I think that for the short term theres going to be a drop for jasmy it's already breaking downwards from the descending triangle. i think it can have a move down to the .14 mark before an eventual continuation higher with the market. Love to hear your guys' thoughts on Jasmy.
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Jsamy has gone down a slight bit further but it really isn't looking bad for jasmy at all
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yup the short term drop turned into a wedge and jasmy has now started to make it's move higher
Thinking same it's definitely going to increase however now is not the time ... perhaps if BTC gets back on track it'll help out :) also
priitzzy
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@dr0iz2 I am thinking same. There might be a slight decline further still, but it should go up along with BTC. This one is a longer term hodl for sure
Laserbones
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@priitzzy, "long term hodl" is just another term for "bagholding" or "opportunity cost". There's plenty of large market cap coins that became "long term hodls" in May 2021 that haven't pumped since, despite a million bullish predictions on this site.
pierrebakshi
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@Laserbones, I think you're being a bit impatient. In due time I think the market including jasmy will boom
priitzzy
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@Laserbones, You are not wrong, but as with any coin its a risk one must take 🙂
pierrebakshi
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@priitzzy, yup and from this drop that ended up panning out jasmy has turned more into a falling wedge so when the market gets back on it's feet I think we can expect to see a move for jasmy
Laserbones
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Finally someone posting about this that isn't full long. I still have profit my position at 15 cents average, but regret buying more at .22 and .19 based on TA and other feedback I've read here and elsewhere. Seems overly bullish at this point
dr0iz2
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@Laserbones, Yes, it went overly bullish for sure and well now its paid the price hopefully it'll not triple again and only double :)