JASMYUSDT trade ideas
JASMY Long OpportunityAfter bottoming out on March 8th, JASMY finally showed signs of life and began a rebound.
JASMY continued to complete a five wave cycle reaching a new local high on March 23rd
Price bounced off the .618 fib level at 0.0172 on April 15th, formed a double bottom on April 17th (4H chart) and bounced to the .382 Fib level where price formed a new local high on April 24th
Price has retraced and is now consolidating above the.618 fib at 0.0204 (4H chart) and has formed a double bottom
-If this level holds, we can look for JASMY to head back to the April 24th high of 0.025 and the previous March 23rd high.
-If the .618 fib level breaks then expect price to head back to 0.017
-I'm expecting the .618 fib level to hold due to the following:
-Numerous Positive Divergences on the 1H chart: Hist, RSI, Stoch, MOM, MFI, ADP
-MACD is positive, increasing ADP level as the selling pressure has decreased
JASMY: Where we need to beThis is a neutral TA overviewing JASMY, and the two major trends of resistance that we are going to be hitting on our way back up and out.
MOST IMPORTANTLY: keep a very sharp eye out as soon as JASMY climbs over the last resistance trend line that I've labeled in *green*
As soon as we see a climb over the threshold, I believe all bets are going to be off-- and we could see a parabolic rise for JASMY once again!
(...now let's see if BTC and the rest of the world fiat markets have us all contemplating the top floor balcony this week...) 🙄
♠️🐿🤫
EDIT: I should have placed one more slightly fainter negative trend line in parallel, coming from our high point on the 24th. May have some resistance there as well.
In the end, "All the pieces go back in the box."This is an off the cuff video that has me discussing a very important trading mantra that I came up with years ago. I still repeat this phrase to myself a few times on a daily basis, while trading.
I feel as though the compartmentalization of your "real" life and your trading life need to be put in place. Otherwise, not only will you make consistent mistakes due to aggravation, you will end up completely losing your mooby-flippin' dome after a while, kid.
♠️🐿🤫
JASMY/USDT TRADE SETUP! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Welcome to this JASMT/USDT TRADE setup. JASMY looks promising here.
JASMY is breaking out from the bull flag-like structure and currently retesting it. It is holding an important support level (green box) so far. Expecting a good bounce from here. Buy some now and add more in dips.
Entry range:- $0.216-$0.232
Target:- 150-200%
SL:- $0.188
You can buy it on spot or use low leverage (2x-4x)
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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Thank you
JASMY/USDT TRADE SETUP! A GOOD BUYING OPPORTUNITY!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this JASMT/USDT TRADE setup. JASMY looks promising here.
JASMY is breaking out from the bull flag-like structure and currently retesting it. It is holding an important support level (green box) so far. Expecting a good bounce from here. Buy some now and add more in dips.
Entry range:- $0.216-$0.232
Target:- 150-200%
SL:- $0.188
You can buy it on spot or use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!