JASMYUSD
Thoughts on JasmyNot financial advice. Just a guy sharing some thoughts, so dyor.
I've recently started using the following indicator, Bitfinex Open Interest Change Per Bar (by veblen) , here is the key from veblen's original post.
"Key:
Positive green bar = Open interest increase, predominantly longs opening.
Positive red bar = Open interest increase, predominantly shorts opening.
Negative green bar = Open interest decrease, predominantly longs closing.
Negative red bar = Open interest decrease, predominantly shorts closing."
As you can see, the last week we have seen net positions either = to longs being opened, or shorts being closed. I am not here to vouch for Jasmy longterm, but I do think it's due for a pump. I'm planning to take some profits around $0.052, and keep a tight SL on anything after that. It's possible that it will pump higher, just remember to take profits when you have them!
Jasmy Coin Update - It's all about the big dawg, Bitcoin#JasmyCoin #Jasmy #JasmyArmy
Jasmy has pumped many times for us and provided us with some good profits. However, entry at this point all depends upon Bitcoin price action. Jasmy could drop to 3.9 cents. Personally, that's where I will be looking for entry with one big exception ...Where is Bitcoin at? What is Bitcoin doing?
JASMYUSDT trade analysisThere is possible buy opportunities for JASMYUSDT. In first scenario, there is good chances trade will bounce forcefully from -161%fib level to +161% fib level. Your patience will be rewarded with handsome profit. In other situation, you can enter in trade as it crosses down trend line which is shown by blue triangle and you will achieve 600% growth.
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Putting in a Limit Buy Order on Jasmy Coin @ .0737 CentsTraders,
Those of you who are my paid substack subs know that I stopped out of Jasmy a week or so ago. I have since been looking for a new area to re-enter. I believe we are near our new target down. I have placed a buy limit at .0737 cents.
Swing targets remain .27/.28 cents up to .39 cents.
I hope to capture my buy price tonight or tomorrow night. If I don't get in at that price, I will re-assess and re-evaluate the charts at that point.
Best of luck traders!
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
JASMY: Critical LevelAlong with the rest of the market, JASMY has plummeted to a critical level, which is previous resistance from October. I suspect JASMY will likely hit the .786 fib level soon, and possibly further.
$.10 is imminent and would be a good accumulation zone.
This is not financial advice. These are just my ideas and opinions.
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