Descending triangle became horizontal parallel channel pattern(Short term) Descending triangle became an horizontal parallel channel pattern to monitor for breakout !
Not a financial advice
JASMYUST trade ideas
Areas to retestThis coin has been manipulated by a sole trader using around 10 million USD to create order blocks in both directions to sustain price ranges, Price has also been propped with leverage trades. I expect liquidity to eventually seep out of this coin into other projects for pumps. Dont believe the hype.
15m JASMY Squeeze into Breakout Daily and 4H trend continues to be upward.
A triangle is forming as a squeeze on 15m. Placed an entry at the bottom of the 1H support that coincides with the diagonal support as well as the 200MA. Stochastic also was in oversold region with a hook up into the blue zone as a potential sign of changing momentum. MACD cross also validates this hypothesis.
After entry there had been a false break/wick at the upper diagonal resistance. I’m expecting the wick as a sign of shorts’ stop losses being liquidated or triggered. This signals more potential up move after an expected follow up retracement.
Volume continues to be slow but the patterns seem to support an upward move after the squeeze and bounce off support as part of normal retracement.
JASMY 25-50% Long 15m TFUsing the daily support and the descending triangle channel, we can do a small long but high margin trade upon more confirmations - eg close of bullish candle at the support.
JASMY WATCH: SIGNS OF A POTENTIAL UPTREND SHIFT ON THE HORIZONIn our latest technical analysis of the JASMY coin, we've observed several key indicators that suggest a possible shift towards an uptrend in the short-term timeframes. After closely examining price movements and market dynamics, our predictive model is signalling a bullish sentiment on the horizon. As a result, we are entering a strategic point of $0.020, with a stop loss set at $0.018 to manage risk effectively. Our analysis aims for a take-profit level of $0.0235, anticipating a favorable uptick as market conditions align. This potential shift is backed by a comprehensive review of volume analysis, pattern recognition, and momentum indicators, which collectively indicate a growing buying interest and potential for price appreciation. Investors and traders are encouraged to monitor these levels closely, as the anticipated movement presents a promising opportunity for those looking to capitalize on JASMY's evolving market dynamics.
JASMYUSDT RİSİNG WEDGE??!!
After triangle breakdown, what will JASMY do now?, which is sailing in the rising channel
Traders can adjust risk managament and enter long from the current price
Falling wedge pattern is complete !!!! According to the chart falling wedge pattern is complete and i think it will return. But trade with your own idea.
jasmy is performing an **Ascending Broadening Wedge pattern**hi jasmy is performing an **Ascending Broadening Wedge pattern** i think it will return from 0.01900 or 0.01600 if first target is break
JASMYUSDTmy entry on this trade idea is taken from a point of interest ABOVE an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Jasmy Ready Again after Successfull Buy Trade## Jasmy Coin (JASMY): Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Jasmy Coin (JASMY):** Aims to be a data-driven platform for the Internet of Things (IoT) that empowers users to control their data.
* **Launched:** October 2021.
* **Market Cap:** ~$43 million (as of Feb 23, 2024).
* **Rank:** #778 on CoinGecko.
* **Unique Features:**
* **Focuses on data ownership and control for users.**
* **Utilizes blockchain technology to create a secure and transparent data marketplace.**
* **Partnerships with major Japanese companies like Panasonic and VAIO.**
**Recent News:**
* **Feb 22, 2024:** Jasmy announces strategic partnership with blockchain security firm AnChain.AI.
* **Feb 15, 2024:** Jasmy releases whitepaper outlining its vision for a "data democracy" powered by blockchain.
* **Jan 31, 2024:** Jasmy announces integration with MetaMask Institutional, a cryptocurrency wallet solution for institutional investors.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* Jasmy Coin is a relatively new project with limited market adoption.
* The recent news items highlight Jasmy's focus on partnerships and development.
* It's crucial to understand the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
Jasmy will fall to 0.015500 if 0.017 resistance is break !!!!! I think jasmy will return from 0.015500 .daily line will returned it.
JASMY WILL BE FALL!!!!According to the chart JASMY is completing a RISING WEDGE PATTERN and i think its will fall be carefull...
Technicals Send Mixed Signals as JASMY Tries To Break ResistanceThe JasmyCoin price dipped slightly from its previous 4-hour close as it attempts to overcome a small supply zone . Despite this dip, the 9 Exponential Moving Average (EMA) stands at $0.016332, slightly above the current price, suggesting a bullish trend in the short term. Conversely, the 20 EMA at $0.015722 trails the current price, indicating a more bearish sentiment in the medium term.
The Moving Average Convergence Divergence (MACD) further corroborates this mixed sentiment. While the MACD line has shown a positive divergence from the signal line over the past 24 hours, suggesting bullish momentum, the histogram has started to shrink, indicating a potential weakening of this bullish trend.
Relative Strength Index (RSI) readings hover around the neutral zone, indicating neither overbought nor oversold conditions. This suggests a degree of indecision in the market sentiment, with potential for either bullish or bearish movements.
Considering the key support and resistance levels, the JasmyCoin price faces immediate resistance at $0.018276. If the price manages to breach this level convincingly, it could pave the way for a rally. Conversely, failure to sustain above the current level might lead to a retest of support at 0.014409, followed by a deeper support level at 0.012568.
Given the current market conditions and technical indicators, traders may consider the following entry points:
Long Trade Entry: A convincing break above the $0.018276 resistance level, supported by increasing volume and bullish confirmation from MACD and RSI indicators.
Short Trades Entry: If the price fails to sustain above the 0$.017686 resistance level and shows signs of reversal, accompanied by bearish confirmation from MACD and RSI indicators.
JASMYUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome.
We've got Ichimoku Cloud breakout which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
RSI Bullish divergence signaling the bears have lost power for now.
Targets:
1) 0.0050
2) 0.0055
3) 0.0065
4) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan.
Let's see how it plays out!
Kina 🚀
Jasmy needs to cool offhi Traders
Some weeks ago , we have shared JasmyUSDT trading idea:
It played out exactly as expected.
We have compared Jasmy to ICP .
This time, let's compare Jasmy to UMA.
As we can see, the size of the move is similar. Now it's time to cool off.
As you can see, UMA is still correcting and it was close to retest 0.382 fib level.
If you want to enter Jasmy trade (recommending only spot trading on this scoin), you should wait for a further correction and potentially retesting 0.382 level. After that, the continuation of the macro uptrend will be expected.
0.786 fib level will be a reasonable take profil level.
Good luck
Jasmy/USDT Bullish outlookthe chart shows jasmy weekly (red) and daily (blue) support and resistance levels along with fib. on the daily time frame, Jasmy looks accumulating between the blue lines for further upward movement. the fib levels were drawn from March 2021. the targets are fib levels 0.5, 0.618, and 0.78 respectively. the scenario fails if .011 is broken downward (red line)
Great Opportunity in JASMYJASMY showing signal of break up.
The token climbed a lot last week following news of Japan parliament planning regulating the crypto market and enabling increase investment in crypto.
JASMY-USDT / 15 M / TECHNICAL ANALYSIS "HELLO TRADERS, I HAVE DETERMINED THE FORMATION TARGET ON THE CHART."
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
JASMY MOVE COMPLETE - WHERE TO NEXT?In this video i will show you the move that just happened plus where i think price will head to next
Dog Ears Part #2They are showing again them Dog ears, with funds entering the market expodentially... Could possibly be a massive increase in value.
Jasmy similar to ICPhi traders
JasmyUSDT looks kinda similar to ICPUSDT.
ICP broke out some weeks ago , but Jasmy still lagging behing. Once we get a breakout, it should fly. Not expecting Jasmy to retest the absolut bottom again. Market has been very generous and gave us a lot of time to acummulate Jasmy at these low prices. Big move will occur in the next weeks. Good luck
JASMY Plummets and Is at Danger of Continuing a Steep CorrectionOver the past 48 hours, the JasmyCoin price has printed a series of lower lows and lower highs on its 4-hour chart. This had resulted in the formation of a negative price channel.
Technicals Are Flagging Bearish
A deeper dive into the technical indicators reveals a more nuanced story. The 9 Exponential Moving Average (EMA) has been on a gradual decline. Similarly, the 20 EMA has shown a slight downtrend. These indicators suggest a bearish sentiment in the market, as the current JasmyCoin price is below both the 9 and 20 EMAs as well on the 4-hour chart.
The Moving Average Convergence Divergence (MACD) further supports this bearish outlook. The MACD line has been decreasing, alongside the signal line, with the histogram values remaining negative throughout the past 48 hours. This indicates that the downward momentum for the JasmyCoin price is likely to continue in the short term.
The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, has hovered around the neutral 50 mark. This suggests that the market is neither overbought nor oversold, providing no clear directional bias based on RSI alone.
Looking ahead, potential movements with respect to the key levels of $0.018276 and $0.006942 are crucial. The current bearish indicators suggest that testing the support level at $0.006541 may be on the horizon. A break below this level could trigger further sell-offs, whereas a reversal and move towards $0.018276 would require a significant shift in market sentiment, backed by increased buying pressure.
In conclusion, the technical indicators for the JasmyCoin price are currently showing a bearish trend. However, the volatile nature of the cryptocurrency market means that trends can reverse quickly. Traders and investors should keep a close eye on the mentioned support and resistance levels, as these will be critical in determining JASMY’s future direction.
