HumbleFutures

Another Alt breaks on the weekly

Long
HumbleFutures Updated   
COINBASE:JASMYUSD   JasmyCoin
JASMYUS is the second alt to make a significant break on the weekly.
There are some really nice defi charts that have gotten completely crushed. This is the first one I have noticed with decent trading volume to make a risk conscious break... others could soon follow (DAPPT, POWR, IDEX, SUKU). The best case scenario is for BTC to break last week's highs... that will give crypto some much needed fuel to push out of these ultra depressed levels.
Much like the Tezos (XTZ) from last week, this is a great place to buy JASMYUS for the long term... plus has enormous potential to make huge trade to take a little out for 80%+ limiting your overall downside and hold the rest for the long term.
Trade active:
really strong move first thing this AM... at good spot to take a monster gain would be the weekly 21 simple MA which sits around 0.017 for 70%+. Taking some out here and then hold the rest gives you the opportunity to both redeploy some capital on another good setup (as more are coming) and capture more upside in this coin.
Trade active:
This position disappointed in a HURRY... when a position goes from super winner to super looser in quick fashion like that I usually take out where it fell from. Target for taking some profits is now at the 0.011 area. Unfortunate as it has enormous potential on the weekly chart.
Trade closed manually:
Given the marco situation we are looking to exit this position early for a loss at 0.0094... disappointing to say the least.. this one looked the best on the break. Went from hero to zero in a hurry!

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