Jasmy
Jasmy long swing~Good morning,
I've decided to start buying alts things slowly.
smaller sized for now, and i'll keep adding if btc goes slightly deeper.
I'm not expecting much more downside in the world of crypto, and you can see my reasoning behind this in my last video update.
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Sub-Wave 5 target = $0.68
Daily Crypto Market Update - And some ALTCOIN Gems Pumping!In this video:
* I'll start with my BLUF (Bottom Line Up Front) in terms of overall crypto market sentiment which remain neutral to slightly bullish
* We'll run down the crypto charts
* I'll point out a few gems, bull flags, and bullish altcoin pump scenarios
* I'll discuss what I'd like to see in terms of BTC price action for future bullish momentum
Jasmy Coin Update! Inside a larger Triangle. Could be til Dec. 8Quick update for those of you asking:
Yes, Jasmy did break up and out of the first triangle/channel. You will notice this price action on the 4 hour chart here in correlation with our RSI. Some were expecting a bigger movement. Keep in mind though that not only is crypto in an overall short-term drawback phase of sorts, but also, the broader market sentiment is spilling over into our crypto markets.
That being said, the 4 hr. chart shows us that we could actually go all the way to December the 8th before moving outside of this second triangle. Patience is key here.
I have outlined the potential price movement should we remain in the triangle till around the Dec. 6-8th time frame.
Keep in mind, we still could also drop from here. Be careful in this market. Have your stops set.
Best of luck traders!
- Stew
JasmyCoin (JASMY/USDT) technical analysisonce again price has reached the uptrend support line. If the support line hold and we see a reversal, price will probably go up. There are two major targets/resistances which are the two horizontal lines. The two downtrend lines, if broken, will confirm the uptrend wave.
Jasmy Coin - Chart along with me. Let's find potential targets.In this video:
* I take you through a basic charting process
* We look at data, collect clues, discover indicators, that might help us determine future price targets.
* Final targets could be anything from .27 cents to .42 cents depending upon price, time, and pattern.
Best of luck traders!
Possible bull pennantThe great news broke us out of that rough downard channel and a great run up.
I was hoping we could break that .26 but just not enough push yet. That's okay I am all for the healthy movement up.
After failing to break the .26 we just about dropped to the .618 retracement. We bounced off a prior support/resistance line right before the .618.
We appear to be form another bullish pennant. Of course we need the volume to stay up in order for it to confirm.
RSI is still a little high. Wait for confirmation of a breakout and watch for a retest.
If we can break out I think we have a good chance to blow past .26 and really move.
Daily Crypto Market Update - Still Neutral to Slightly BullishIn this video:
* I put a pulse on our crypto market
* I run down a good number of altcoins
* I summarize the current market temperature through correlation of this data
* I show some bullish altcoins that are worth considering entry into.
Great time to buy JASMYDo your own darn due diligence and research ur stuff. But according to my lines we're at the tip of something hopefully good. Again, don't rip out any organs and bet them solely on my written things here, it's not advice. What do you think?
Explanation: the green lines are long trends that the price has hugged, the earlier one bounced off it and pumped, hoping for a repeat of this action..