Jasmy
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..
JASMY Phase 3 Breakout "Could" Start Tonight/Tomorrow**Not financial advice. Just my thoughts based on Trend Analysis.
**BTC is in limbo and could head down near term. This could force JASMY down vs breaking up out of the triangle.
**Sometimes its safer to wait for confirmation vs buying what you think is the bottom.
I personally think JASMY finds a bottom between 7PM est 11.14.21 and 7AM est 11.15.21
JASMY is near support, near the edge of breaking out of its triangle and could break out in the very near future. (It could also breakdown)
JASMY likes the Demark 9 Count on the 45M, 4HR and 18HR timeframes.
***For short timeframe scalps I use the 45M TF to identify 9s and good times to sell.
A 9 will print on the 45M TF around 530PM EST. This "could be its bottom"
***For buy signals I use the 4HR TF to identify 9s.
The 4HR candle is currently flashing a 5. Which means we could still be headed down for 16 more hours until the reversal.
***For long term buy and sells I use the 18HR TF for buy and sells.
JASMY is currently printing a 9 on the 18HR. A new candle will print around 7PM EST.