JASMYPERP trade ideas
JASMYUSD Pullback To Value Zone, Bullish Reversal Likely!JASMYUSD has pullback to its value zone!
N.B!
- JASMYUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#jasmyusd
#crypto
JasmyCoin (JASMY) 10xOn a recent update to the expected alt-token market dominance idea I alluded a number of alt-tokens can expect a 10x return.
On the above 2-day charts price action has corrected over 95% since last November! Ouch. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints. This is also true for the 5-day chart (below). You don’t often see those signals on the 5-day but when you do… currently 9 alt-tokens across the entire market using high volume exchanges are printing this signal on the 5-day.
2) RSI resistance breakout on both trading pairs.
3) Less that 45% of the circulating supply is held on the top 10 wallets. Normally I don’t mention this in my ideas but when you’re looking <$100m market cap it is relevant. It is surprising how many of the popular tokens out there have 90% of circulating supply held by the top 10 wallets excluding exchanges. On this one the exact opposite is true, excellent.
It is possible price action falls further? Sure.
Is it probable? No.
Good luck!
WW
PS: If I have time I’ll think about publishing the other 7, or have I already ;-)
5-day incredible buy
Everything is breaking upwards and the FOMO is real!Traders,
In this video, I'll be reviewing the weekly price action from Bitcoin, Ethereum, and our altcoins chart. We'll also take a look at the Dollar, US500, and some leading alts. It is important that we remain rational during this bullish crypto rally, not to FOMO in, and to wait for these bulls to prove themselves.
Stew
JASMYUSD Next Move To $0.01Jasmy was rejected at the purple resistance area and is almost ready to make its next move if BTC does too. Based on Jasmy’s previous pattern we could see it break $0.01.
It will still have more work to exit the top of the resistance area. Once we can close above that area, I expect a major run up.
What do you think?
Not financial advice.
$JASMY was GOOD SELL close to top, 3 of fewSitting on some cash as we took SOME #crypto longs off as we clearly posted that $BTC was looking weak
Will look for new positions, sticking with what works
Sold a lot of "risks" did recently
Good sell on $JASMY
Doesn't look anywhere near as bad as $MKR
1Hr oversold
Keeping an eye on 30 Min to verify
#IOT #Security #jasmy #crypto
JASMY Entering Heavy Resistance ZoneNice move to the upside today. JASMY is about to enter a heavy resistance zone. We could get some rejection or sideways action here, but the RSI still has room to grow. Once we get above the 0.012 price I think we will be off to the races.
Good luck!
Not financial advice.