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.
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JASMYUSDT
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 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 ANALYSIS📊 #JASMY Analysis
✅There is a formation of Descending triangle pattern on daily chart 🧐
Pattern signals potential bullish movement incoming after a breakout
👀Current Price: $0.01950
🚀 Target Price: $0.03150
⚡️What to do ?
👀Keep an eye on #JASMY price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#JASMY #Cryptocurrency #TechnicalAnalysis #DYOR
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 Analysis - What Shall we Expect !!!JASMY continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for JASMY in the near term👀
✨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 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.
DYOR. NFA.
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#PEACE
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...
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(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 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!!
Is JASMY Poised for a Major Bullish Reversal? Watch This Level!Yello, Paradisers! Could #JASMY be on the verge of a significant move? Let's dive in.
💎#JASMYUSDT has recently shown a strong rebound from a key demand zone, marked by a powerful green candle that indicates bullish momentum. The critical area to watch now is the resistance zone between $0.0253 and $0.0275. This zone aligns with the 0.618 Fibonacci retracement level, making it a crucial barrier. If JASMY successfully breaks above this resistance, we could see a significant upward move toward our target levels.
💎However, there’s another scenario to consider. If JASMY fails to break through this resistance and faces a strong rejection, the price is likely to reverse and head downward, potentially revisiting the demand zone around $0.02. If the demand fails to hold, the price might drop further into the strong demand area.
💎Historically, when the price repeatedly tests a strong demand zone, it often rebounds upward. But be cautious—if JASMY breaks below this strong demand, it could signal a bearish momentum shift, invalidating the bullish outlook and leading to further downside.
Stay disciplined and ready to act based on how the price reacts at these key levels.
MyCryptoParadise
iFeel the success🌴
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: Resistance and Bearish MarketKey Factors Influencing JASMY Price
1. Technical Indicators and Their Implications:
The MACD histogram at -0.00011 and the MACD line at 0.00054, signal line at 0.00065 indicate a potential bearish crossover, suggesting a cautious outlook.
With %K at 53.08 and %D at 57.95, the Stochastic Oscillator is in neutral territory, indicating neither overbought nor oversold conditions.
The RSI at 55.52 indicates a neutral stance but with a slight bullish bias, suggesting room for price movement in either direction.
2. Price Trends and Resistance Levels:
Potential Market Scenarios
Bullish Scenario:
A break above the local resistance at $0.03294 could lead to further upward movement, potentially targeting the next resistance levels and continuing the bullish trend.
Bearish Scenario:
If JASMY fails to break above the local resistance, it could retest the support levels at $0.03170 and $0.03058. A break below $0.03058 could signal further declines, with the descending channel suggesting potential lower targets.
Conclusion and Market Outlook
JASMY is currently positioned with significant support and resistance levels to watch. The potential bearish MACD crossover and overall market activity suggest caution. Monitoring the key resistance levels and potential pullback points is crucial for making informed trading decisions.
JASMY's situation+next targets and expected movements. BINANCE:JASMYUSDT
Price can reach to target after than a little correction.
✨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!!
Urgent Update on #JASMYUSDT: Is a Major Move Coming Ahead? Yello Paradisers! #JASMYUSDT is making some interesting moves after its breakout from a descending channel. Let's analyze #JASMY and find out what's next:
💎#JASMYUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #JasmyCoin has successfully breached it and is now coming to retest its upper boundary.
💎The key resistance level at $0.0228 has now flipped into crucial support. This level is pivotal as it has been respected multiple times in the past. If #JASMYUSDT can maintain its momentum above $0.0228, there's a strong possibility of a sharp upward move.
💎However, the scenario changes drastically if the price falls below the $0.0228 support level. In this case, the focus shifts to the next support zone at $0.019 - $0.0205, where a bullish rebound could potentially occur.
💎While it might be tempting for some to short at this point, it's crucial to maintain a broader perspective and wait for confirmation from price action. A break below the $0.0192 support will likely trigger a significant downward move, leading to further price decline.
Be smart, Paradisers! The market rewards those who are prepared and stay focused on their long-term goals.
MyCryptoParadise
iFeel the success🌴
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:JASMYUSDT
broke out the bull flag on 2D timeframe
Up we go📈
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/USDT#JASMY
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the green support area at 0.02200
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 0.02350
The first target is 0.02600
The second target is 0.03000
The third goal is 0.03300
JASMYUSDT.1DLooking at the JASMY/USDT chart, we can see a detailed technical analysis unfolding with various elements to consider:
Support and Resistance Levels:
Support Level (S1): At $0.01832, this is a critical level that JASMY must hold to avoid further downside. It's apparent from the chart that this level has provided support in the recent past.
Resistance Levels (R1, R2, R3, R4): R1 at $0.03071 is the first significant barrier that needs to be overcome for a bullish scenario. R2 at $0.03840 and R3 at $0.04469 mark higher peaks, which could indicate substantial price targets in a strong upward move. R4 is off the current screen but would be an ambitious long-term target.
Technical Indicators:
Relative Strength Index (RSI): The RSI is around 40, suggesting that JASMY is neither severely oversold nor overbought. This leaves room for movement in either direction, depending on market influences.
Moving Average Convergence Divergence (MACD): The MACD line is below the signal line, indicating bearish momentum. The negative histogram values further confirm this bearish sentiment, suggesting caution for buyers.
Given these insights, my current strategy would involve closely monitoring the $0.01832 support level. A consistent hold above this level may provide a buying opportunity, targeting a move towards R1 at $0.03071. Overcoming R1 would then shift focus to R2 and beyond, depending on volume and market sentiment.
However, the bearish MACD suggests that any positions taken should be managed cautiously with strict stop-loss orders to mitigate potential losses from unexpected downward movements. Additionally, it would be prudent to watch for any changes in the MACD and RSI indicators for early signals of a possible trend reversal or continuation of the current trend.
Investors should remain vigilant and flexible, ready to adapt to any sudden market changes that could affect the price dynamics of JASMY. As always, understanding the broader market context and any news affecting the crypto market or JASMY specifically will be crucial in timing these trading decisions effectively.