JASMYUSD trade ideas
Falling wedgeKeeping the updates going.
BTC stole our thunder during our last run up. However, it is now forming a nice falling wedge. We have some support lines coming up as well which could help a early breakout.
At this point BTC has stabilized enough that we just need some volume for us to pop again.
I'll be even more bullish if BTC gets back over 60k but most alts aren't waiting around.
Great time to buy JASMYDo your own darn due diligence and research ur stuff. But according to my lines we're at the tip of something hopefully good. Again, don't rip out any organs and bet them solely on my written things here, it's not advice. What do you think?
Explanation: the green lines are long trends that the price has hugged, the earlier one bounced off it and pumped, hoping for a repeat of this action..
JASMY: Tightening UpI would not be surprised if JASMY gets a reversal soon. The falling wedge keeps getting tighter, which USUALLY triggers a run up in the near future.
If the lower trend lines fails, then it is still possible for it to tap the .786 around $.10, but it may not necessarily hit it.
This is not financial advice. These are just my ideas and opinions.
Jasmy bounce? Jasmy is trying to bounce. It seems to have found a nice support zone and is builing higher lows. We need to keep the volume up for this to not turn into a bear situation.
Other lines you see are prior support/resistance.
I doubled down at the .132 for some DCA (dollar cost average) for my higher buys.
JASMY: This Pattern Looks Familiar 🙂For those of you who followed my IOTX post from November 8th, you will notice that JASMY is forming a similar falling wedge pattern as IOTX did.
Here is my IOTX post from November 8th so you can see what I'm talking about:
This is not financial advice. These are just my ideas and opinions.
JASMY Phase 3 Breakout "Could" Start Tonight/Tomorrow**Not financial advice. Just my thoughts based on Trend Analysis.
**BTC is in limbo and could head down near term. This could force JASMY down vs breaking up out of the triangle.
**Sometimes its safer to wait for confirmation vs buying what you think is the bottom.
I personally think JASMY finds a bottom between 7PM est 11.14.21 and 7AM est 11.15.21
JASMY is near support, near the edge of breaking out of its triangle and could break out in the very near future. (It could also breakdown)
JASMY likes the Demark 9 Count on the 45M, 4HR and 18HR timeframes.
***For short timeframe scalps I use the 45M TF to identify 9s and good times to sell.
A 9 will print on the 45M TF around 530PM EST. This "could be its bottom"
***For buy signals I use the 4HR TF to identify 9s.
The 4HR candle is currently flashing a 5. Which means we could still be headed down for 16 more hours until the reversal.
***For long term buy and sells I use the 18HR TF for buy and sells.
JASMY is currently printing a 9 on the 18HR. A new candle will print around 7PM EST.
JASMY Markup ImminentJASMY is prepping to markup from its present reaccumulation pattern.
*Full-time Wyckoffian VSA cryptocurrency investor and swing trader since 2017. I regularly seek out the most lucrative swings on all major crypto exchanges.
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** Not financial advice. Trade at your own risk.