JASMYUSDT BAT PATTERNBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish.
JASMYUSDT trade ideas
JASMY with new 2W candle, potential huge profit...PA looks very good. After month and half and quite big dump, there should be some upside again. Only worry here is that JASMY has now also USDTPERP pair... which can cause some downside. I bet on bounce at least 30%
AS BTC IS SITTING ON THE CLIFF MANAGE YOUR RISK PROPERLY!
NOT FINANCIAL ADVICE
Update for jasmyusdt analysis About to break the downward trend and restore the 50-day moving average. And so is the beginning of the "W" pattern. Sergeant for proximity targets in the chart
Important note this analysis is just a personal experience you have to do more self-research good luck to everyone.
JASMY PUMP INCOMING???Few days ago I posted this about jasmy and said how I will wait for it to come in demand zone . So it came in demand zone now and now its time for it to make even neew highs.
Long/ buy is very good now.
There is not anything complicated about it, jasmy broke strucutre on 1d and now it came bakc to demand zone that caused it .
New highs are about to be made !!!
sl below demand zone!!!
NOT FINANCIAL ADVICE,JUST SHARING MY OPINION!!!
JASMY/USDTJASMY/USDT (1-3x)
Direction: LONG📈
Mid term gem that has now reached new All Time Lows and is showing signs of accumulation breakout in the next few weeks😘
ENTRY: 0.0175 - 0.202
TARGETS
Short Term: 0.0216 - 0.0224 - 0.0232 - 0.0245 - 0.026 - 0.028
Mid Term: 0.032 - 0.036 - 0.042 - 0.048 - 0.058 - 0.070
STOP LOSS: 0.0147