Parallel StructureWow, what a week for the Jasmy Holders. A week of miracles. Crypto is a strange place. Let us turn to the charts. What we know is that Jasmy is in an uptrend. What we know recently is an old wick got filled, and there is a similar area above which could possibly get filled and even though the week candle did not close yet, there seems to be a bearish divergence forming on the RSI.
Also, the weekly candle did not close yet and it is still close to a supply zone.
RSI is 74 but in an uptrend so keep your eyes on the 80 levels and be wary of price reversals.
CCI is in the 300s very overbought but can go up to the 400s before price reversals for this asset
SRSI is in the overbought zone but could stay up there for a few candles for this asset.
Keep your eyes on those indicators and the overbought levels and past reversals. Observe for any break outs in the parallel structure or any price reversal.
Let's hope we get no 'Wicky' candles or overly bearish candles, you Jasmy holders work hard all the best stay safe and encouraged, let's hope for another miracle.
