JASMYUSDT.1DLooking at the JASMY/USDT chart, we can see a detailed technical analysis unfolding with various elements to consider:
Support and Resistance Levels:
Support Level (S1): At $0.01832, this is a critical level that JASMY must hold to avoid further downside. It's apparent from the chart that this level has provided support in the recent past.
Resistance Levels (R1, R2, R3, R4): R1 at $0.03071 is the first significant barrier that needs to be overcome for a bullish scenario. R2 at $0.03840 and R3 at $0.04469 mark higher peaks, which could indicate substantial price targets in a strong upward move. R4 is off the current screen but would be an ambitious long-term target.
Technical Indicators:
Relative Strength Index (RSI): The RSI is around 40, suggesting that JASMY is neither severely oversold nor overbought. This leaves room for movement in either direction, depending on market influences.
Moving Average Convergence Divergence (MACD): The MACD line is below the signal line, indicating bearish momentum. The negative histogram values further confirm this bearish sentiment, suggesting caution for buyers.
Given these insights, my current strategy would involve closely monitoring the $0.01832 support level. A consistent hold above this level may provide a buying opportunity, targeting a move towards R1 at $0.03071. Overcoming R1 would then shift focus to R2 and beyond, depending on volume and market sentiment.
However, the bearish MACD suggests that any positions taken should be managed cautiously with strict stop-loss orders to mitigate potential losses from unexpected downward movements. Additionally, it would be prudent to watch for any changes in the MACD and RSI indicators for early signals of a possible trend reversal or continuation of the current trend.
Investors should remain vigilant and flexible, ready to adapt to any sudden market changes that could affect the price dynamics of JASMY. As always, understanding the broader market context and any news affecting the crypto market or JASMY specifically will be crucial in timing these trading decisions effectively.
JASMYUSDT.PS trade ideas
JASMY analysisAfter touching the price of 0.0444, JASMY has entered the correction and the JASMY structure has become bearish.
Considering the bearishness of the structure, the price is expected to drop to the lower range and then move towards the targets on the chart.
Closing a daily candle below the invalidation level will cause analysis.
We are looking for buy/long positions on the green range
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
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JASMY Wave 4 CorrectionThere is a clear correction for Black Wave 4 correction, and we can now label the blue ABC.
Based on pullback levels, and ABC extension levels, I expect the correction to be contained between the 2 green support levels (0.016 to 0.025).
This scenario could give us a trade with 100% gain for Black Wave 5.
JASMYUSDT Technical Analysis.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
Jasmy has broken down below an important supporting trendline and the 50 EMA support. It is likely to see Jasmy hitting the primary support at $0.0245 and, in the worst case, $0.01632, which would be a 40% dump from the CMP.
Key Observations:
~ Primary Support: $0.0245.
~ Lower Support/Entry: $0.01632.
DYOR. NFA.
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What's Next, JASMY? I received many requests to do another chart analysis. So, let's look closer at where we are and what JASMY's next move will probably be.
We had another amazing pump at the end of May/beginning of June, during which JASMY added another 100% and topped at the 0.045 level. More importantly, the token briefly broke through the resistance at 0.024 and even 0.037.
As expected, JASMY then entered a consolidation phase — which is absolutely necessary and healthy!! So far, JASMY corrected 30% based on the top.
If you zoom out, you can see that JASMY mirrors the March price performance. After the run-up, we had exactly the same correction of 30%. However, at that time, the consolidation took three months.
I don't expect a similar length this time. On a macro-level, I am convinced that the CRYPTOCAP:ETH ETF approval will initiate a run for many altcoins. Additionally, we had a couple of positive news from SONY entering the crypto market, which can also positively influence JASMY.
Ultimately, I expect the following:
- Some more sideways consolidation is likely until the ETH ETF launch.
- Re-test and break through the resistance at 0.037
- Pump towards 0.068 before entering a new consolidation phase.
Levels to watch:
- 0.024: This level should serve as strong support. A break below could initiate a dip towards 0.016 levels.
- 0.036 smaller resistance
- 0.068 target after a bullish breakout
JASMY's trend is completely bearishJASMY's trend is completely bearish and it continues to move downwards with fluctuations. Currently, it is in a descending channel where it continues its downward trend, hitting lower highs and lower lows. The likely scenario is a minor pullback to the top of the channel and then a drop towards the bottom of the channel.
JASMY buy/long setupAfter the pumps, JASMY has formed a bear CH on the chart, which is the first sign to reach the support areas, which is a buy opportunity for us.
This area is fresh and its buy orders have not been consumed before.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
JASMY for a weekly higher oow at ema12/backtest of breakout areaJASMY for a weekly higher low at ema12/backtest of breakout area in 4h OS.
JASMY has held the lows and is currently trying to set a 4h Higher low.
JAsmy has some low fair value gaps that might fill .
15 oversold is my entry area.
Adding back some as I am flipping this range to get a position.
JASMYUSDT is approaching a significant Resistance areaHey Traders, in today's trading session we are monitoring JASMYUSDT for a selling opportunity around 0.33 zone, JASMUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.33 support and resistance area.
Trade safe, Joe.
JASMYUSDT is BullishPrice was in a strong downtrend, however, bullish RSI divergence appeared and matured on hourly time frame, which led to the break of previous lower high. The price seems to have defined a higher high and bulls look to be in control of the price action, and hence new highs are expected from here. Targets are mentioned on the chart.
JASMYUSDT bullish movement is about to happen!!!BINANCE:JASMYUSDT
As you can see, the price made a good climb after breaking the triangle, and after that, it started its downward phase and now it is close to the most important Fibonacci level, which after reaching it, the price can react.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!