JASMYUSD
Jasmy on a triangle!Jasmy is on a triangle!?!? I can't believe jasmy has acquired enough volume to create a semetrical Triangle! The question is, will we break it up or down?
Up target: 0.0560
Down target: 0.0315
let's wait for for a 15 minute candle closing above or below the triangle to trade the break fo the triangle!
Jasmy Update: I have found an interesting signal to watch!Jasmy Update:
- Suppression has appeared to have subsided for the time being
- An interesting artifact I have uncovered. Could this be a secret signal?
- And I do some technical analysis, looking for good entry/re-entry areas.
Wallet I have been tracking:
0x8578ebedb49c18231ccaa41610ac5eda0a5d00ee
JASMY: You're a HeartbreakerWhen I think of JASMY, I think of a beautiful woman that has broken so many hearts. No matter what price you bought at, she kept going lower, and lower, and lower.
After a 300% pump in just over a week, it seems that JASMY may have found a potential bottom after breaking a major downtrend.
Major resistance is around $.065 due to it being previous support. If that gets broken, then I think JASMY could very easily 10x from the bottom.
JASMY/USDTI will trade the smalle pattern within the wedge on the 15 minute chart and the wedge on the 1h chart. If the smaller triangle breaks to the upside I will go long and set TP at the upper trendline of the wedge, if the triangle breaks to the downside I will wait and go long at the lower trendline of the wedge with a stop loss just below it.
Jasmy Leadership is walking a very fine line. If it breaks, done
In this video, I discuss what might happen if the Jasmy price suppression strategy backfires and retail investors begin to turn on Jasmy and take their money elsewhere.
Links and Data:
Wallet involved in price suppression:
0x8578ebedb49c18231ccaa41610ac5eda0a5d00ee
Last Video I did tracking the price suppression activity and origin (see link to related videos below).
Thoughts on JasmyNot financial advice. Just a guy sharing some thoughts, so dyor.
I've recently started using the following indicator, Bitfinex Open Interest Change Per Bar (by veblen) , here is the key from veblen's original post.
"Key:
Positive green bar = Open interest increase, predominantly longs opening.
Positive red bar = Open interest increase, predominantly shorts opening.
Negative green bar = Open interest decrease, predominantly longs closing.
Negative red bar = Open interest decrease, predominantly shorts closing."
As you can see, the last week we have seen net positions either = to longs being opened, or shorts being closed. I am not here to vouch for Jasmy longterm, but I do think it's due for a pump. I'm planning to take some profits around $0.052, and keep a tight SL on anything after that. It's possible that it will pump higher, just remember to take profits when you have them!