parissap

JASMY can increase 90% if break out triangle

Long
BINANCE:JASMYUSDT   JASMY / TetherUS
#JASMY/USDT
$JASMY broke out from falling wedge pattern and touched the resistance zone , now price is at support zone and shaped a triangle that seems to break it out soon.
if bulls success to get out of triangle, price will increase to resistance zone and break this zone will head up price to next resistance around $0.16.
but if price break down from support zone , it will drop to next support around $0.07.
Comment:
#JASMY/USDT
$JASMY dropped to support around $0.07 then increased to parallel descending resistance, now price is above a support zone and exactly below descending resistance zone.
if price break out form descending resistance it will head up to resistance zone between $0.11 and $0.12, and break out from this zone can lead price to touch $0.16.
also it's possible that price touch the ascending support then continue uptrend move.
but if price break down from ascending support this analysis will be invalid and need to update.

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