$JASMY : 2 bullish patternshello all
We cannot neglect the formation of two bullish patterns, cup and handle and falling wedge and this seems promising for a strong upward movement.
We also note the compatibility with the decreasing trend of the volume, and this is evidence of easing the trend and the closeness of its reversal to the top.
JASMYUSDT.PS trade ideas
jasmy in crucial caseJASMYUSDT: as you can see guys JASMYUSDT we have double bottom pattern so JASMYUSDT will drop down to 0.0260 USDT which is strong resistance so I foresee that it will goes up after this drop (this is the bitcoin effect :as you know guys each goes up or drop down in BTC will affect the other crypto and token )
The Playbook: JASMY, Looks ready to rip. Wait for Confirmation!Looking like a possible runner on the daily time frame. Wave 1 of Elliott Wave complete with a surge of inital momentum (yellow line crossing red line in upwards direction). That is the inital impulse of the wave. It looks almost ready for Wave 2.
I'd enter a position when the Chande momentum yellow line crosses above the 10-day moving average red line on the daily candles. For further confirmation, if the RSI crosses above the 10-day moving average (orange and blue lines) then that will reinforce the buy signal.
I'd hold this position for days until the either the chande or rsi peak and cross below the 10-day. This will be the sell signal.
The downside? BTC might rain on JASMY's parade. BTC current drawdown may keep JASMY from making that inital momentum push to get the 2nd wave started.
Consensus:
JASMY looks ready but wait for the confirmation from indicators below.
JASMYUSDT (4H) Bearish breakoutHi Traders
JASMYUSDT (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the $0.02780 support level. Only the upward break of $0.03470 would cancel the bearish scenario.
Trade details
Entry: 0.02780
Stop loss: 0.03470
Take profit 1: 0.02375
Take profit 2: 0.01915
Score: 4
Strategy: Bearish breakout
jasmylooks like we have ran into critical support as long as we remain above our .0289 support ide be at least looking for a push to the downtredning resiatnce at 0.0336. popping above and confirming as support on the downtrednign resiatnce leaves us with a target of roughly .05 cents! stops below 0.02 lets get it
I'm back! Apologies, everyone. (JASMY, LRC, ZIL, IOST)As the title suggests, this is just a bit of a wave hello after being gone.
I cannot post any more links within my charts, it seems.
I'm still getting used to the TradingView 🏠 rules. Up until about 2 weeks ago, I'd never shared anything to TradingView in all my years using the platform.
I'm a bit old(er).
However, I am back and will only be promoting anything within my signature. Thanks!
JasmyCoin Jasmy - similarity concerningJasmyCoin Jasmy - similarity concerning
Must be nothing but the chart similarity on price, MA Ribbon and RSI may show further sell-off action.
What do you think? Do you HODL Jasmyusdt dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing