$JASMY Neutral

Here we have the 4hr JJASMY chart and its curently looking for direction. When you zoom out on the 4hr you can clearly see a Bull flag with price action trending dowm at this time. I have created two short term possible scenarios shown as the green and red arrows, if jasmy breaks and holds above $0.04484 with a daily candle close then we should be in good shape with a continuing bullish momentum, but if she follows the red arrow then we may be looking at a short term bearish trend heading lower within the bullflag. A daily close below 0.0448 would not be in our best interest but as long as we remain in the bullflag channel we should be ok.

It would be best if we break the bullflag and head higher for a more immediate bullish continuation. For now we need to wait for Bitcoin to decide which way we go before jasmy makes a strong move wether up or down. All in all we should be ok, dont panic now and use this as an opportunity to buy more of this dip. Will updated as needed.

Target = Neutral Awaiting for price action too make contact with 0.0448 🧐