JASMYUSD trade ideas
$JASMY Targeting ATH's (Breakout or Breakdown) ? ** SEED_DONKEYDAN_MARKET_CAP:JASMY UPDATE**
- Invalidating a H&S (Head & Shoulder) pattern with Jasmy climbing towards ATH's of $0.01700.
Please understand that Jasmy will be testing next resistance of 0.01645 that it must break closing above with a Daily candle then holding to continue towards $0.01700. We will be seeing Jasmy price action continuously retracing to the orange trendline then working on creating HL's (White Circle's) to reach the higher targets towards ATH's. We are also seeing the formation of an Ascending triangle to meet the LH's (Pink Circles) coming from above with an eventual breakout to the upside or breakdown to lower support lines.
I will update as the price action on my chart provides new details.
$JASMY Heading lower? 🤯📉This is my 4Hr Chart and just recently we saw a huge 4hr candle snap to the upside reaching a key resistance of $0.01645 and as many may think we are continuing on our bulltrend I have to disagree, I still think we are heading lower anywhere between $0.01225 - 0.0100 then continuing to $0.0085 - 0.0092 final target before consolidating and next leg up 📈
Dont let the whales take your money its bulltrap candle 🚫🕯
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JASMYUSD Pullback To Value Zone, Bullish Reversal Likely!JASMYUSD has pullback to its value zone!
N.B!
- JASMYUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
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JasmyCoin (JASMY) 10xOn a recent update to the expected alt-token market dominance idea I alluded a number of alt-tokens can expect a 10x return.
On the above 2-day charts price action has corrected over 95% since last November! Ouch. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints. This is also true for the 5-day chart (below). You don’t often see those signals on the 5-day but when you do… currently 9 alt-tokens across the entire market using high volume exchanges are printing this signal on the 5-day.
2) RSI resistance breakout on both trading pairs.
3) Less that 45% of the circulating supply is held on the top 10 wallets. Normally I don’t mention this in my ideas but when you’re looking <$100m market cap it is relevant. It is surprising how many of the popular tokens out there have 90% of circulating supply held by the top 10 wallets excluding exchanges. On this one the exact opposite is true, excellent.
It is possible price action falls further? Sure.
Is it probable? No.
Good luck!
WW
PS: If I have time I’ll think about publishing the other 7, or have I already ;-)
5-day incredible buy