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JASMYUSDT

Jasmy 4 hr time frame H & Shello folks jasmy 4HR Tf head and sholder pattren formed after righht sholder breakout again coming to the resistance level now bullish pull back is started already i mention in jasmy head and sholder pattren so now use the pattren but dont forget stop loss STOP LOSS : mehtod 1 -- Use ATR indicator for stop loss STOP LOSS : Method 2 - Use moving averages corssover STOP LOSS : Method 3 - Use combine both of mehtod if anything wrong please leave your comment below thanks
Long
by PRABAKARAN1206
JASMY/USDT WCA - Cup and Handle Reversal PatternHello and thank you for taking the time to read my post. Today, we analyze the chart of JASMY/USDT on the weekly scale, focusing on an interesting price pattern known as the "Cup and Handle Pattern." This pattern suggests that JASMY/USDT could be signaling a potential bottoming and reversal after a downtrend. Cup and Handle Pattern: The cup and handle pattern is a bullish continuation or reversal pattern that occurs in both uptrends and downtrends. It is characterized by a rounded bottom, called the "cup," followed by a smaller consolidation, called the "handle." The pattern is completed by a horizontal line, known as the breakout level, which connects the high points of the handle. In a nutshell, the formation of the cup and handle pattern signals a potential continuation or reversal of the current trend. Analysis: Since 20/11/2021, JASMY/USDT has undoubtedly been in a downtrend. However, the cup and handle pattern on the chart could indicate a potential bottoming signal and reversal of the downtrend. As classical chart analysts, we can immediately recognize this pattern, with the rounded bottom forming the "cup" and the smaller consolidation forming the "handle." A horizontal line at 0.007931 serves as our breakout level, which we want to see surpassed. It's important to note that the 50 EMA is still far from signaling a bullish environment. Therefore, it is crucial to carefully study and observe the price pattern. However, if a breakout occurs above the horizontal line, we can expect a price increase of approximately 65%. Conclusion: The JASMY/USDT chart analysis highlights the cup and handle pattern as a potential bottoming signal and reversal of the ongoing downtrend. Traders should closely monitor this pattern and the breakout level for any signs of a breakout. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhieh
by KarimSubhieh
7
JASMYUSDT → Attempted breakthrough. A chance of success JASMYUSDT forms another retest of the strong resistance line. If the daily candlestick closes in the green zone, the growth is likely to continue with the subsequent achievement of our goals. The previous attempt to break through the resistance resulted in the retest to the strong support at 0.005742. If you pay attention to the forcing support, we can assume that the whales were actively gaining liquidity in these areas. Another retest of resistance is formed (counter-trend movement) and there is an attempt to break through the resistance. Strong support: 0.00675 and 0.00574. Strong resistance: descending line (channel boundary), level 0.008325 . I expect that this time the breakout attempt may be successful. Consolidation of the price above the resistance will form bullish potential with further growth to 0.008325 and 0.01200 Regards R. Linda!
Long
by RLinda
23
JASMYUSDT → Another attempt to break the trendJASMY forms a global reversal pattern, which opens new potential. The coin forms a pre-breakout consolidation near the upper limit of the channel. The price successfully breaks the line. JASMY opens for itself a new range. On the daily chart, yesterday, the price breaks the resistance and closes above the line, forming a local resistance level at 0.006577 and with another retest and breakout of that area, we might see a strong momentum towards 0.01000 Daily moving averages are acting as support, on the daily timeframe the price consolidates above the previously broken line. The way is open for the upside towards 0.008325 Strong support: previously broken channel line, support at 0.005742 Strong resistance: 0.006577 (breakdown strategy) 0.0069 I expect the continuation of growth after the final fixation of the price above the channel. The medium-term target is 0.008325 , the long-term target is the liquidity zone 0.012 Regards R. Linda!
Long
by RLinda
12
Jasmy Another Possible Breakout Jamsyusdt In the Jasmyusdt chart, we have observed the formation of a descending broadening wedge pattern. This indicates a potential bullish move of 70-100% in the case of a successful breakout. It is important to keep a close eye on the price action and volume to determine the likelihood of a breakout. If the breakout does occur, it is recommended to manage risk properly and consider taking advantage of the potential bullish move.
Long
by Crypto-By-Ghazi