JASMYUSDT.PS trade ideas
Jasmy similar to ICPhi traders
JasmyUSDT looks kinda similar to ICPUSDT.
ICP broke out some weeks ago , but Jasmy still lagging behing. Once we get a breakout, it should fly. Not expecting Jasmy to retest the absolut bottom again. Market has been very generous and gave us a lot of time to acummulate Jasmy at these low prices. Big move will occur in the next weeks. Good luck
JASMY Plummets and Is at Danger of Continuing a Steep CorrectionOver the past 48 hours, the JasmyCoin price has printed a series of lower lows and lower highs on its 4-hour chart. This had resulted in the formation of a negative price channel.
Technicals Are Flagging Bearish
A deeper dive into the technical indicators reveals a more nuanced story. The 9 Exponential Moving Average (EMA) has been on a gradual decline. Similarly, the 20 EMA has shown a slight downtrend. These indicators suggest a bearish sentiment in the market, as the current JasmyCoin price is below both the 9 and 20 EMAs as well on the 4-hour chart.
The Moving Average Convergence Divergence (MACD) further supports this bearish outlook. The MACD line has been decreasing, alongside the signal line, with the histogram values remaining negative throughout the past 48 hours. This indicates that the downward momentum for the JasmyCoin price is likely to continue in the short term.
The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, has hovered around the neutral 50 mark. This suggests that the market is neither overbought nor oversold, providing no clear directional bias based on RSI alone.
Looking ahead, potential movements with respect to the key levels of $0.018276 and $0.006942 are crucial. The current bearish indicators suggest that testing the support level at $0.006541 may be on the horizon. A break below this level could trigger further sell-offs, whereas a reversal and move towards $0.018276 would require a significant shift in market sentiment, backed by increased buying pressure.
In conclusion, the technical indicators for the JasmyCoin price are currently showing a bearish trend. However, the volatile nature of the cryptocurrency market means that trends can reverse quickly. Traders and investors should keep a close eye on the mentioned support and resistance levels, as these will be critical in determining JASMY’s future direction.
JASMYUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Oranger marker if we still in correction wave of 2 but forming flat.
Yellow if we already forming impulse in wave of iii of (iii)
Entry: Market and lower
Target: 0.01 - 0.014 - 0.021
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
jasmy short hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
JASMY LOOKS BULLISH (1D)According to JASMY, a bullish triangle has been completed, and the last wave of the triangle, i.e. wave e, has also been completed.
Now we have another good range for rebuy which we have marked on the chart.
If the price pullback on this range, we will look for buy/long positions in this area.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
JASMY LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the JASMY symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You