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Jasmy

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
Long
by DesireToTrade
1
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.
by FutureAmericanExpat
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. ♠️🐿🤫
by FutureAmericanExpat
1
JASMY: Elliot Wave Theory Confirmation Chart This 1-day chart shows the Elliot Wave Theory with Fibonacci Extension Levels as well as charted support and resistance lines. March 8th, 2022 to March 19th, 2022 represents the first motive wave in the Elliot Wave Theory. March 19th, 2022 to April 18th 2022 represents the second motive wave Utilizing Bollinger Bands I recorded a breakout over the 20 day moving average starting from the price .0173 to .0260. This breakout is supported by continued strength of the RSI indicator on the 1-day chart as well as a convergence of the 4-hour chart on the MACD indicator. I believe this breakout over the 20 day moving average, with the support of its strong RSI and MACD convergence, is a clear indication of the beginning of the third wave of the Elliot Wave Theory. The first and second waves of the Elliot Wave Theory have been legitimized by the clear Impulse sub waves located from prices .0104 to .0264(first wave) and then from .0446 to .0172(second wave). I didn't chart it because I got lazy lol but they're there. My entry point was .0263 and my exit point will be determined upon completion of third wave. Fib Extension Levels are colored grey on this chart. Support and resistance levels are colored yellow. Elliot Wave Theory Waves are colored pink. P.s. This is my first official chart so if you guys have anything to say I'm all ears. I'd love some feedback and constructive criticism if you guys or gals have some advice. Thanks for reading-Jack19992
COINBASE:JASMYUSDLong
by jack19992