JASMYUSDT Idea- PullbackHey traders!
JASMY has been on a strong run lately, reaching highs of $0.2890 on the daily and 4-hour charts. However, it's natural for any asset to experience pullbacks after a significant climb. In this case, JASMY found support around the 50% Fibonacci retracement level, which often acts as a historical buying zone. This area also coincides with daily resistance, indicating a potential turning point.
The good news? The bulls (investors hoping for price increases) seem to be back in charge! After the price correction, JASMY has shown renewed momentum and could be headed towards the $0.35600 price range.
JASMYUSDT
JASMY Set for Breakout? Analyzing Key Levels and MomentumJasmyCoin (JASMY) has been in a downtrend but has recently started to recover. There are two red trend lines indicating an ascending channel, suggesting a potential continuation of the uptrend if the price stays within this channel.
Support Levels:
0.01250
0.01724 to 0.01720
0.00828
0.00306
Resistance Levels:
0.02379
0.03450
0.05012
Price Movements:
The current price is 0.0221.
- The price recently bounced from around 0.01724 and is now facing resistance at 0.02379
- If it breaks above 0.02379, the next resistance is around 0.03450 and potentially 0.05012
There is a noticeable increase in volume during the price recovery, indicating strong buying interest.
Bullish Scenario:
- If the price breaks and closes above the 0.02379 resistance level, it could target the
0.03450 resistance and potentially reach 0.05012 if the bullish momentum continues.
- The ascending channel suggests that as long as the price stays within this channel, the uptrend is intact.
Bearish Scenario:
- If the price fails to break the 0.02379 resistance and falls below 0.01724, it might test the lower support at 0.01250 and possibly 0.00828.
- The stochastic oscillator's behavior should be monitored for potential bearish crossovers that could signal a downturn.
JASMY ANALYSIS🔴 #JASMY Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #JASMY in daily time frame. We can expect around $0.02750 bullish move if the price perfectly retests the level📈📈
🔰 Current Price: $0.02081
🎯 Target Price: $0.02750
⚡️What to do ?
👀Keep an eye on #JASMY price action. We can trade according to the chart and make some profits. ⚡️⚡️
#JASMY #Cryptocurrency #Breakout #DYOR
[JASMYUSDT] - on the verge of breakout!Consolidate a bullish pennant pattern in 3D chart and looks it attempt for huge breakout.
Upper side of bullish pennant and 0.618 fib is gathering together.. breakout meaning a 160% bullish from that point
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📈Daily Analysis: Exploring JASMY for Profitable Trades🎯🔍Yesterday, Bitcoin formed a strong bullish candle on the daily time frame, highlighting the importance of considering all scenarios to avoid being caught off guard by market movements. One of our scenarios suggested that a false breakdown of support could lead to an upward move. This indeed happened, with Bitcoin not only rising but also breaking through the $64,400 resistance and currently consolidating.Today, we will analyze JASMY, a coin that could offer good trading opportunities in futures markets. Let's identify potential entry points for profitable trades.
⚡️JASMY is currently in an uptrend on the daily time frame, making it suitable for long positions. However, the momentum has shifted as the SMA99 has caught up with the candles, indicating the possibility of short positions since the bullish momentum has waned, allowing for potential downward movements.
✅Support and Resistance: The price is consolidating between the 0 and 0.236 Fibonacci levels, with a support zone between 0.236 and 0.382 that has held despite significant selling pressure. A descending trend line was faked out once and has now stabilized above it, yet it hasn't triggered a decisive move.
📈The key trigger for confirming the continuation of the uptrend is at 0.021070, the previous high that led to a lower low. A candle closing above this level would suggest buyers are regaining control, making it a reliable entry point for long positions.
Main Trigger: The ultimate trigger for a long position is at 0.024527. However, this level may break with a large candle, leaving little room for a logical stop-loss. Thus, trading at the 0.021070 level is preferable.
📊For a more robust confirmation, look for increasing volume in green candles. Without this, the upward trend may show weakness. Additionally, an RSI stabilization above 56.47 would confirm the re-entry of bullish momentum into the market.
📉The trigger for shorting JASMY is at 0.017195. However, given the overall bullish structure and better shorting opportunities in other coins with more pronounced downtrends, shorting JASMY is not highly recommended.
📝In summary, JASMY presents a potential for long positions, given its current uptrend in the daily time frame. The critical trigger level to watch is 0.021070, with further confirmation needed through increased trading volume and RSI stability above 56.47. While short positions are possible, the coin's overall bullish trend suggests focusing on long positions or finding other assets with stronger bearish trends for short trades. Stay vigilant and manage your risks appropriately to capitalize on the market movements effectively.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
JASMY can 545% in a few weeks, buy now!Technical analysis
JASMY is breaking out of the symmetrical range after 520 days. It has been a long time, and this coin can make a 545% profit in a few weeks or days. It's best to buy the coin right now. Sometimes pumps are very fast and steep. I am expecting a strong Elliott Wave impulse wave to happen in the immediate short term.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Fundamental analysis
What Is JasmyCoin (JASMY)?
JasmyCoin (JASMY) is a cryptocurrency project of a Tokyo-based Internet of Things (IoT) provider Jasmy Corporation. As a system, the Internet of Things includes mechanical and digital elements endowed with an identifier and the ability to transmit data. The IoT company Jasmy specializes in buying/selling data, and the Jasmy platform connects two categories: service providers and data users.
The Jasmy platform was built to restore and protect the sovereignty of individual data by combining IoT technology with blockchain technology and giving users full control over their personal information. The main goal of the project is to establish a secure environment on the platform where users can exchange data in a trustless manner between IoT devices (computers, cars, phones) and decentralized protocols.
The mission of Jasmy developers is to create an environment by shaping an infrastructure where users can easily, safely and smoothly use data. As a result, Jasmy aims to provide its users with a powerful infrastructure, an intuitive interface and a secure environment for storing and sharing data. In the Jasmy space, information can be transformed into personal assets.
Jasmy decentralizes the workflow with edge computing and storing data on IPFS (InterPlanetary File System). The philosophy of the project is based on the democratization of data using a decentralized model, where data is securely protected and owned by an owner, and service providers get the opportunity to promote their services/business using data (owned by users).
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
JASMY ANALYSISRisk warning:
This coin is included in the high-risk symbols of Binance and may be removed from Binance at any moment, usually the currencies that are removed from Binance have a heavy drop.
JASMY has created a large and time-consuming base, and then JASMY has left this base with a sharp move.
We have a big IFC move on the chart and there is also no pullback to the BASE range.
It is expected that a pullback to the base will be done with high volatility, and then the main and upward rally will be created.
The targets are clear on the picture.
This analysis will be violated if the weekly candle closes below 0.00440.
We are looking for buy/long positions in the green range.
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
Spotlighting the Dynamics of JASMY/USDT - JasmyCoin: TD Sequenti◳◱ On the $JASMY/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.022143 | 0.024155 | 0.028977 and support near 0.017321 | 0.014511 | 0.009689. Entering trades at 0.018218 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: JasmyCoin
▣ Rank: 108
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.018218 ₮
▣ 24HVol: 5,673,036.593 ₮
▣ 24H Chng: 1.296%
▣ 7-Days Chng: -9.70%
▣ 1-Month Chng: -13.02%
▣ 3-Months Chng: 251.11%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.022143 | 0.024155 | 0.028977
◢ Support: 0.017321 | 0.014511 | 0.009689
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -1.31
▣ Last 90D: 3.45
▣ Last 1-Y: 1.36
▣ Last 3-Y: 0.35
◲◰ Volatility :
▣ Last 30D: 0.96
▣ Last 90D: 1.90
▣ Last 1-Y: 1.20
▣ Last 3-Y: 2.60
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.51 - Bullish
▣ In-depth JASMYUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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JASMY LOOKS BEARISH From where we entered "start" on the chart, it seems that JASMY has entered a triangle pattern.
In wave E, the last wave of this triangle can be completed and we can see a drop.
We specified the targets on the chart, the final target is the green line (TP).
Closing a daily candle above the invalidation level will violate the analysis
invalidation level : 0.022833
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
✅ 4R MOVE, TRADE REVIEW: $JASMYUSDT - GUARANTEED WIN- JASMYUSD has soared to +8.72% since i issued my alert in the morning
- Currently the idea represents a 4x move, this is the Maximum Favorable Exersuion (MFE)
- Generally when. a trade receives a 2x I do 1 of 2 things:
1) Either reduce half
2) Bring stop loss to breakeven
/Sometimes I use more avanced techniques but not the topic of conversation here/
Since JASMYUSD is very speculative name that can move a lot, I would look to use technique no.2 2) to improve my risk reward management and improve my worst case scenario.
Why 2) and not 1) - well, I knew the stock is thinned and as said in the previous alert, I did position size for this and will be willing to play the hand on larger move of smaller position size.
- what is important is to manage the risk of the trade and explained in this idea and the previous ideas linked is how you can manage it.
You can review the timestamps of the ideas and hence see that this is real time advice.
✅TRADE REVIEW: $JASMYUSD- Opening a position.
- Very risky so I have positioned sized accordingly
- Very tight stop as well
I want to see this GO right away and have no patience
It is a lower quality name in an uncertain market.
I see above average volume moving up.
Consturctive pattern.
If you are aware of the High Tight Flag (or PowerPlay) concept in stocks, I use this analogy when I trade crypto. The HTF requires a +100% move up (powerful) and less than 20% correction - indicating stong buyers piling into the stocks. I extrapolate this logic into the more volatile crypto names as I would like to see less than 20% retracement of the gain. To explain further, JASMYUSD has soared +450% since Feb2024. I would take 20% of 450% and allow this stock to correct up to 90% to be a valid base. Currently it has corrected only 40% and is staring to move up with great volume patterns. Hence why I have been willing to risk capital into this TRADE.
#JASMY/USDT#JASMY
The price is moving in a triangle on the 4-hour frame and we have a green support area at 0.01850
We have a higher stability of 100% moving forward
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.0815
The first target is 0.02125
the goal. The second is 0.0253
The third goal is 0.02634
Breakthrough in Play?JASMY is currently trading at $0.02150, capturing the attention of traders with a notable last day increase of over 15%. This surge in price is underscored by a substantial trading volume, suggesting strong market participation in this movement.
The technical indicators exhibit mixed signals: The Bollinger Bands indicate that the price is nearing the upper band, which can act as a resistance level. A breakout above this band could suggest continuation of the upward trend, but as the price approaches this upper band, traders should be cautious of potential pullbacks.
The MACD shows a bullish trend, with the histogram in positive territory and the MACD line above the signal line, indicating current momentum may carry forward. However, traders should look for continued positive histograms to confirm the persistence of this trend.
The RSI, while not in overbought territory, leans towards the higher end, suggesting that there may be some potential for upward movement before the market considers the asset overbought. Yet, caution is warranted as it approaches the 70 level, which is often interpreted as a sign that a pullback could be forthcoming.
The Stochastic oscillator (%K and %D lines) are not in the overbought zone either, but they are trending upward, which typically supports the bullish sentiment.
The chart annotations highlight a breakout with a need for confirmation. This means that while JASMY has pushed past a resistance level, traders should seek further bullish signs to confirm the breakout's sustainability, such as higher highs and higher lows, as well as support levels holding strong in case of a retracement.
In summary, JASMY shows promising bullish signs, but it faces a critical test as it encounters strong resistance levels. Traders should monitor these levels and look for confirmation before drawing conclusions about the continuation of the trend.
JASMY → still running!hello guys...
as you can see this coin break an ascending channel and touched the next level!
the last move was a sharp one and we can expect the next upward movement start from the blue area!
the next target is 0.028399
___________________________
💻📞☎️ always do your research.
💌📫📃 If you have any questions, you can write them in the comments below, and I will answer them.
📊📌❤️And please don't forget to support this idea with your likes and comment
JASMYUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome.
We've got Ichimoku Cloud breakout which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
RSI Bullish divergence signaling the bears have lost power for now.
Targets:
1) 0.0050
2) 0.0055
3) 0.0065
4) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan.
Let's see how it plays out!
Kina 🚀