JASMY / TetherUSLong
JASMY Update — Let's Clear 0.0245 And Start Marching!
JASMY printed a pattern similar to many other tokens:
• It dipped below its support at 0.02 but reclaimed it quickly
• Afterward, the price started to surge and is up ~20% concerning the support
However, compared to the top gainers, JASMY hasn't printed one of those massive candles yet.
This might change soon.
Currently, JASMY trades slightly below 0.024, with its major resistance at 0.0245. Historically, a break of this level has led to a rapid advance beyond the 3-cent level.
The main deficit right now is volume. JASMY has seen a relatively low volume since its pump in June. Of course, the volume is also lower due to the weekend.
Therefore, I'd be surprised if we saw a big surge during the next 36 hours and consider it more likely for the beginning of next week.
Anyway — from my point of view, it is a question of when, not if!
• It dipped below its support at 0.02 but reclaimed it quickly
• Afterward, the price started to surge and is up ~20% concerning the support
However, compared to the top gainers, JASMY hasn't printed one of those massive candles yet.
This might change soon.
Currently, JASMY trades slightly below 0.024, with its major resistance at 0.0245. Historically, a break of this level has led to a rapid advance beyond the 3-cent level.
The main deficit right now is volume. JASMY has seen a relatively low volume since its pump in June. Of course, the volume is also lower due to the weekend.
Therefore, I'd be surprised if we saw a big surge during the next 36 hours and consider it more likely for the beginning of next week.
Anyway — from my point of view, it is a question of when, not if!
I'm Ben. Crypto lover, trader, and coder.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.