The video attempts to rationalize speculative volatility using basic chart patterns that rely more on hindsight than actual predictive power. It is a classic example of finding narrative meaning in market noise to justify high-risk altcoin movements.
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Deep Dive
Jasmy Just Exploded (Here's Why)Added:
All right, guys. Good afternoon. Welcome back into the channel. Jasmy's price is on a rip. We're going to talk about why that is. We're going to have a look at the Jasmy chart to see where it might go to.
And we're going to talk about why it's happening, okay? So, if that sounds good to you guys, make sure you hit the like and subscribe to the channel. Having a quick look across the all coin space, kind of a mixed bag, really.
Uh some things pumping juicy, some things minor correction, you know?
I did say yesterday we'd probably see a little bit of a correction across the board as we crept into the evening just because yesterday we saw such a violent kind of pump to the upside across the entire space.
So, obviously we see a little bit a little bit of correction. Sorry, I got the hiccups.
Uh but yeah, either way, guys, it's looking pretty healthy in the markets this Saturday afternoon. Tomorrow we have the weekly close, so we'll see how that goes. But for now, uh things look okay. It's a nice It's nice to be able to sit back and just relax and have a nice green weekend. Am I right? Am I right? Let's get into the Bitcoin chart.
All right, guys. As far as Bitcoin is concerned, still inside the top of the range of this bear flag.
We've rejected off of it 1 2 3 days in a row. We've come down to support at about $80,000.
Currently 80,782.
Again, guys, as always I stress 30% chance of a break to the upside out of a bear flag, 70% chance of a break to the downside.
I do believe we're getting close to seeing that rollover, that capitulation.
We might find support on the 30-day moving average first, which is currently at 76,000 um 955.
So, we'll continue to track that as well, but I do think that as we go through this 2026 calendar year, we will see a little bit of lower price action across the board. Uh I don't think the bear market bottom is in quite yet, which excites me personally because I love to accumulate.
But, let's go look over at Zabec.
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All right, guys. So, check out this break out on Check out the breakout on Jasmy. Looking abs- and not even close to finish. Still going strong, guys.
207.4992075.
Looking fantastic. Broke out of this descending channel to the upside, which we were tracking for quite a while. Um so, you know, a structural break to the upside for starters, which was bound to happen anyway in a descending channel. But, this break to the upside, absolutely gorgeous, right? We had a nice daily close outside of here and continuation to the upside.
I think we're going to continue on that path, guys. I don't really see too too much resistance up ahead until we get somewhere right around here. 2075. If we can get past that range between 2075 and about 20775.
Uh if we can get past that, your next target is going to be probably up here around 2083. So, there could be a lot more run in the tank left for Jasmy. The The still says it could go higher as well on the daily timeframe, 82.24.
So, we're not exactly we're in overbought but not too much. We could go all the way up into the mid to high 90s, really. As far as the RSI is concerned, but if we go down to the 4-hour timeframe, 87.13 on the 4-hour. As you can see what we did here, textbook, guys. Look at this Look at this, we formed a little bit of a bull flag.
Right? Or bull pennant, I mean, on Jasmy on the 4-hour, broke to the upside again. Will we do the same thing? Will we do something similar? Consolidate around here for a few more 4-hour candles before continuing to the upside. It's entirely possible, guys. That's what I'd be watching for in the 4-hour timeframe.
What's the hourly telling us?
Uh we all Yeah, so the hourly timeframe RSI is even lower. It's actually cooler.
It's at 80.55, so.
Uh yeah, a lot of potential room to the upside to go here, guys, on the Jasmy chart.
Looking fantastic, in my opinion.
Look at that, gorgeous clean break to the upside. Now, the question is, why is this happening? Well, I mean, for one, it's a structural breakout, right? So, really normal chart action to begin with.
But also, uh there is an active discussion going around. I looked into it, there's an active discussion, not just a vague rumor, uh in the Jasmy community about Ando, Jasmy's co-founder, uh who If you don't know who Ando is, Ando was the CEO of Sony for decades, right? He's one of the co-founders of Jasmy. He is going to be doing a live interview.
Um I'll get a little bit deeper into that in a minute. Uh but, I personally flew out, as most of you know to Jasmy Labs back in November and I did an interview with Hara and part of our conversation Hara told me that Ando still walks to the office every single day. He He He walks to Jasmy Labs. So, um that's that's that's amazing to hear.
Not only that he's still there all the time, but that he's, you know, he's there, he's staying in shape, staying fit, walking to to to the office every day. That is very, very optimistic in my opinion. So, apparently it was announced a couple days ago on May 7th, so the day before yesterday, uh and is confirmed scheduled for May 19th between 6:30 and 7:30 p.m. uh Japan time. Okay?
Live stream link being shared. Uh community members are already talking about about it as upcoming positive news, which may be contributing to today's price action. So, we could see some announcements coming out about Jasmy Labs. This is highly anticipated, guys. Ando does not speak publicly often with these kinds of uh interviews.
So, I'm super excited about it. Uh I will be tracking what Ando has to say for obvious reasons. I know everybody will be, but the problem is a lot of people read between the lines with these kind of things. So, I will be there to break down exactly what he says and what I think these things mean uh when it comes to to Jasmy, right? So, I'm very excited about this personally, guys, and uh yeah, that to me is why Jasmy is breaking out today. A lot of anticipation. And And guys, I'd like to also add as well, just looking at the Jasmy chart, this is why accumulation during red, boring, sideways, depressing action matters. Now, it's not financial advice, but congratulations to everybody who was in accumulation mode when Jasmy was down because all the people who were whining, complaining, and not accumulating, now look what you missed, right? So, this is a learning This could be a learning moment, a teaching moment for a lot of people out there who are newer to crypto and did not take advantage of Jasmy before it started to pump, right? And it it That goes for every project that you believe in, right? If it's down, if it's the price is kind of boring, hasn't been doing anything, it feels like forever, that's what's known in crypto as an accumulation phase, okay? When when when that is the thing, when it when it's lasting a while, it's down, it's always like I said, the people who accumulate during those phases are the ones who come out on top.
The people who whine and complain the whole time, uh they don't come out on top, right?
So, which person is you is what you have to decide. And if you were one of the people who were not in accumulation mode, this is an opportunity for you for you to learn that next time you see something like this happening in one of your favorite projects, you can think back and go, "Well, last time I didn't accumulate, I was pessimistic, and I lost out.
I'm not making that mistake again, right?" Those who do not learn from their mistakes are doomed, in fact, to repeat.
If you are a micro cap gem hunter, guys, if you like to look for those 100 X opportunities, I've got some great news for you. We dropped three 100 X micro cap gems utility plays over in our Patreon community, and we are in aggressive accumulation right now. And I'm talking projects like XCN, like Civic. Guys, on those two projects alone, so many people in our community paid off their mortgages, bought new vehicles. Two people paid for their weddings, believe it or not, and many, many more actually retired from their jobs forever just off those two calls alone. They were able to tell their bosses to kick rocks. Imagine being one of those people because you got in early on a strong utility play before it 100x.
This is where the opportunity is, guys, over in our Patreon community. Join me, join thousands of other members today in the community. We're sharing all kinds of gems over there, all kinds of projects.
We're doing a lot of trading, as you can see on your screen, our traders have been just crushing it as well. And the creme de la creme, you can follow along our seven-figure portfolio course. Okay, we're on day 89 today, and we're doing it every single day, seven days a week throughout the entire course of the 2029 cycle. So, if you want to learn how to build and structure a seven-figure portfolio properly, jump aboard today, guys. We took profits yesterday on a project, one of the projects we were in. We took some profit profits out of that. We rolled those profits into something else in the continuation of building the seven-figure portfolio. It's not just about accumulating and holding until it reaches a million dollars, guys. It's about strategy, knowing when to take profits, knowing what to roll those profits into, knowing what moon bags to create, knowing what swing trades to take part in, and so much more. All of it is in our seven-figure portfolio course. So, check that out and so much more, guys, over in the Patreon community. And by the way, that course is not an extra fee, you get it free as a Patreon member, which is less than the price of a cup of coffee. Check it out today, guys, all that and all of our exclusive morning market overview seven days a week, evening market overviews seven days a week, and so much more.
Check it all out, the link is in the description. I'll see you in the next one.
God bless.
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