JASMYUST trade ideas
MTF Wave Stochastic RSI full wave example JASMY/USDTA good example for a full MTF Wave Stoch RSI full wave on the 12h time frame with clear entry and exit on the MTF. Although it is an old PA for JASMY, I find this one of the best case studies on how to read the Stoch waves on the MTF for precision entries, from which we can learn from. Don't hesitate to ask if you have any questions!
Jasmy measured move played outThe Descending triangle that took months to play out had a measured move of about 47%.
It looks to have all but played out as it is currently.
If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish.
I am personally scaling in at these prices.
JASMY : BREAKOUT TREND This update can work for the short term, but same time also long-term.
In all, there are some interesting trends on JASMY this can play into short term
Focusing on the target at the chart for the coming time.
This known is known in Japan, its called also the Bitcoin of Japan, long time since we did not hear from the project. and it seems there are some trends depending on TA going since today.
Dumping wedgeJASMY has been getting hammered but now it appears that .004 will offer support. We can see it hitting close to diagonal downtrend. Volume has been coming in over past 7 days and we can see bullish divergence. Daily candle has been bought up today which we have not seen im some time.
Wouldn't be surprised to see reversal here.
jasmy coin buying opportunity.?jasmy usdt 4h time frame update.
i am watching jasmy token from last week.
aftre broking its strong support at 0.008$ its dump free fall and currently trade at 0.005$ .
bounce back expected from this level if it not bounce back from her then next good buying point is below from its local support at 0.0045$.
if you add this token in your portfolio then possible you make good profite in comming days... as everyone now that its a meme project so invest low amount like use only 2% 3% of your portfolio.
before follow me must do your own resaerch....
i expect in coming days 30%-50%-100% pump expected under this project.
follow me for more updates
jazakallah
The Rise And Fall Of Jasmy - 200 Million More Coins Added TodayWhether we trade daily, weekly or monthly then Jasmy dilution is a serious concern. Why?
Because dilution seriously affects price action movement and stretches the trading timeline.
Image a piece of string. The more you lengthen that piece of string, the slacker it becomes.
That's exactly what happens with dilution. The price become slack. The speed or progression of price movement slows down drastically.
The trading timeline can only recover once the slack is taken up.
Current estimates suggest that a minimum of 200 Million Jasmy are being put into circulation every month!
This is stopping Jasmy from gaining traction and growing at a normal rate.
Why should this concern traders?
Because the success of day, week and monthly trading of Jasmy is now totally unpredictable. It is based solely on the frequency and amount of Jasmy that is diluted.
It is like playing a rigged card or roulette table. Trading diluted crypto cannot be based on science anymore. Instead the odds are now stacked in the favor of the holders of Jasmy,
For this reason I hate dilution, and this is why I only trade crypto whose total supply is in circulation.
Jasmy - The Sad Effect Of DilutionI love the Jasmy coin.
But the painful truth is that it has just been diluted again today by 200 Million.
Whilst the owners of Jasmy may have a long term plan, dilution sucks for day traders and short term traders.
Why?
Think of a piece of string. The more string that is released the longer and slacker it becomes.
Dilution drastically changes the behaviour of price movement . In turn this affects the time it takes to make a successful trade.
If you are trading long and are happy to wait months or years for the complete dilution process to take place, then I wish you well.
For the rest of us, who are waiting to make money on Jasmy in the short term, then I think we need to reconsider our options.
Jasmy coin coming back to the buy zone?Jasmy is close to the support zone again. We expect it to retest the support which is a great spot to buy this coin and hold it for a mid-term.
If support breaks, better sell your jasmy coin as there´s no more support and the price will enter the price discovery to the downside. It can go very low.
$JASMY Macro SupportSee plenty of people calling for .005 but support is support until it is broken. This is one of the easiest trades to manage as we are sitting on 2021 macro support. The dive yesterday could just be the liquidity grab market makers were looking for to take price higher. Easy invalidation of the long if closing below the 2021 low. Good luck.