JASMYUSDT
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
JASMYUSDT UPCOMING!!Hi,
Hmm.... It's look like JASMY is forming a bullish cup and handle pattern on Daily Time frame. I think it's price gonna touch 0.01$. Next week would be bearish For JASMY cuz price should form the handle to complete the pattern.
Price has a support level at 0.6$ and 100MA is also proceeding towards this level to make it as a strong support. RSI is showing value above 70 So, it's also another factor showing us the price should have a correction before breakout. On Monday 24/04/2023 price could give a breakout. That's just my analysis always DYOR.
HAVE A GREAT DAY
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 Breakout Jasmyusdt
Breakout Confirmed, Expecting 25-40% Bullish Move
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JASMY CAN GO UPPER VERY SOONHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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 looks delicious for a long Hi friends, I just checked out Jasmy Long and it looks very promising, respecting the trendline. The RSI is also indicating a potential pump from the trendline.
I'm expecting a 13% increase from here to .006251
Follow me for more charts
and please don't forget to like :)
$JASMY - Long Idea.Odin Zone. I can finally give away this awesome looking setup. With an astonishing 35:1 RR, this one is a no brainer.
Keep in mind that this could take 2-3 weeks to play out, and we're not safe from the black swan event. So putting the SL will be super important, as well as having a plan B for if that SL hits: There are other entries to be had as well, the .786 zone has some confluence as well.
Looking the macro count, where you can see I have the initial bearish move being done, with the 1st wave of the new impulse also done, barring a Black Swan event. If we zoom in a bit... we see the subwaves of C. So depending on whether C is a diagonal or an impulse, that will determine the timing of our entry hitting.
I won't provide the exact numbers for the ideas here, you'll have to look on the chart.
Safe trades to all, and don't forget your SLs.
✴️ JasmyCoin | Focus On The Positive (Name Your Altcoin #31)We have a situation here with JasmyCoin (JASMYUSDT) which immediately called my attention after opening this chart.
We have the same pattern of a reversal forming after a low was hit/support found in late December, the same pattern as most of the Cryptocurrency trading pairs within the Altcoins market but JASMY's reversal compared to the others is weak.
While one of the main signals I look for in these charts is the recovery above the May/June 2022 low, this hasn't taken place here.
After six weeks straight closing green, JASMYUSDT is still trading below this level, in fact a rejection happened this week as this level was hit.
Marked here with a dark green dashed line.
Let's focus on the positive!
While this is a negative signal, we have many more bullish ones.
A major downtrend has been broken, coinciding with a bullish breakout off a falling wedge pattern.
The 26-Dec. hammer candlestick pattern has been confirmed by the following 5 weeks closing green, this is already old news.
More recently, JASMYUSDT managed to close above EMA21.
EMA10 was conquered in early January.
EMA10 gauges the short-term potential of a pair but here we are looking at the weekly timeframe, closing above this level sends out that much stronger of a signal.
While this week is red, we have a very strong support level marked light blue on the chart.
While JASMYUSDT stays above this level the bulls remain in full control, mid-term bullish potential remains active. That is above 0.004176.
Even if JASMYUSDT were to enter a strong correction and move below this level, the bullish potential remains intact above the late December low (0.002726).
We have 460% potential based on the current chart.
This is huge... Even if one is greedy this is still a lot and this can happen within a few short weeks or 1-2 months maximum.
Of course, things can vary and that's why we define/look at the support levels first.
If our support levels fail, the bullish bias is invalidated.
Also, knowing these levels we can remain calm if prices drop because we know exactly what to expect.
The first target on this weekly chart is EMA50 for 175%.
Why this level?
If you look at FETUSDT, FTMUSDT and other altcoins that went ahead, you will notice that they stopped at EMA50 first and then continued higher.
As these pairs retrace, money flows to smaller projects and they grow.
If you see them moving ahead, you know that the smaller pairs will also go there when it is their turn.
There are many groups and many sections of altcoins, first one group, then the next and the next.
First Bitcoin, then the TOP10, then TOP50, etc.
One can figure out what is going to happen to the entire market just by tracking the few projects that moved first.
One can spot the trend reversal before it happens by looking at all the markets together, futures, stocks, indexes, crypto, etc.
I am writing for your learning and entertainment of course... You never see 6 weeks closing green to be followed by a new low.
When you get this type of price action, is because the bulls are in full control.
Bullish for us simply means higher highs and higher lows.
Thank you for reading my friend.
I hope you enjoy the content.
Namaste.
Jasmy update, is it done retracing? If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Played out as the bearish Elliott Wave variant was laid out.
if it prints an impulse down the correction could just be beginning. If it prints a ZZ, could lead to continuation.
Cheers!
Jasmy jamminIf you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
This would probably be the most conservative Elliott wave impulse variant.
Got others, but want to see if it gives a retrace first.
Coming up and breaking .0082 and flipping it would have me considering more bullish alts.
Cheers!