TradingOn

$JASMY/BTC 4h (#BinanceSpot) Falling wedge on support

Long
TradingOn Updated   
JasmyCoin has retraced down from its last big pump and 200MA seems to be holding, let's enter for another possible run.

Current Price= 0.00000064
Buy Entry= 0.00000064 - 0.00000058
Take Profit= 0.00000079 | 0.00000091 | 0.00000103
Stop Loss= 0.00000049

Risk/Reward= 1:1.5 | 1:2.5 | 1:3.5
Expected Profit= +29.51% | +49.18% | +68.85%
Possible Loss= -19.67%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks

Tags: #JASMY #JASMYBTC #DataDemocracy #PoV #IoT #Web3 #Enterprise #Payment #DeFi

Website: jasmy.co.jp/en.html

Contract:
#ERC20 0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC
Trade active:
1st entry filled

JasmyCoin broke-out of the wedge with up to +20.63% and is pulling back to it, we are manually adding to the position here!

Trade active:
2nd entry filled

JasmyCoin missed TP1 by 1 sat with up to +23.81% and is now pulling back again to demand zone, expecting another bounce.

Trade closed: stop reached:
SL hit with -19.67% and -1R

JasmyCoin did not bounce this time and lost local support after 50MA & 200MA crossed back.


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.