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JasmyCoin/Tether
Updated

Jasmy measured move played out

474
The Descending triangle that took months to play out had a measured move of about 47%.

It looks to have all but played out as it is currently.

If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish.

I am personally scaling in at these prices.
Trade active
snapshot My next buy point is around .003 - 0.0034ish.
Note
snapshot We got a 2 Day Doji, so perhaps a reversal?
Note
snapshot also a 1D dragonfly Doji
Note
We closed with a Dragonfly doji and a Doji on the daily and 2D charts JUST under the descending triangle measured move. Compelling and tempting for sure.
Note
snapshot It looks like we are forming a nice short term base here - and daily momentum has nice divergence on it - and it looks to be point upward if we can sustain this short term momentum. There are a handful of important closes to pay attention to today - I will post a new idea about this soon.
LoneWolf1425
Triangle

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Triangle
LoneWolf1425

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.