🔷 JASMY/USDT Analysis
🟩 Position: Spot (LONG) with Confidence: 75%
• Machine Learning Algorithm Applied: LSTM (Long Short-Term Memory), a deep learning model for predicting time series data, which helps in forecasting price movements for cryptocurrencies based on historical data patterns.
• Solid Reason for Long: According to the model, JASMY is poised to rise based on a positive trend shown in the past few days, supported by recent bullish momentum in the US500. The current price is near key support levels, and technical indicators suggest an upward movement.
• Time Frame for Prediction: 5 Days
🔶 Key Indicators:
1. RSI: Currently in neutral territory (~50), but leaning toward oversold conditions, indicating potential for a rebound.
2. MACD: A bullish crossover is imminent, suggesting increasing upward momentum.
3. EMA: The 200 EMA is currently trending upwards, further confirming a bullish sentiment for the near term.
4. Volume: Slightly above average, suggesting a sustained interest in the asset.
Entry Strategy:
♻️ Recommended Leverage: 10x
👉 Entry Zone: $0.02185 (slightly below the current price to ensure a solid entry with a margin of safety)
• Entry in 4 Parts:
• Part 1: 25% at $0.02185
• Part 2: 25% at $0.02175
• Part 3: 25% at $0.02165
• Part 4: 25% at $0.02155
🎯 Targets:
• T1: $0.0225 (10% increase from current position)
• T2: $0.023 (20% increase from current position)
• T3: $0.0235 (30% increase from current position)
• T4: $0.024 (40% increase from current position)
⛔ Stop Loss: $0.021
• Set the stop loss at 5% from the current price to protect your investment from market manipulation or sudden downturns.
If Stop Loss Triggers:
• Reversal Strategy:
• New Entry: $0.02100
• New Targets:
• T1: $0.022
• T2: $0.023
• T3: $0.0235
• New Stop Loss: $0.0205
Justifying the Analysis:
• RSI is signaling potential oversold conditions, supporting the decision to go long.
• MACD bullish crossover implies a strengthening trend.
• 200 EMA indicates overall upward momentum, reinforcing a long position.
• Machine learning (LSTM) is predicting upward movement within the next 5 days, with a high degree of confidence.
