JASMY Idea - Update for bullish trendHere's the rewritten text in a friendly tone:
Hey Traders! I noticed something interesting on the JASMYUSDT chart.
The price bumped up against the 30 and 60-moving averages on the 4-hour timeframe, which can sometimes act as a bit of a hurdle. But things are looking positive! There's more trading happening in the crypto market lately, especially with altcoins, and other coins are on the rise too. This overall positive sentiment, along with the technical stuff on the chart, suggests JASMYUSDT could be due for a climb. Just like we're seeing with other cryptocurrencies!
Here's the exciting part: If the price on the 30-minute chart breaks above the recent high and crosses above both the 30 and 60-moving averages in 30-Min and 15-Min charts, that could be a good sign for a buying opportunity.
Targets:
$0.04020 and $0.04200
JASMYUSDT trade ideas
#JASMY/USDT#JASMY
We have a bearish channel pattern on a 2-day frame, within which the price moves and adheres to its limits well
We have a green support area at 0.01500 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.02000
The first target is 0.02400
The second goal is 0.02660
The third goal is 0.03000
JASMY IdeaIf the price does not breaking the bottom of the channel, (due to the end of the fifth wave in the 4-hour chart), then after hitting the bottom of the channel as well as hitting the 30-MA. there is possibility to return to top of the channel.
Pay attention: that the closing of the ascending candlestick inside the chanel, and then, passaging the next ascending candle above the highest price of the closed candle, is a buy signal.
JASMY/USDT
INTERESTING VOLUME WITH RESISTANCE BREAKS
Price: selling of a buildup of more than 2 years, breakout of the symmetrical triangle at the top. looking for key points of the Fibonacci retracement 0.38 - 0.61; clearly the initial market price.
RSI: leaving the oversold zone growing positively
Alikze »» JASMY | Ascending channel🔍 Technical analysis: Ascending channel
In daily time, 1D is moving in an ascending channel.
💎 According to the pullback to the broken structure and the major roof, this upward movement can continue until the next area and the roof of the channel.
Considering that it is currently in the middle of the channel, the candlestick above the area reinforces the bullish structure.
💎 Alternative scenario: In addition, according to the trading node in the range of 0.024414, which is also around the bottom of the channel, in case of a break, the correction zone can continue until the liquidity zone.
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Long JASMY
JASMY consolidating above the current range. If this level holds, JASMY will have a small rally to reach $0.38.
This price is also the target of the proposed set-up.
Invalidation is when price falls back in the range (below $0.244)
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
JASMY: Potential Bullish Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
JASMY is currently testing the top of a potential bull pennant pattern on the daily timeframe. A confirmed breakout could signal further bullish momentum. Buy some now and add more in the dip.
What to Watch For:
Confirmation of Breakout: A daily close above the resistance level of the pennant strengthens the bullish case.
Volume: Higher trading volume on the breakout can increase confidence in the signal.
Possible Entry & Targets (for educational purposes only):
Entry: $0.021-$0.024
Potential Targets: 300-400%
Stop-Loss: $0.018 (Consider setting a stop-loss based on your risk tolerance strategy)
Let's Discuss!
What are your thoughts on JASMY's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
JASMYUSDT Bull Flag Breakout Targeting 1.618 Fibonacci ExtensionJASMY is currently breaking free from what appears to be a tight Bull Flag that it's formed at the locals highs. A move above the consolidation zone could take JASMY to extremely higher highs as beyond 4.9 cents lies no resistance at all and only a history of moving straight up and down which can be seen on the older spot chart of this coin. With that in mind, one would think it could trade as high as 2 dollars if the resistance were to break.
he bullish Pennant ( flag)the possibility of the bullish Pennant ( flag) as a classic bullish pattern - ...normally we need to see high volume after breaking up the flag ( pennant) which we see now ... if the recent decrease a pullback and we resume upward , then Target can be around $0.1 ( size of the flagpole) ( IMHO)
JASMYUSDT Idea- PullbackHey traders!
JASMY has been on a strong run lately, reaching highs of $0.2890 on the daily and 4-hour charts. However, it's natural for any asset to experience pullbacks after a significant climb. In this case, JASMY found support around the 50% Fibonacci retracement level, which often acts as a historical buying zone. This area also coincides with daily resistance, indicating a potential turning point.
The good news? The bulls (investors hoping for price increases) seem to be back in charge! After the price correction, JASMY has shown renewed momentum and could be headed towards the $0.35600 price range.
JASMY ANALYSIS🔴 #JASMY Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #JASMY in daily time frame. We can expect around $0.02750 bullish move if the price perfectly retests the level📈📈
🔰 Current Price: $0.02081
🎯 Target Price: $0.02750
⚡️What to do ?
👀Keep an eye on #JASMY price action. We can trade according to the chart and make some profits. ⚡️⚡️
#JASMY #Cryptocurrency #Breakout #DYOR
[JASMYUSDT] - on the verge of breakout!Consolidate a bullish pennant pattern in 3D chart and looks it attempt for huge breakout.
Upper side of bullish pennant and 0.618 fib is gathering together.. breakout meaning a 160% bullish from that point
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📈Daily Analysis: Exploring JASMY for Profitable Trades🎯🔍Yesterday, Bitcoin formed a strong bullish candle on the daily time frame, highlighting the importance of considering all scenarios to avoid being caught off guard by market movements. One of our scenarios suggested that a false breakdown of support could lead to an upward move. This indeed happened, with Bitcoin not only rising but also breaking through the $64,400 resistance and currently consolidating.Today, we will analyze JASMY, a coin that could offer good trading opportunities in futures markets. Let's identify potential entry points for profitable trades.
⚡️JASMY is currently in an uptrend on the daily time frame, making it suitable for long positions. However, the momentum has shifted as the SMA99 has caught up with the candles, indicating the possibility of short positions since the bullish momentum has waned, allowing for potential downward movements.
✅Support and Resistance: The price is consolidating between the 0 and 0.236 Fibonacci levels, with a support zone between 0.236 and 0.382 that has held despite significant selling pressure. A descending trend line was faked out once and has now stabilized above it, yet it hasn't triggered a decisive move.
📈The key trigger for confirming the continuation of the uptrend is at 0.021070, the previous high that led to a lower low. A candle closing above this level would suggest buyers are regaining control, making it a reliable entry point for long positions.
Main Trigger: The ultimate trigger for a long position is at 0.024527. However, this level may break with a large candle, leaving little room for a logical stop-loss. Thus, trading at the 0.021070 level is preferable.
📊For a more robust confirmation, look for increasing volume in green candles. Without this, the upward trend may show weakness. Additionally, an RSI stabilization above 56.47 would confirm the re-entry of bullish momentum into the market.
📉The trigger for shorting JASMY is at 0.017195. However, given the overall bullish structure and better shorting opportunities in other coins with more pronounced downtrends, shorting JASMY is not highly recommended.
📝In summary, JASMY presents a potential for long positions, given its current uptrend in the daily time frame. The critical trigger level to watch is 0.021070, with further confirmation needed through increased trading volume and RSI stability above 56.47. While short positions are possible, the coin's overall bullish trend suggests focusing on long positions or finding other assets with stronger bearish trends for short trades. Stay vigilant and manage your risks appropriately to capitalize on the market movements effectively.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.