JYAI Jerry the Turtle by Matt Furie on ETH

Jerry is forming extremely healthy price structure and what I like to see before allocating into a new project. Price consolidating above previous resistance with declining volume while forming a falling wedge pattern “under” key moving averages. Horizontal support, declining volume, and a falling wedge… the kind of setup traders wait weeks and even months for and the zone where long term holders DCA more aggressively.

This has happened 3 times so far on the Jerry chart and each time led to a volume spike with a massive pump far above the moving averages. First time was followed by a 50x move from the local low, 2nd time a 7x move, and 3rd time a 16x move. These moves always happen when no one expects it, the market decides the timing. And by the looks of things, the next major move could happen any day or week now.

The dev just keeps cooking and the community is always at work with a few possible surprises in the not too distant future. Stay locked in Jerry fam and don’t get fumbled by the market. The next leg is loading, we just have to be patient. You are witnessing a $1 billion+ project in the making IMO. Exciting times ahead!