Today I'd like to share a JASMY Coin idea. I've spotted an inverse head and shoulder pattern that has formed. Confirmation to the bullish upside would be a breakout and re-test of the zone followed by entry trigger dropping into the lower timeframes.
We need the breakout of the pattern to the upside to confirm bullish reversal. But...
Jasmy, one of the most popular coins in Japan, has been progressing silently. First, breaking the downtrend pattern and then starting an upward move. Now, we have to see if Jasmy can break the horizontal resistance area in front of it.
JASMY Breakout from falling wedge… HOOK and JASMY PA an price structure pretty the same and I expect both of them to have good performance soon….. Wait for retest of the falling wedge and take a long from there…..
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If you cannot see the position of the candle because it is obscured by the indicator when looking at the chart in full range, I think it is not yet time to...
$JASMY :: SHORT ⏰ PERIOD ANALYSIS 📌
#crypto #dyor #futuretrade :: 2-5x 🤞
Buy :: $0.00394 - $0.00424/43
Sell :: $0.003556
#SL :: $0.004411
📌 I am going open short position bcs it rejected to break trend 📉 line 📍
The reaction with the demand zone has been done well, now we have to wait for the pullback phase to support
You can make your purchase as soon as you react to this support in the time trigger
Don't forget to like
We could potentially have 3 moves I could forecast.
First move would be a break above 0.0046 that would totally mean bulls are taking over but we could potentially see a second move that could be a correction towards previous resistance that has turned into support 0.0042 then the bull move would continue
Targets: 0.0057 - 0.0066
Price has currently entered into a trading zone which we could try to predict 2 sides according to that it does in the next days or week.
Key zone we are analyzing here: 0.0046 - 0.0042
Support holds and after a double bottom or inverse h&s, we get confirmation of a breakout from the pattern then we can go long.
Jasmy getting it in! bullish currently and rising but today with Bitcoin undecided it'll most likely be a very slow rise but it's good to see regardless after some previous drama ... good for them keep rising :)
Hi dear friends, hope you are well and welcome to the new update on JasmyCoin (JASMY) Token.
On a daily time frame, JASMY has formed a bullish Shark pattern for the bullish price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Jasmy is Respecting this Symmetrical Triangle for More than 2 weeks And finally Price Reach to Certain Level where breakout is eminent in Next few days
Jasmy still Prime to Test 0.0083$ and then 0.012$ in case Breakout if break down first Major support 0.0058$ Good luck Guys
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the JASMY symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions