Putting in a Limit Buy Order on Jasmy Coin @ .0737 CentsTraders,
Those of you who are my paid substack subs know that I stopped out of Jasmy a week or so ago. I have since been looking for a new area to re-enter. I believe we are near our new target down. I have placed a buy limit at .0737 cents.
Swing targets remain .27/.28 cents up to .39 cents.
I hope to capture my buy price tonight or tomorrow night. If I don't get in at that price, I will re-assess and re-evaluate the charts at that point.
Best of luck traders!
JASMYUSD trade ideas
Bullish Divergence on the 4HAs you can see in my chart we have a bullish divergence forming on the 4H here on the RSI.
Following Friday's massive dump we see the price continues to lower as the RSI creates higher bottoms.
This is a bullish indicator but doesn't necessarily predict JASMY's next move.
This is not financial advise, just an idea. Thank you.
JASMY: Critical LevelAlong with the rest of the market, JASMY has plummeted to a critical level, which is previous resistance from October. I suspect JASMY will likely hit the .786 fib level soon, and possibly further.
$.10 is imminent and would be a good accumulation zone.
This is not financial advice. These are just my ideas and opinions.
Jasmy Coin Update! Inside a larger Triangle. Could be til Dec. 8Quick update for those of you asking:
Yes, Jasmy did break up and out of the first triangle/channel. You will notice this price action on the 4 hour chart here in correlation with our RSI. Some were expecting a bigger movement. Keep in mind though that not only is crypto in an overall short-term drawback phase of sorts, but also, the broader market sentiment is spilling over into our crypto markets.
That being said, the 4 hr. chart shows us that we could actually go all the way to December the 8th before moving outside of this second triangle. Patience is key here.
I have outlined the potential price movement should we remain in the triangle till around the Dec. 6-8th time frame.
Keep in mind, we still could also drop from here. Be careful in this market. Have your stops set.
Best of luck traders!
- Stew
Jasmy Coin - Chart along with me. Let's find potential targets.In this video:
* I take you through a basic charting process
* We look at data, collect clues, discover indicators, that might help us determine future price targets.
* Final targets could be anything from .27 cents to .42 cents depending upon price, time, and pattern.
Best of luck traders!
JASMY could be promising in the next few weeks...RSI is mirroring fairly closely to what happened before the last run, as well as the price. We are currently trading on the yellow support line, which held up nicely in the past. Could see a jump to $0.3 with a small retrace, then to $0.5 with another retrace, and lastly the final run to the upside. Perhaps, right up to ~$0.5... but we shall see.
Possible bull pennantThe great news broke us out of that rough downard channel and a great run up.
I was hoping we could break that .26 but just not enough push yet. That's okay I am all for the healthy movement up.
After failing to break the .26 we just about dropped to the .618 retracement. We bounced off a prior support/resistance line right before the .618.
We appear to be form another bullish pennant. Of course we need the volume to stay up in order for it to confirm.
RSI is still a little high. Wait for confirmation of a breakout and watch for a retest.
If we can break out I think we have a good chance to blow past .26 and really move.
JASMY: Potential Targets for this CycleWith the recent Binance listing of JASMY, we are currently seeing a bullish breakout of the giant wedge pattern. Based on fib levels, I believe JASMY could end up somewhere between $.50 to $1 by the end of this run.
This is not financial advice. These are just my ideas and opinions.
Jasmy Potential Falling WedgeJasmy formed a potential falling wedge on the 30 minute. Falling wedges are typically bullish. I'm hodling Jasmy for 3-5 years because I think it has explosive potential, but if you wanted to swing it for short-term gains, these Fibonacci target levels aren't unreasonable imo. Whatever you choose, I wish you success and safe trading always :)
*Full-time Wyckoffian VSA cryptocurrency investor and swing trader since 2017. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and simple Fibonacci target zones.
I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself!
I review hundreds of coins & tokens daily and handpick all the runners myself (no bot signals). Good luck and safe trading to all.
** Not financial advice. Trade at your own risk.
Daily Crypto Market Update - Still Neutral to Slightly BullishIn this video:
* I put a pulse on our crypto market
* I run down a good number of altcoins
* I summarize the current market temperature through correlation of this data
* I show some bullish altcoins that are worth considering entry into.