Hey traders! ๐
#JASMY is currently consolidating sideways on the 4H timeframe, right after completing a harmonic pattern โ a strong technical signal often followed by a trend reversal or continuation.
๐ What Iโm Watching:
โ Harmonic Pattern Completed: The recent price structure aligns well with a bullish harmonic setup.
๐ Sideways Movement: Market is in accumulation, signaling potential energy buildup.
๐ Bullish Divergence forming on RSI/MACD (waiting for confirmation).
๐ Key Resistance Level: If price breaks and retests this resistance, it could trigger a strong uptrend.
๐ Trade Plan:
We'll wait for confirmation:
Bullish divergence on 4H indicators.
Clean breakout and retest of the resistance zone.
Enter long with proper risk management (SL below recent swing low).
๐ก Patience is key โ no entry until confirmation.
๐ฌ What do you think? Will #JASMY break out soon or continue ranging?
๐ Drop your thoughts in the comments!
โค๏ธ Like if you find this helpful
๐ Follow for more clean setups and real-time updates!
#JASMY #CryptoTrading #HarmonicPattern #TechnicalAnalysis #BullishSetup #BreakoutTrade #Altcoins #TradingView #CryptoCommunity #TrendReversal #PriceAction #RiskManagement
#JASMY is currently consolidating sideways on the 4H timeframe, right after completing a harmonic pattern โ a strong technical signal often followed by a trend reversal or continuation.
๐ What Iโm Watching:
โ Harmonic Pattern Completed: The recent price structure aligns well with a bullish harmonic setup.
๐ Sideways Movement: Market is in accumulation, signaling potential energy buildup.
๐ Bullish Divergence forming on RSI/MACD (waiting for confirmation).
๐ Key Resistance Level: If price breaks and retests this resistance, it could trigger a strong uptrend.
๐ Trade Plan:
We'll wait for confirmation:
Bullish divergence on 4H indicators.
Clean breakout and retest of the resistance zone.
Enter long with proper risk management (SL below recent swing low).
๐ก Patience is key โ no entry until confirmation.
๐ฌ What do you think? Will #JASMY break out soon or continue ranging?
๐ Drop your thoughts in the comments!
โค๏ธ Like if you find this helpful
๐ Follow for more clean setups and real-time updates!
#JASMY #CryptoTrading #HarmonicPattern #TechnicalAnalysis #BullishSetup #BreakoutTrade #Altcoins #TradingView #CryptoCommunity #TrendReversal #PriceAction #RiskManagement
Nota
This Trade is still valid, and we will wait for the break of the our entry point. Nota
Trade is still valid, wait for the break and retest the our entry price. Pesanan dibatalkan
Trade is not valid. Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.