JASMYUST trade ideas
The possibility of growth for this currencyThis currency is located near a support zone, for those who are risk takers, they can take a long position now and enter the second step after a positive reaction on the red zone, i.e. 7% lower.
But those who are not risk takers can wait to enter the support zone after a positive reaction.
The loss limit is clear in the chart.
JASMY → Consolidation may move into distribution BINANCE:JASMYUSDT is moving to the phase of realization of accumulated potential. On the background of signal from moving averages the market before resistance forms pre-breakdown consolidation. As a result - breakout of the global trend resistance.
If you pay attention to the COINBASE:BTCUSD chart, the CRYPTOCAP:TOTAL chart (Total Cryptocurrency Market Capitalization), you can see that against the background of the general crypto hype JASMY is quite inferior to the leading assets. At the moment, the coin is entering the phase of realization of the accumulated potential and against the background of a rather large gap, the coin can show a good, let's say "low start" and form a huge momentum.
At the moment our task is to wait for the price to consolidate above the previously broken channel resistance. Consolidation and forging of the bullish potential above 0.0060 will open us the opportunity to enter the market from a relatively safe position. Moving averages are supporting the market.
Support levels: 0.0060, 0.005025
Resistance levels: 0.006575, 0.00796
The market is beginning to show prerequisites for bullish dynamics. Price consolidation in the new range will give us a good potential.
Regards R. Linda!
JASMYUSDT BIG MOVE IMMINENT Finally Jasmy Breaking out from Local Resistance of 0.006$ and it Beautifully Retested the Triangle and finally Able to Breakthrough this 0.006$ Resistance next Measured Move of this Breakout Triangle is 0.008$ which is Another Big Resistance
Good luck Guys Don’t miss this Trade
JASMY Updated Count
The divergence highlighted in my previous analysis has indeed marked the turning point for bulls.
In my primary count, we're presently in green wave V, which would become blue wave 1.
While it's possible that green wave IV has concluded, we might still see an additional stop hunting push downwards.
This analysis holds as long as wave IV remains above the 0.003925 threshold.
From a trading perspective, a lower positioning of wave IV would be preferable, offering trades with a more favorable risk-return ratio.
Jasmy Eyes 1 Trillion! Will Jasmy reach it's goal of 1 trillion!? Comparing Jasmy to one of my other favorite projects Fantom I have come up with this approximate number when comparing the data!
The simple comparison is in the chart and from the high from the initial move down is made. Approximately from that point its was 880 days and a 7500% rise... I feel 1 Trillion$ companies will come more and more frequent as time move forward. From the S&P500 to BTC to ETH to FTM the speed at which these assets move in terms of the charts seem to accelerate and it is not out of the realm of possibility that some companies will fast track to these world class evaluations..
We are in the very infancy of Blockchain Technology don't let the fud prevent you from Valhalla!
JASMY will be very profitableBy checking Jasmy's chart, we can see that a double correction is forming in the chart, and the second part of this correction is a diametric.
It seems we are now at the end of wave f of this diametric.
If the g wave is hit and my wave count is correct, you can look for buy/long positions in the green box.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
JASMYUSDT"As we enter the bullish season, the initial target to aim for is
target : 0.1 0.5 1.0 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Jasmyusdt Trade opportunityJasmyusdt is currently trading within an ascending broadening wedge formation. The immediate support for the price is the pattern bottom trendline, while there is a lateral weak resistance zone around 0.007221.
If the price breaks above this level, the major immediate target for the price is the local resistance area towards 0.015927. The final setup target is the important supply zone around 0.052032.
However, traders should keep an eye on the major support zone as it is a strong support level that, if broken, could lead the price to test a major demand trendline zone.
Therefore, it is important to watch the price action carefully and consider the risk-reward ratio before making any trading decisions.