**Not financial advice. Just my thoughts based on Trend Analysis. **BTC is in limbo and could head down near term. This could force JASMY down vs breaking up out of the triangle. **Sometimes its safer to wait for confirmation vs buying what you think is the bottom.
I personally think JASMY finds a bottom between 7PM est 11.14.21 and 7AM est 11.15.21
JASMY is near support, near the edge of breaking out of its triangle and could break out in the very near future. (It could also breakdown)
JASMY likes the Demark 9 Count on the 45M, 4HR and 18HR timeframes. ***For short timeframe scalps I use the 45M TF to identify 9s and good times to sell. A 9 will print on the 45M TF around 530PM EST. This "could be its bottom" ***For buy signals I use the 4HR TF to identify 9s. The 4HR candle is currently flashing a 5. Which means we could still be headed down for 16 more hours until the reversal. ***For long term buy and sells I use the 18HR TF for buy and sells. JASMY is currently printing a 9 on the 18HR. A new candle will print around 7PM EST.
I am extra bullish now. JASMY is currently Flashing a 9 on the 4 HR. Which lines up with my comment about 16 more hours until the reversal. It could be printing a double bottom here.
pierrebakshi
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@JohnnySecretz, can you elaborate what do you mean by flashing/printing 9's and can you further explain why you are bullish. From my understanding a descending triangle is traditionally a bearish sign not bullish
JohnnySecretz
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@pierrebakshi, JASMY could still very well be dead. That's why I said its safer to wait for confirmation. To answer your question about the 9s. I use Tom Demark's Sequiential Sequence indicator, Vumanchu Cipher B, Stoch, and volume. I don't have time to explain Tom Demark's sequential sequence via chat, but there are a ton of good videos on it. I've been using it a lot to find bottoms and kind of explain it in some of my other ideas (JASMY at .0591, PLAY at .0786, ACH .0590, AMP .042, OXT at .48). Long story short, JASMY has not confirmed a break out. I was just seeing enough indicators flashing bottom signs.
A_Nash
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how low will it go? 😭😭
dnnypck
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It's finding new bottoms this afternoon unfortunately. Here's hoping it holds for now.
JohnnySecretz
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I bought .166 at 530pm based on the my 45M prediction and that being what I thought would be the last big dip before the 18HR switching
dr0iz2
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@JohnnySecretz, Good call it seems to be on the rise now :)
mattmohamadi
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how low do yall think itll get
dnnypck
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@mattmohamadi, If it drops, I think it could drop to .12