This coin is primed for a breakout – here’s what to do…
Actions to take
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jasmy
Action to Take: Using your Coinbase or Binance account, buy Jasmy (JASMY) at the market. Close the entire position at 50% profits- or when you hear from me.
Hi there.
After a huge rally to start 2023, JASMY topped out back in February and has spent much of the last few months consolidating, at one point losing nearly 50% of its value from February highs!
However, over the past few weeks the coin has been on a steady uptrend, each time making higher highs and higher lows, and in recent days its price has rallied all the way back near its 2023 highs…
Our signals have been solidly bullish on the coin, and now that its longer-term 50- and 200- day moving averages (MA) have caught up to price and are on the rise, JASMY coin could finally be ready to finally break out to the upside.
Once it breaks, JASMY‘s next potential major resistance zone comes in at about $0.012, which is where the coin sharply bottomed in early 2022 before breaking below and selling off the rest of the year… At the time of writing, this is more than 50% above current prices, and that’s exactly what we’re targeting on the upside.
And finally, we’re wrong if JASMY begins trading below its green zone, which is where the coin last found strong support in March. This is about 30% below current prices and closing below there would likely mean we’d be taking an early exit and moving on to better opportunities.
With that said, here’s what to do:
Action to Take: Using your Coinbase or Binance account, buy Jasmy (JASMY) at the market. Close the entire position at 50% profits- or when you hear from me.
Until next time.
Tom Gentile
America’s #1 Pattern Trader