Jasmy Analysis Update; Huge Breakout Triangle Forming
Hello Traders! CTDave here again with an update of the JASMYUSDT analysis chart.
As you all probably know, JASMY witnessed quite a few big jumps. This usually means a triangle pattern which was actually formed. In my opinion, Jasmy is going to drop down to ~$0.008 before going up. A look at the RSI indicator confirms that Jasmy is overbought right now so it's going down to ~$0.008. There is also a possibility that it might go down to ~$0.0075 because there is another support on the bottom green line. Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
As you all probably know, JASMY witnessed quite a few big jumps. This usually means a triangle pattern which was actually formed. In my opinion, Jasmy is going to drop down to ~$0.008 before going up. A look at the RSI indicator confirms that Jasmy is overbought right now so it's going down to ~$0.008. There is also a possibility that it might go down to ~$0.0075 because there is another support on the bottom green line. Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
