Why Jasmy Faces A Bearish Outlook & How It Can Flip Bullish!JASMY Update — Why Jasmy Faces A Bearish Outlook, 0.027 Must Hold, And How It Can Flip Bullish!
In this post, we examine JASMY using the Ichimoku system. We discuss crucial areas, the challenges JASMY faces, and what needs to happen for it to continue being bullish. Let's get into it!
1️⃣ Just recently, JASMY flashed a bearish Tenkan/Kijun crossover (1). Such a crossover usually indicates the beginning of a bearish trend. However, it is worth mentioning that a bearish crossover above the cloud is considered a weak signal.
2️⃣ In addition to the above, the future cloud (2) has turned red. This is an additional signal that JASMY faces a bearish momentum.
3️⃣ Currently, JASMY is trying to stay above Span B (bottom line of the cloud, 3). This line often acts as strong support.
Possible Scenarios 👇
The most important level to watch is whether the price bounces off the support line or breaks out of the cloud to the bottom.
🔻A breakout to the bottom would flash a third bearish signal and massively increase the likeliness of further downward potential. In this case, the next support lies at 0.021.
🟢 A bounce of the current support must be followed by a cloud breakout to the top. A close above the cloud, followed by a reverse crossover of the Tenkan/Kijun above the cloud, would indicate strong bullish momentum, and JASMY should catapult to a level >0.03 quickly.
JASMYPERP trade ideas
JASMY: HIDDEN BULLISH DIVERGENCE (6 CENTS)JASMY reads hidden bullish divergence. Both move-ups took place in 24 days. The third move-up is about to occur because my hidden bull has appeared.
Each move up per 24 days has a higher value.
FORECAST for 8/11 sounds about right.
Why: I'm about to unveil the next 3D TF BITCOIN BULL RUN which takes place before, yet I won't release the date yet. This will surge JASMY.
You must see the hidden bull signals. History shows the BULL is near.
Beware of some delays. Never forget, Whales control the trend.
JASMY (JASMY)Threading the needle. Topside, Bottomside, somewhere inbetween. The line appears to make sense. My screen shifts due to TradingView not recognizing the resolution of my screen while creating the lines on the graph. The line should touch both crossing points and draw a straight line in the direction of those points.
$JASMY Bleeding ((Heading Lower))SEED_DONKEYDAN_MARKET_CAP:JASMY still bleeding and the wound wont close until $0.02400 - 0.02255
With $BITCOIN experiencing more Sell pressure from low liquidity in the market and Greed still elevated @ 64, we will continue seeing more pain the markets. This will be a short term.Bearish Trend, will update as needed. 🧐 📉
Targets:
SEED_DONKEYDAN_MARKET_CAP:JASMY = $0.02400 - 0.02255
CRYPTOCAP:BTC = $61,500 (@21 Weekly Moving Average)
JASMY (JASMY)In trying to understand how to use this indicator, I think the unconnected lines going down show where there are support lines, and the disconnected lines going up represent support lines for support and resistance type observations. I placed the lines on the graph according to the indicator with green being resistance lines and the red line being support.
(JASMY) jasmyThe volume value of Jasmy right now is actually not so high that it is worrying. Surely there will be days when the price of crypto is like a weekend from work or even times when people get speculative. The three larger values of volume in comparison to the price lines on the graph itself. Where will the price go from here?
(JASMY) jasmyCurrent view of the indicator I'm working on while still missing the main point of what I've been trying to do. The dotted lines show a measured point on the graph and is not drawn. The small dotted lines cover three distances of 50, 100, 150 into the past and up to the current timenow. Not exactly what I've been trying to do to make an indicator.
$JASMY on a Roll!! Awesome break by SEED_DONKEYDAN_MARKET_CAP:JASMY , volume, momentum and strong SEED_DONKEYDAN_MARKET_CAP:JASMY Community help support this Bullish momentum, all i can say is WOW! To my followers congrats on this amazing project.
- Analysis is showing me that SEED_DONKEYDAN_MARKET_CAP:JASMY is looking to continue higher to $0.0500 cents, we will be facing strong resistance at $0.05 be prepared for a pullback to $0.03325 and some consolidation before the next leg up 📈, momentum is very strong and Bulls are in control, i would NOT take a long position at this time, we need to wait for entry between $0.03325 - 0.0350 - 0.0380 - 0.040
Please be careful chasing this price action, it will dump on you, wait for the re-ntry points.
(JASMY) Jasmy Using auto fib set to 50 and auto retracement set to 75 Jasmy made a leap from the flat black all the way up to the next level of black. A good positional movement moment right now with strong levels.
Intotheblock.com states; 79% of holders are in the money right now, 8% of holders are from the last month, 15% of buyers are from large transactions.
JASMY going brazyJASMY is not playing. I"M BULLISH! I just learned that lock up mechanism is deflationary regarding total supply "This means at the moment of lockup , said coins are yanked from the basic market cap equation aka MC = price per coin ( circulating supply) . . .
The more coins locked the higher the price , similar to burn" I'm still new to the crypto world so this is my journey to become a millionaire. JASMY just broke .025 as im writing this post. Its not going to be a smooth ride but a potential +420% in the next month or two.
Jasmycoin #JASMY Double Bottom, W pattern on verge of breakout.#Jasmy is mooning today. And is about to clear a key technical level. In what appears to be a W pattern / double bottom. Some analysts are calling for large price targets on this coin in the bull run. And indeed it may go on to reach those dizzying heights that it achieved last Bull Run. My inclination of any Altcoin that has been exposed to a previous crypto cycle, is to temper expectations and generally hope it can reclaim 0.618 fib retracements. With that being said I have not done any fundamental research on this coin. Much like many of the coins I highlight. I just look for good charts and have been hammering the need to accumulate, accumulate, accumulate for over a year now. That work should have been done. i.e. your bags should have been packed. And of the worse mistakes you can do now. Is flip flop, between your altcoins, as you see one moon whilst the other does nothing. This is a sure fire way to screw up this Bull cycle. Only if you have made money on a big cap coin, should u think of rotating. Otherwise stick to what you have.
#Jasmy JasmyCoin (JASMY) has been experiencing an uptrend recently due to several factors:
Regulatory Changes in Japan: The Japanese authorities have officially approved venture capital investments in crypto projects. This regulatory change directly benefits JasmyCoin, Japan’s largest crypto project.
Partnership with Panasonic: Jasmy has partnered with Panasonic to launch a Web3 Internet-of-Things (IoT) platform. This partnership has led to a surge in JASMY’s price.
JASMY bulls are set to breach the $0.035 resistance, possibly pushing JASMY to the next resistance level around $0.05334.
Best of luck y’all!!! NFA
$JASMY = Srong Breakout!!Looking at the SEED_DONKEYDAN_MARKET_CAP:JASMY 4hr price action we have witnessed a strong break above the previous ATH of $0.0286 and momentum looks to bring it to the $0.0400 cent fibonacci level, as long as Bitcoin continues holding the $67 - $70k range in consolidation/support we should continue seeing more SEED_DONKEYDAN_MARKET_CAP:JASMY Bullish price action. Look for a possible re-test of $0.0286 - $0.0255 before next leg up 🧐📈
Will update as we move along, Stay Tuned 📺 👀