#JasmyCoin - $JASMY - General Outlook

In a downtrend of about a month. There is a momentary local range (boxed in gray) formation and as long as it remains above 0.01723, the range top and downtrend resistance (red solid line) are targeted.

In order to start the rise, the red solid line resistance must be breached with voluminous candles and rise above the red box. Breaching this line without seeing a voluminous candle probably means that the accumulation range can continue for a while longer.

In case of rejection from the trend resistance or direct loss of the range bottom, the levels I marked below are targeted.