$jasmyHead and Shoulders down or bouncing to the sky?
Inclined to go back up and test 0.05 at least.
Yieaahhh
JASMYUSDT.P trade ideas
JASMY Back At Crucial Level — Weekly Close Important!JASMY had a rollercoaster ride today. Intraday, the token lost almost 15% before reversing sharply. At the time of writing, JASMY is down "only" 3%.
More importantly, JASMY bounced back to its crucial support level. Although the market is currently heavily driven by external factors and less by a token's chart, it would be important to close the weekly candle at or above this level.
Otherwise, the selling pressure could increase even more when Bitcoin starts the week with another sell-off.
Additionally, IF this were the bottom, JASMY would have been able to make a higher low compared to early July, which would be the first bullish sign of a reversal.
Jasmy forming possible H&S topJasmy forming possible H&S top. Target around $0.007 - $0.008. Jasmy is one of few coins that has not seen any major correction (yet). While Jasmy is still up significantly from last year, most other coins are down 70%. There is a possibility Jasmy will catch up to this, to the downside. If you are buying Jasmy here, be aware that you are buying at a premium.
JASMY: Resistance and Bearish MarketKey Factors Influencing JASMY Price
1. Technical Indicators and Their Implications:
The MACD histogram at -0.00011 and the MACD line at 0.00054, signal line at 0.00065 indicate a potential bearish crossover, suggesting a cautious outlook.
With %K at 53.08 and %D at 57.95, the Stochastic Oscillator is in neutral territory, indicating neither overbought nor oversold conditions.
The RSI at 55.52 indicates a neutral stance but with a slight bullish bias, suggesting room for price movement in either direction.
2. Price Trends and Resistance Levels:
Potential Market Scenarios
Bullish Scenario:
A break above the local resistance at $0.03294 could lead to further upward movement, potentially targeting the next resistance levels and continuing the bullish trend.
Bearish Scenario:
If JASMY fails to break above the local resistance, it could retest the support levels at $0.03170 and $0.03058. A break below $0.03058 could signal further declines, with the descending channel suggesting potential lower targets.
Conclusion and Market Outlook
JASMY is currently positioned with significant support and resistance levels to watch. The potential bearish MACD crossover and overall market activity suggest caution. Monitoring the key resistance levels and potential pullback points is crucial for making informed trading decisions.
JASMY LONG IdeaHi guys currently we are on long market, we want to see a little retracement to inbalance before hitting the higher target sweeping out buyer liquidity, remember to use tight margin, thank you
JASMYUSDT.PJASMYUSDT.P just enter in bearish trend.
Bearish divergence also form in RSI.
We wait for further confirmation if it will breakout the last LL.
Then we will execute trade.
JASMYUSDT: Breakout, potential pump incoming!!JASMYUSDT trading inside a tight symmetrical triangle, just broke out of this symmetrical triangle, taking support over moving average. While short-term price action has been volatile, the coin can exhibited impressive growth of over 48%.
Overcoming the resistance levels could propel JASMY upwards, potentially yielding gains of up to 900% in long term.
Long/spot Trade set-up:
Entry: $0.03005 - $0.02888
Target 1: $0.03282
Target 2: $0.03818
Target 3: $0.04423
SL: $0.02706
Happy trading!!
JASMY's situation+next targets and expected movements. BINANCE:JASMYUSDT
Price can reach to target after than a little correction.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Jasmyusdt Buy opporutnityThe JASMYUSDT trading pair is demonstrating a bullish reversal configuration. Validation of this pattern will be contingent upon a breach of the neckline of the 'Adam and Eve' double bottom formation.
We have designated our accumulation region proximal to the immediate support zone, with a stop-loss established to mitigate superfluous exposure of the trading account.
The objectives for both the 'Adam' and 'Eve' peaks have been specified on the chart, including a margin for potential extended targets.
Your interaction with this analysis is important.
Thank you.
JASMY New Bullish Rally About To Start 👉 We Had a Strong Breakout From The Bull Flag Trend Line And Currently Another Bull Flag Formed At The Lower Timeframe ,Expect a Breakout Toward a 0.036$ And 0.042$ Soon
JASMY UPDATE — Holding The Line And Ready To Roll!So far, JASMY isn't one of the top gainers today. At the time of writing, the token is up only 1.5%.
However, JASMY's chart is probably showing a much more important aspect.
Although JASMY had closed the daily and weekly slightly below the 0.032 resistance, it jumped above this level quickly today. Additionally, if we dive slightly deeper and look at the 4H, we can see that JASMY has basically retested the 0.032 area successfully.
As a result, I expect JASMY to pump very soon, given that the overall market remains bullish. In this case, the 0.04 area will be the first target. However, if JASMY continues its macro-trend, 0.04 will only be a stopover to the 0.05 mid-term goal.
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JASMYUSDT Your futures trade LONG coin should be #JASMYUSDT as it has broken a significant resistance zone and also trading above 50MA. Let's wait for a cool ride on the upside 🚀 Spot traders can add some bag too💰
#CryptoNews #Cryptocurency
#BTC #futurestrading #alt #FuturesKing👑
JASMY Trying To Close Above Crucial LevelJASMY was one of the tokens that performed relatively strong during the latest correction.
First, it didn't drop to its crucial support level but found earlier support. Moreover, it delivered a solid recovery and pumped almost 30% from its correction bottom.
Currently, JASMY is battling the crucial resistance level at 0.032. This level was already the resistance in May when, after its break, JASMY reached the >0.04 level. During June and July, the level served as a solid border, preventing a further climb.
At the time of writing, JASMY holds above this level. However, a daily close (preferably a weekly close tomorrow) is required to confirm the strength. If this happens, we could see a rally towards >0.04 levels again soon.
ANOTHER MASSIVE BULL CRYPTO OPPORTUNITY!JasmyCoin is the next massive bullish crypto opportunity to hop on!
Seeing a 34% gain without leverage.
JasmyCoin is currently #3 in top gainers on CoinMarketCap.
Up 13% on the day.
And also up over 700% on the year.
This is where the money is at right now.
Refer to posted chart for targets and stoploss.
JASMYUSDT.PShifted Structure to bullish my trigger plan is as simple as it can get we long with a proper retest and aiming for the Buy side liquidity upside.
NICE TRADE IDEAS INCOMING!!After a nice selloff and a tap of the demand zone, buyers are stepping in.
Two areas marked with the green circles where I'm interested in taking a short and a long if PA plays out nicely.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
JASMY — High Risk Of Further Drop (If Broader Market Doesn't TurA few days ago, during the daily video session, I analyzed the JASMY price. I highlighted the bearish potential and how JASMY could reverse that. Obviously, the bears took over full control.
Since the last analysis, JASMY's price dropped below the Ichimoku cloud, signaling further bearish potential. Moreover, the current price action could result in a bear flag. If so, a break is likely, sending JASMY to its strongest support level at ~0.024.
Since, based on the current volume, it doesn't look like JASMY bulls are ready to step in, we need a reversal of the broader market to invalidate this scenario.
On the bright side, support at 0.024 is definitely strong, and I would expect it to hold in case we drop to it.
Reminder: This is a short-term price prediction. It does not change anything about the bullish long-term scenario for JASMY!
JASMY Key Areas To Look For A GREAT TradeAfter a reclaim of the previous week VAL, there a higher probability price moves up to the daily level $0.0303. That area is where I would look to short and the area I'm interested in longing is $0.0241
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Jasmy usdt analysis Jasmine coin
Pattern 2 bottom
Risk rewards ratio >1.5
First target 3
Second target 3.7
Urgent Update on #JASMYUSDT: Is a Major Move Coming Ahead? Yello Paradisers! #JASMYUSDT is making some interesting moves after its breakout from a descending channel. Let's analyze #JASMY and find out what's next:
💎#JASMYUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #JasmyCoin has successfully breached it and is now coming to retest its upper boundary.
💎The key resistance level at $0.0228 has now flipped into crucial support. This level is pivotal as it has been respected multiple times in the past. If #JASMYUSDT can maintain its momentum above $0.0228, there's a strong possibility of a sharp upward move.
💎However, the scenario changes drastically if the price falls below the $0.0228 support level. In this case, the focus shifts to the next support zone at $0.019 - $0.0205, where a bullish rebound could potentially occur.
💎While it might be tempting for some to short at this point, it's crucial to maintain a broader perspective and wait for confirmation from price action. A break below the $0.0192 support will likely trigger a significant downward move, leading to further price decline.
Be smart, Paradisers! The market rewards those who are prepared and stay focused on their long-term goals.
MyCryptoParadise
iFeel the success🌴
JASMY Update — Bullish Setup, 0.04 Stop-Over, 0.065 Next TargetLately, I've seen many posts and comments from people who were disappointed with JASMY's performance. "It's a shitcoin," "Will go to zero," "It'll never pump," etc. — these are just a few (and polite) examples of comments you can read.
I understand that people if they bought the top, are disappointed when a token dips like 50% (as JASMY did lately). However, overall, JASMY is doing super well and still has enormous potential from a chart and technical indicator point-of-view.
So, let's get some things straight:
➡️ Between January and June, JASMY pumped almost 800%. That's an incredible performance.
➡️ JASMY corrected sharply after each pump — which, by the way, is healthy.
➡️ Except for a few days, JASMY respected the overall support and resistance areas, and there hasn't been a risk of more downside potential or a bearish trend.
➡️ JASMY has been trading nicely above the EMA200 since the beginning of the year.
What's Next 👇
From my perspective, JASMY's chart looks quite bullish. Although it is not a playbook inverse head-and-shoulders pattern, we can clearly see a neckline (0.032) formed by two smaller and bigger dips. Additionally, the average volume has been constantly decreasing—exactly what you want to see in such a pattern.
In order for the pattern to play out, JASMY needs a strong volume influx, pushing it above the neckline. If this happens, we should quickly see it reconquering 0.04 as the next resistance.
In the mid-term, I stand with my prediction: 0.067 is the target!
$JASMY Forming A FlagAfter facing a fall from .044 levels we can see a flag setup forming backed up with a strong support level. Looking at the big picture a strong HSH pattern takes it place. Breakout of it would raise the price up back to its .044 level where we are faced with a strong resistance. Rejections might happen at that point but if the buyers hold strong we could see more gains reaching up to .06 levels.
