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Nice moves on some coins and also Jazz me was actually trying to break above the diagonal resistance and that even succeeded and that is absolutely amazing to see so in this video we’re gonna see what’s not the plan because now we got Above This resistance but what now must happen to really maintain Um the current price action to really uh get higher prices uh yeah it’s going to be great update if you like these videos about Jasmine don’t forget to drop a like on this video really means a lot to me and that also shows YouTube that you like and appreciate these videos for the Algorithm and of course if you want to trade check out bitget they have an amazing offer right now for our community thirteen thousand dollars in bonuses 25 fee discount on Maxi we also have really nice bonus 9100 US Dollars uh zero percent makeup is on spotting Futures and both exchanges are no kyc so you can stay Anonymous check them both out a big shout out to them for offering such a great thing for our community and now let’s get here into the price update so previously we have been talking about two key resistances and we actually now Got above one of them and we Trace below another again so first of all let’s start with the diagonal resistance which is the most important one for now we can see we got rejected for quite some time again um four candles in a row got rejected uh Yesterday then we finally got above a really nice volume increase but then also kind of bearish follow-up right no bullish follow-up which is kind of unfortunate so we try to really push above but we got rejected fairly quickly exactly back to our diagonal level so it’s actually an Sr level from Resistance and now turned into support but another thing that we also talked about and this is a key thing to note as well the EMA ribbon has always been acting as a resistance right here you may Robin one of my most important indicators especially on the four hourly Chart and you can see every time it goes into the EMA ribbon right here reject it right here yet again reject it again rejected we got above rejected it and you know I can go on further and further and yesterday again we got rejected again and now we actually are below the EMA ribbon which has been a very important support I mean a very important resistance we got rejected again and we got a fecal basically but we know phone support on the diagonal so that is kind of an interesting spot and we can also see in this current for hourly Canada Um jasmi actually tried to push again about the EMA ribbon so what is this telling us this basically says the EMA ribbon are still a massive resistance and actually uh really really important to cross to the upside so that is kind of unfortunate that we did not find support on this But we are still in this pattern uh we I mean in this channel right you can see this channel right here diagonal channel to the upside we also still have our macro support just below us which is also really important really really important as our level you can clearly See very very clear reactions exactly from this level but what we really want to see now is a clear bullish reaction which so far we didn’t get we had we had a couple of attempts but every time we really attempted to be bullish on Jasmine unfortunately something stopped Us and most of the time here it was the EMA ribbon which is very unfortunate now Market structure wise we actually shifted Market structure higher high higher low new higher high higher low and new new higher idea but so far kind of the momentum is slowing down and as I Said this bearish selling pressure coming in is really concerning so we still do have some levels to claim especially for an email ribbon and that’s going to be then the moment when we can take another trade on chase me coin if we now look at the daily chart Here the picture is not that clear either so we can see yes we did have this diagonal resistance but we also still have the daily EMA ribbon Market structure is not very clear on the daily chart it’s not uh not that obvious yet so nothing too crazy to see here and Also the RSI has basically just been going flat so on the RSI we actually do have some room to the upside but the price action and the overall momentum is not really confirming this which is of course really unfortunate to see for the weekly chart literally no bullish signal At all uh three weekly red closes no but we still I mean we still have six days to close for this so I would really love to see this candle now closing in green that would be really really important what I don’t want to see is that we are Not dropping below the channel why not this is below zero zero four five five four because that means first of all below the EMA ribbon we are below the diagonal support previous resistance then it’s going to be resistance again then we also drop it below our Channel Support I mean we still to have our big time support right here which is from October but obviously I would love to see just get a bonds from here and trade this to the upside but so far no bullish follow-up which is very very unfortunate now looking at the volume this is Actually amazing to see 131 increase which is definitely really good uh 28 million dollar volume in the last 24 hours compared to the market cap a ratio bigger than 10 that is a really good thing to see that means people are still interested but yet again I want to Emphasize yet there is not really too many bullish indications yet but we don’t have any bullish divergences in fact we actually do have a bearish Divergence right here it’s a very slight one very hard to notice but we can clearly see on the price we’re actually making a lower high But on the RSI is slightly higher high it’s very subtle but it is there um that is a bit concerning as well a white no is also kind of unclear if we actually not hold the support so I would love to see us holding the diagonal and Getting above dma ribbon I think that’s the key thing to really look at here and yeah on the smaller time frames I don’t think this is too interesting right now just the the overall buying power should definitely increase overall but that’s pretty much for this update on Jasmine coin I would certainly love To see more polish price action um that’s it for this video I will of course update you as soon as I see something interesting again if you want to trade check out bit get really really nice offer we also have something great going on on Maxi the links are both in The description as always thank you so much for watching and see you in the next update goodbye 📈 *Trade on Bitget with 25% Discount and $13,000 Bonus* 👉 https://bit.ly/BitGet-13000 👉 $13,000 Bonus ($8000 deposit + $5000 tasks) 👉 25% Exclusive Fee Discount 👉 $400,000,000 security fund!!! 👉 No KYC! 👉 High volume and liquidity Join Bitget Today: https://bit.ly/BitGet-13000 📈 *Trade on MEXC with 0% maker fees and get a $9100 bonus:* 👉 https://bit.ly/MEXC-9100 👑 MEXC is my 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