🔸 After bottoming out at 0.003 and spending over a year in accumulation, JASMY finally broke above the key 0.008 resistance zone in February 2024. That breakout triggered a series of explosive moves – but just as violent were the drops that followed.
🔸 What stands out:
• The first post-breakout spike found a new support at 0.015.
• Then came a second vertical move toward 0.06, followed (of course) by a brutal drop.
• But… 0.008 held, and by late June, the chart printed a higher low, showing that buyers became interested.
📍 Right now, the price has reclaimed the 0.015 zone and is trying to stabilize above it. If this level holds, it could become the new base for the next wave.
💡 My plan?
This is very speculative, but I like the setup.
I’m looking to buy around 0.015–0.016, with clear negation below 0.010.
Target? Around 0.045, for a potential x3 move and a tasty 1:8 risk/reward.
⚠️ I’m not the guy who repeats the cliché “only trade what you can afford to lose,”
but seriously – this one is for clubbing money, not summer vacation money.
Let the volatility work in our favor. 🚀
🔸 What stands out:
• The first post-breakout spike found a new support at 0.015.
• Then came a second vertical move toward 0.06, followed (of course) by a brutal drop.
• But… 0.008 held, and by late June, the chart printed a higher low, showing that buyers became interested.
📍 Right now, the price has reclaimed the 0.015 zone and is trying to stabilize above it. If this level holds, it could become the new base for the next wave.
💡 My plan?
This is very speculative, but I like the setup.
I’m looking to buy around 0.015–0.016, with clear negation below 0.010.
Target? Around 0.045, for a potential x3 move and a tasty 1:8 risk/reward.
⚠️ I’m not the guy who repeats the cliché “only trade what you can afford to lose,”
but seriously – this one is for clubbing money, not summer vacation money.
Let the volatility work in our favor. 🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.