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JASMY / TetherUS

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JASMYUSDT trade ideas

JASMY 4 HOUR UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Long
by traderchamp_
RLinda ! JASMYUSDT-> Attempt 1. Trend change phase JASMY breaks through the resistance of the descending range. Price updates the 1-week high and forms a retest. What to expect from the bulls? The coin breaks through the 0.0049 level and forms a consolidation above the level. There is a chance of decline to the previously broken resistance line, but the fact that the price is in the trend change phase already allows us to look for areas to open the deal. Consolidation above the level of 0.0049 opens us the potential for growth. The medium-term target is the resistance level 0.0058, the long-term target is the liquidity zone 0.0068 Regards R. Linda!
Long
by RLinda
10
JASMY - Expected levels are holding price JASMY price action has been sideways for the last 10 days, but I see the following key points to be noted: Yellow Bounce Zone and Support: Price is being sustained by a yellow bounce zone and 0.0046 level acting as strong support. This prevents the price from falling further and provides a solid foundation. Descending Channel: Despite the support, Jasmy remains inside a descending channel, indicating a prevailing bearish trend. Break of the Upper Trendline: If the price manages to break through the upper trendline of the descending channel, it could signal a potential long trade opportunity, as the breakout might lead to a trend reversal or a significant upward move.
Long
by Stoic-Trader
JASMYUSDT wants the bounce?JASMYUSDT is forming a falling wedge pattern on the 0.005 support area, which could potentially provide a bullish signal for traders. A falling wedge is a chart pattern that occurs when the price of an asset forms a series of lower highs and lower lows, but the range between the highs and lows narrows over time. This creates a wedge-like shape on the chart, and is typically seen as a bullish reversal pattern. In the case of JASMYUSDT, the falling wedge is forming on the 0.005 support area, which means that the price has been consistently testing this level but has not been able to break below it. This could indicate that there is strong buying pressure at this level, and that traders are looking to enter the market. For a potential bullish breakout to occur, the price of JASMYUSDT needs to create a breakout from the 0.006 resistance level, which has previously acted as a key level of resistance. If the price manages to break above this level and confirm it as a new support level, this could provide a strong bullish signal for traders. According to Plancton's rules, a set of technical analysis rules used by traders, a breakout from the falling wedge pattern combined with a confirmed breakout above the 0.006 resistance level could indicate a new long position for traders. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip