Source

Waves

Coin

<ul class="news-points"> 
 <li>Elliott Wave analysis suggests Jasmy (JASMY) may see a bullish reversal.</li> 
 <li>Key support levels are identified at $0.025 and $0.026.</li> 
 <li>Potential resistance levels are at $0.038, $0.048, and $0.05.</li> 
</ul> 
A 4-hour timeframe chart of JASMY/USDT analyzed using Elliott Wave Theory indicates potential bullish and bearish scenarios for the Jasmy (JASMY) token paired with Tether (USDT).&nbsp; 
The current price movement suggests the possible continuation of an upward trend if specific conditions are met. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXccSvfUc3sK2oKqR0YK4eZBvrLf99QEKT1o4Pp40rA7gna73fMxqP_2ciogFXftLzbSncTlV3Jp9MyphUWqv3BcEBXlxDnhnHjeehUK3DKWXvywaUwIVqMZdzK9ESW02V6sS4p8dLg2HrHC7WKyYsx2SkNH?key=XfJ5ZqOxO2qKuBbaTb2FVw" alt="">
</figure> 
Source<a href="https://x.com/mdtrade/status/1803034108567708025" target="_blank" rel="nofollow"> Matthew Dixon</a> 
The Elliott Wave Theory reveals a five-wave pattern in the JASMY/USDT chart. Waves 1, 2, and 3 have already completed, with Wave 3 peaking around $0.048. Wave 4 is currently in progress, indicating a correction phase. The price hovers around $0.032, marking a possible bottom for Wave 4. This price action suggests that the market might soon rebound and begin Wave 5. 
The support level is around $0.025 to $0.026. This level is significant as it might prevent further declines. The resistance level is near $0.038. A breakout above this resistance might confirm the beginning of Wave 5. 
In a bullish scenario, the price could reverse from the current level…
The post <a href="https://coinedition.com/jasmy-jasmy-price-could-skyrocket-according-to-this-chart-pattern/">Jasmy (JASMY) Price Could Skyrocket, According to This Chart Pattern</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Jasmy (JASMY) Price Could Skyrocket, According to This Chart Pattern

Coin Edition

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