JASMYCOIN - JASMY/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	JASMYUSDT
ISIN:

JASMYCOIN - JASMY/USDT - Daily - Technical analysis published on 03/01/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

50%

33%

My opinion

Bullish above 0.005372 USDT

My targets

0.006890 USDT (+14.89%)

0.007973 USDT (+32.95%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on JASMYCOIN - JASMY/USDT. As long as you are above the support located at 0.005372 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.006890 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.007973 USDT as an objective. Crossing it would then enable buyers to target 0.009701 USDT. If the support 0.005372 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Joeymeloney. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

JASMYCOIN - JASMY/USDT rating 0.005997 USDT. The price registered a decrease of -9.53% on the session with the lowest point at 0.005952 USDT and the highest point at 0.006062 USDT. The deviation from the price is +0.76% for the low point and -1.07% for the high point.

0.005952

0.006062

0.005997

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by JASMYCOIN - JASMY/USDT:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of JASMYCOIN - JASMY/USDT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.003449	0.005095	0.005997	0.006081	0.006890	0.007973
Change (%)	-42.49%	-15.04%	-	+1.40%	+14.89%	+32.95%
Change	-0.002548	-0.000902	-	+0.000084	+0.000893	+0.001976
Level	Minor	Minor	-	Major	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.005531	0.005730	0.005831	0.006030	0.006131	0.006330	0.006431
Camarilla	0.005850	0.005877	0.005905	0.005932	0.005960	0.005987	0.006015
Woodie	0.005482	0.005706	0.005782	0.006006	0.006082	0.006306	0.006382
Fibonacci	0.005730	0.005845	0.005915	0.006030	0.006145	0.006215	0.006330

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003695	0.004812	0.005372	0.006489	0.007049	0.008166	0.008726
Camarilla	0.005471	0.005625	0.005778	0.005932	0.006086	0.006240	0.006393
Woodie	0.003417	0.004673	0.005094	0.006350	0.006771	0.008027	0.008448
Fibonacci	0.004812	0.005453	0.005848	0.006489	0.007130	0.007525	0.008166

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000954	0.002921	0.004426	0.006393	0.007898	0.009865	0.011370
Camarilla	0.004977	0.005296	0.005614	0.005932	0.006250	0.006569	0.006887
Woodie	0.000724	0.002806	0.004196	0.006278	0.007668	0.009750	0.011140
Fibonacci	0.002921	0.004247	0.005066	0.006393	0.007719	0.008538	0.009865

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.74
MACD (12,26,9):	0.0002
Directional Movement:	3.344715
AROON (14):	28.571429
DEMA (21):	0.006796
Parabolic SAR (0,02-0,02-0,2):	0.007405
Elder Ray (13):	-0.000511
Super Trend (3,10):	0.005558
Zig ZAG (10):	0.006000
VORTEX (21):	1.0218
Stochastique (14,3,5):	10.08
TEMA (21):	0.006551
Williams %R (14):	-91.64
Chande Momentum Oscillator (20):	-0.000061
Repulse (5,40,3):	-11.7207
ROCnROLL:	-1
TRIX (15,9):	0.9159
Courbe Coppock:	2.24

MA7:	0.006621
MA20:	0.006729
MA50:	0.005696
MA100:	0.004649
MAexp7:	0.006402
MAexp20:	0.006454
MAexp50:	0.005820
MAexp100:	0.005455
Price / MA7:	-9.42%
Price / MA20:	-10.88%
Price / MA50:	+5.28%
Price / MA100:	+29.00%
Price / MAexp7:	-6.33%
Price / MAexp20:	-7.08%
Price / MAexp50:	+3.04%
Price / MAexp100:	+9.94%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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