**
JASMY
UPDATE**
- Invalidating a H&S (Head & Shoulder) pattern with Jasmy climbing towards ATH's of $0.01700.
Please understand that Jasmy will be testing next resistance of 0.01645 that it must break closing above with a Daily candle then holding to continue towards $0.01700. We will be seeing Jasmy price action continuously retracing to the orange trendline then working on creating HL's (White Circle's) to reach the higher targets towards ATH's. We are also seeing the formation of an Ascending triangle to meet the LH's (Pink Circles) coming from above with an eventual breakout to the upside or breakdown to lower support lines.
I will update as the price action on my chart provides new details.
- Invalidating a H&S (Head & Shoulder) pattern with Jasmy climbing towards ATH's of $0.01700.
Please understand that Jasmy will be testing next resistance of 0.01645 that it must break closing above with a Daily candle then holding to continue towards $0.01700. We will be seeing Jasmy price action continuously retracing to the orange trendline then working on creating HL's (White Circle's) to reach the higher targets towards ATH's. We are also seeing the formation of an Ascending triangle to meet the LH's (Pink Circles) coming from above with an eventual breakout to the upside or breakdown to lower support lines.
I will update as the price action on my chart provides new details.