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Jasmy Cup and Handle Formation

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Japan is a heavily regulated country in terms of the cryptocurrency market. Jasmy is a cryptocurrency that is seen as Japan's Bitcoin.

A very clear cup and handle formation is seen in the weekly time frame. Jasmy, which rose after the handle breakout, still appears at the beginning of its rise.

I think Jasmy needs to stay above the HP filter ($0.025) for this rise to continue. As long as it stays above the HP filter, I think Jasmy will come back to the IPO price.

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