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.
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JASMYUSDT trade ideas
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!!
JASMY CAUTION JASMYWell Well Well look what we have here on the weekly. This does not look good at all. I just want to say LOOK OUT BELOW, those long term holder will feel some pain. Weekly chart on Jasmy shows a bear div on yalahari B with a red dot on momentum, vwap dipping with a vwap div. That move to above 4cents trapped longs. I see a move to 2 fib golden pocket areas. on the move down all vector zones will be cleared and momentum should pull us into the golden pocket fibs. this is not looking good. but good, for the short.
JASMYUSDT: Bullish TrendIn my previous analysis JASMY is formed H&S Pattern and moved in bearish trend, Now JASMY is forming LLs and LHs, but on the 1hr time frame there is a strong bullish divergence, if JASMY break the previous LHs so that is a bullish sign and we can take a new long trade on the break of the LHs.
JASMYUSDT: Bearish Trend (H&S Pattern) JASMYUSDT is moving in down trend and currently formed perfect Head & Shoulder Pattern on 4hr time frame, and also break the nick line and previous LLs that is confirmation of the bearish trend so we can take a short entry on current market price or mention entry price in the chart.