good luck to everyone entering long into the market—trade wisely! 🚀
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 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 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 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 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.
Is JASMY done? Taking a look at the daily chart, we see JASMY has been in a down trend (lower highs and lower lows) since the beginning of June falling back into this consolidation range where it was bound for 3 months during February - May. The fact that price has made a complete retracement of the breakout and back into the old consolidation channel, testing its low, is not a good sign to me.
The yellow lines on the chart represent the consolidation's boundaries with the top acting as strong resistance and the bottom now acting as strong support again. There's an intermediate level that acts as support/resistance around the .021 area.
The selloff on Monday, August 5th had substantial volume (last time we had that high of a volume was in February) which indicates to me that a large amount of coins were sold that day and people were taking their profits or getting out of their positions.
Moving forward, I would expect price to be bound within the range of this consolidation channel and if it breaks below it, the next support zone I see is around .012 - .013.
If price makes its way down to .015 - .016 again and consolidates there, it could be a great opportunity for a long position as that level is extremely strong. But, I need more data supporting that thesis before considering an actual entry.
Good luck to you all.
JASMY/USDT NEW INCREASE VOLUMEJASMY/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.