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Edwin_J7
Mar 18, 2022 8:58 AM

JASMYUSD Long Scenario Long

JasmyCoin / United States DollarCoinbase

Description

Recently Jasmy is showing very clear patterns. Based on Elliot Wave analysis I think we just had an extended third wave and the market should make a correction towards wave 4. Considering the rule that wave 4 can't go below wave 1 I am expecting a bounce above the top of wave 1. There might be a demand zone matching 0.5 Fib level so I will look for buying opportunities in that zone. Also in that zone we have 0.02 rounded number so I think it makes sense for the market to come back and retest this price level.
Risk to reward ratio is a 4.14
What do you think about this one? :)
Comments
The_ForexX_Mindset
JASMY is tying to catch all by surprise. Not me baby. Pump it, pump it.
yuuuuuge
holy shit this was incredibly wrong
Xcommand
people are just impulse buying and not following any rules or indicators.
the only indicator I would use is the momentum indicator when it slows down that's it.
I told people not to buy apecoin and look what happened. people bought and lost half their money trying to sell stop loss. it's all a game of chance risk and reward only what you can afford to lose
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