JASMY - Ending diagonal in playEven with prices falling since early February, I believe there is short-term hope for bulls.
Price is forming an ending diagonal (wedge formation), which in my primary count is wave V or wave C.
I'm waiting to see RSI divergence on the 4H chart, and a wedge breakout, for a long trade.
JASMYUSDT trade ideas
JASMY - Expected levels are holding price
JASMY price action has been sideways for the last 10 days, but I see the following key points to be noted:
Yellow Bounce Zone and Support: Price is being sustained by a yellow bounce zone and 0.0046 level acting as strong support. This prevents the price from falling further and provides a solid foundation.
Descending Channel: Despite the support, Jasmy remains inside a descending channel, indicating a prevailing bearish trend.
Break of the Upper Trendline: If the price manages to break through the upper trendline of the descending channel, it could signal a potential long trade opportunity, as the breakout might lead to a trend reversal or a significant upward move.
JASMYUSDT (Daily) - Bearish breakoutHi Traders
JASMYUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.0045 support level. Only the upward break of 0.0059 would cancel the bearish scenario.
Trade details
Entry: 0.0045
Stop loss: 0.0059
Take profit 1: 0.0036
Take profit 2: 0.0024
Score: 4
Strategy: Bearish breakout
Jasmyusdt BTC CRYPTO WAKANDAWhat i really wish for; in the coming days after cpi
Jasmyn protocol exponential growth ahead
Now we are all aware that we are accumulating liquidity both side of the market
I wish to stay Neutral But an Old WISE MAN ONCE SAID
GO SHOPPING WHEN THERE IS BLOOD IN THE STREET
LMAO WARREN
ICT STUDENT
Jasmy looks delicious for a long Hi friends, I just checked out Jasmy Long and it looks very promising, respecting the trendline. The RSI is also indicating a potential pump from the trendline.
I'm expecting a 13% increase from here to .006251
Follow me for more charts
and please don't forget to like :)
JASMYUSDT wants the bounce?JASMYUSDT is forming a falling wedge pattern on the 0.005 support area, which could potentially provide a bullish signal for traders.
A falling wedge is a chart pattern that occurs when the price of an asset forms a series of lower highs and lower lows, but the range between the highs and lows narrows over time. This creates a wedge-like shape on the chart, and is typically seen as a bullish reversal pattern.
In the case of JASMYUSDT, the falling wedge is forming on the 0.005 support area, which means that the price has been consistently testing this level but has not been able to break below it. This could indicate that there is strong buying pressure at this level, and that traders are looking to enter the market.
For a potential bullish breakout to occur, the price of JASMYUSDT needs to create a breakout from the 0.006 resistance level, which has previously acted as a key level of resistance. If the price manages to break above this level and confirm it as a new support level, this could provide a strong bullish signal for traders.
According to Plancton's rules, a set of technical analysis rules used by traders, a breakout from the falling wedge pattern combined with a confirmed breakout above the 0.006 resistance level could indicate a new long position for traders.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
$JASMY - Long Idea.Odin Zone. I can finally give away this awesome looking setup. With an astonishing 35:1 RR, this one is a no brainer.
Keep in mind that this could take 2-3 weeks to play out, and we're not safe from the black swan event. So putting the SL will be super important, as well as having a plan B for if that SL hits: There are other entries to be had as well, the .786 zone has some confluence as well.
Looking the macro count, where you can see I have the initial bearish move being done, with the 1st wave of the new impulse also done, barring a Black Swan event. If we zoom in a bit... we see the subwaves of C. So depending on whether C is a diagonal or an impulse, that will determine the timing of our entry hitting.
I won't provide the exact numbers for the ideas here, you'll have to look on the chart.
Safe trades to all, and don't forget your SLs.
JASMY - Correction underwayThis token has made an impulsive 5-wave sequence to the upside, and is now in correction mode.
Wave A seems to be finished, and wave B´s format is not yet finished.
The price reached by wave B and the ascending trendline holding (or not) will define how deep the correction will go.
I personally prefer a break of the trendline and a test of 50% to 61.8% retracement in order to have long trades with better probability and confidence.
JASMY Still consolidating inside this Symmetrical Triangle and soon we See a Breakout in case Breakout to the upside Masseure technical target Should be 0.012$
All the best Guys
I gave this JASMY Setup when it was Trading 0.0037$ I’m attaching Pervious Analysis as well
I do deserve a Like and Kindly Follow
Cup & Handle Forming??I've been watching JASMY over the past few days and though it hasnt been gaining momentum it seemed to be consolidating. When I zoomed out to a bigger time frame I seen this which seems to be an obvious cup forming. Hoping to get some consolidation for the bigger move to the upside. What do you think?
$Jasmy Breaks out of descending wedge! $Jasmy has broken out of a descending wedge after what looks to be a bear trap in the Market!
Time in the Market will always out perform timing the market...
IMO $Jasmy will go test the previous highs and any break and close above that will be considered extremely Bullish..