Jasmy 12 TFJasmy on the 12 HR TF, survived a red candle and still in the upward parallel channel, it would be very nice if we can get strong price action away from the 21 EMA. Let us wait for the candle to print.
JASMYUSD trade ideas
$JASMY Bullish PennantLooks like light at the end of the tunnel, SEED_DONKEYDAN_MARKET_CAP:JASMY currently forming a Bullish pennant with intentions of breaking the $0.0250 resistance. Once Jassy breaks 0.025 it will head to 0.04 some short consolidation and blast right to $0.08 which shpuld hold more resistance. Jasmy is a sleeping giant with excellent tokenomics, im holding 1million strong, back up the truck and load up! 💪🏼💥💥🔥🔥🚀🌒📈
Triangle WeeklyPlease be careful on the weekly, Jasmy has appeared to form a descending triangle, please watch out for direction of break out. Even though in trading literature, descending triangles tend to have bearish break outs, please look at the chart and see the bullish breakout of the last descending triangle.
cup and handle in jadmy coinas shown in the chart its clearly the cup and handle pattern
the handle descending trend line is broken
please notice that you can open your position with maximum leverage 3x!!!! (do not greed)
Jasmy, aiming for that cup and handleHello, ive got no idea where Jasmy is going but im going to put a alarm on the 0.5 fib. From there i buy in and got a amazing target at 0.73. Trade save and let me know what you think
Correction how long?Jasmy has a bullish set up forming on the 12 hour TF, RSI levels are healthy. After a long wick candle (it is not printed yet)but a bullish engulfing candle may be forming on a key level near the bottom of an upward channel. Bottom indicator stop flashing hinting possible reversal in price. Be very careful.
Another hurdle With all the Euphoria can Jasmy break out the Value Zone, the good news is that with the most recent candle it broke out of a downtrend with a bullish engulfing candle, but it is less than 10 percent away from clearance from breaking out the Value Zone. Another exciting week for Crypto!
Jasmy possibly may glowCan Jasmy break out of the downward parallel channel, or is this an euphoria run.
Positives- Good SRSI and RSI readings
Green bullish candle forming on 50EMA and on key level
Negative- needs to break out of downward parallel channel. Global and local and geopolitical affairs, how long will this euphoria last in the market?
Upward Channel or Head and Shoulders?Jasmy on the day chart has formed two long wick candles above the 50 EMA and on the 50 % Fib level. It would be nice if Jasmy makes and upward channel and cycles up but that is subjective at this time and one could say Jasmy is going to form a head and shoulders and fall out the channel. It would be nice for price movement to make an upward channel movement, and move up from the 50 EMA and 50% Fib level with a bullish cross over on the SRSI. We must see what today candle prints and be very alert and careful.
Possible break out?Nice parallel structure forming, and accumulation happening around 21 EMA on 15 Min Chart. Double bottom possible. Let's hope for a nice bullish price movement. Observe that Jasmy temporarily is in an uptrend and SRSI is in the oversold zone. Let's hope for a break out.
Markets volatile and election week please be careful.
JASMY room for possible growthRisky play here
It seems like Jasmy may break out it's downward triangular structure which would be good news for Jasmy Holders.
SRSI and RSI levels look decent.
Chance of a bullish MACD crossover.
Paper Trade if you must very safely.
JASMY jasmy "wedge view"This is the wedge view for Jasmy based on 100 day and 50 day past moving averages trajectory leading up to Nov 1st 2024. The range anyway. This does not mean the price is subject to necessary stay within the boundaries of the purple lines drawn as much as the projected outcome for the price in a variable sense according to today from the indicator I use. Obviously, BTC movement seems to always impact the rest of exchange traded cryptocurrency tokens or coins so when the price of BTC fell so did everything else. Seems like a cop out for the price of cryptocurrency trends to always fallowe BTC necessarily considering how indicators should in some ways tell a different story for different cryptocurrency.
(JASMY) jasmyCurrent trajectory for Jasmy using a previous shape to plot to fan assist tools, one on top and one on bottom, from the two fans creates a gap in the middle where the trend of Jasmy appears to visually chart its price.
(JASMY) JASMY The price is maintaining nicely, the graph shows an indicator that measures moving averages and overlapping information. Circles are progress signals, crosses are negative signals. The recents show crosses around the same time the price was falling. Also I modified my indicator's colors and adjusted things to be more starry to look at. Sometimes it's more for the sake of knowing I'm going to stare at the same indicator for a long time. Many indicators outside BTC, ETH, Jasmy, are showing signals of cryptocurrency overall reaching a well point surpassing the crossunder length of the longest running moving average lines. Jasmy is not showing long moving average lines crossing and is maintaining a strong price increasing inertia. Long lines will have big circles or big cross and short lines will have small circles or small cross in this indicator. The 10 and the 50 is the yellow line.
(JASMY) jasmySome sort of anomalous glitch is happening with my indicator. I am seeing doubled lines. I have never seen this on any cryptocurrency, ever.
(JASMY) jasmy Is now a good time to buy? The price is awfully close to turning over to the green side. If the line goes green the price could have a small surge increasing the price of Jasmy. I remain along the sentiment that Jasmy is gaining in price, not losing.
Jasmy Weekly Hidden Bullish DivergenceSEED_DONKEYDAN_MARKET_CAP:JASMY has a confirmed hidden bullish divergence on the weekly chart. There is a also a case to be made for a double hidden bullish divergence, although the previous one may have already played out.
Hidden bullish divergences are more effective than regular divergences because they are a trend continuation signal. The hidden bullish divergence shows us that even though RSI made lower lows, the price held the gains made in previous sessions (higher lows). In other words: RSI has reset to lower levels, while price is higher, which means the RSI has more room to run up from a higher starting price point.
Looking at the broader market, we can say that crypto is still in a bullish uptrend, which only adds to this signal's strength.
As a general rule of thumb; the longer the timeframe, the more significant the signal. The weekly timeframe is a LONG timeframe, so this confirmed hidden bullish divergence for #JASMYUSD can be considered as a very strong signal to go long or to add to your long-term spot positions.
Furthermore, there is a case to be made for a clear corrective A-B-C structure since the recent highs around $0.044. If this is the case, than expect #JASMY to run hard and fast once the market regains strength.
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 breaking down? Where to buy?As you can see on the daily chart, JASMY is continuing its way down. It looks like an inverted cup and handle with current price breaking below the handle and retesting it.
If further downside occurs, I will expect price to trade within the marked Potential Buy Zone which happens to be around the top of the previous consolidation's range.
I will continue to monitor price and look for opportunities in the PBZ if price makes its way there.
What do you think? Do you agree or disagree? Are you bullish or bearish? Why?
(JASMY) JASMYI think there is some hope that the price remains inside the triangle. No surprise the price fell along with other cryptocurrencae. The changing trending lines show the price remains in a strong pattern with potential to recover in price (50 day, 100 day sentiment)
(JASMY) Jasmy Check it out, I figured it out. I changed the color on the top, but not on the bottom. Two color one indicator parabolic with james bond 007 settings. #UkraineN64
