JASMYUSDT (4H) - Bullish Wave We2Hi Traders
JASMYUSDT (4H Timeframe)
A medium-high probability, entry signal to go LONG will be given with the upward break of 0.00360 after the market found support at 0.00338. Only the downward break of 0.00338 would cancel the bullish scenario.
Trade details
Entry: 0.00360
Stop loss: 0.00338
Take profit 1: 0.00398
Take profit 2: 0.00434
Score: 7
Strategy: Bullish Wave We2
JASMYUSDT trade ideas
Support zone: 0.003549-0.003719Hello?
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(JASMYUSDT chart)
(1D chart)
If you cannot see the position of the candle because it is obscured by the indicator when looking at the chart in full range, I think it is not yet time to trade that item or coin (token).
Currently, JASMY is also like that.
However, if it shows support around 0.003549-0.003719, there is a possibility that it will turn into a short-term upward trend.
In order for this short-term upward trend to continue, the price must rise above 0.004165 and maintain the price.
The full-fledged upward trend is expected to begin when the price rises above 0.0182.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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JASMY - Divergence is the hope for bulls
We got another lower low as expected, and this time we had long wick with bullish divergence.
I will be watching for a reversal pattern as long as we stay above the purple line.
Ideally, we'd have a break of the gray descending trendline, but I may enter a small position earlier depending on price action.
JASMYusdtJASMY short position today.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
INVESTMENT PLAN FOR JAMSY FOR PROFITSHi Traders, a look into jasmy chart, we can see we are close to accumulation zone , market is all about timing and patience is key to investing and for TA keep it simple and watch how it will grow.
For patience stage is where you wait patiently for good profits.
For Promise Land is you profit land to lock up profits.
Timing matters.
For Cut off is where the project fails and at that point you close your doors.
Tradehubng
JASMYUSDT Oblique Inverse Head and Shoulders FormationOblique Inverse Head and Shoulders Formation: The market is currently shaping an oblique inverse head and shoulders pattern. This pattern entails the formation of three troughs, where the middle trough (the "head") is positioned lower than the flanking two troughs (the "shoulders"). It's noteworthy that the pattern might not exhibit perfect symmetry.
Testing the Neckline as Resistance: The prevailing price action involves testing the neckline of the oblique inverse head and shoulders pattern as a recently formed resistance level. The neckline holds significant importance within this pattern, often serving as a decisive level that verifies the pattern's validity.
Breakout Signal: The threshold for potential action is a breakout beyond the level of 0.004127. A breakout signifies a convincing ascent beyond a critical resistance point, potentially reflecting a shift in market sentiment from a bearish to a bullish outlook.
Plancton's Rules Application: In alignment with the analysis and adhering to Plancton's Rules, a novel long position is under consideration if the price effectively surpasses the 0.004127 threshold. This long position involves procuring the asset with the anticipation of its value ascending, aligning with the projected bullish momentum indicated by the breakout.
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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 🦐
JASMY Long SetupHello My Friends
Lets Trade Together
Here is my long setup for BINANCE:JASMYUSDT.P
#JASMY/USDT #Futures
LONG
ENTRY: 0.003634/0.003732
TARGETS:
0.003790/0.003848/0.003914/0.003973/0.004079/0.004137/0.0042
LEVERAGE 7-10X
STOP: 0.003541
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thanks for your support
This currency is in an important support range◼️ This currency has reached its 50-day support and with the positive divergence that can be seen, the possibility of 6% growth to the price of 0.004000 is possible for this currency at this time.
◼️ The important support range of this currency is located at the price of 0.003676, there is a possibility of a breakfake for this range.
◼️ But the other range for support is located at 4% lower and at the price of 0.003543, which has already experienced a drop close to this price.
✔️ In general:
There is a possibility of a stronger 6% growth for this currency
JASMYUSDT is testing the 0.618 Fibonacci levelJASMYUSDT is undergoing a crucial test at the 0.618 Fibonacci retracement level, which is at the 0.0040 price level.
In technical analysis, the Fibonacci retracement levels are commonly used to identify potential support and resistance areas based on the key Fibonacci ratios, with 0.618 being one of the most significant ratios. When the price approaches the 0.618 Fibonacci level, it often acts as a critical decision point for traders and investors.
According to Plancton's rules, a widely-followed trading strategy, a potential long (buy) opportunity is suggested if the price successfully creates a breakout above the current level of 0.0040. A breakout above this level would imply that the bulls have gained strength and are pushing the price higher, potentially leading to further upward momentum.
Traders should be cautious and wait for confirmation of the breakout. It is essential to see a clear and sustained movement above 0.0040, accompanied by significant trading volume, to ensure the strength and validity of the breakout.
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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 🦐
JASMYUSDT 😉 Trading PlansWe could potentially have 3 moves I could forecast.
Bullish scenario
First move would be a break above 0.0046 that would totally mean bulls are taking over but we could potentially see a second move that could be a correction towards previous resistance that has turned into support 0.0042 then the bull move would continue
Targets: 0.0057 - 0.0066
Bearish scenario
Third move we could see it's a bearish correction for that to happen we should see a double top and failed attempt to move higher at around 0.0043 and an impulse move down into the next key levels.
Targets: 0.0038 - 0.0036 or even 0.0030
Let's see how this plays out!
I'll update when I open a position
Regards,
Kina 😉
JASMY bouncing up from a daily demand zone The Daily time frame shows strong demand zone to act as a strong support.
Being confirming this it is highly likely that it will go up.
Make sure to get the details in the lower time frames for any potential entry, if you are planning to take this trade.
ALWAYS EXERCISE PROPER RISK MANAGEMENT BY PUTTING STOP LOSS
Let's see how it will go.