Last time I told you guys that as long as HMSTR held above 0.0003 and reclaimed the range, I was expecting a good move. It played out perfectly and we got a 50%+ rally.
After that pump, price lost momentum and dropped back below the support I mentioned. Now it's trading inside the same accumulation zone again.
I'm still bullish as long as price holds above 0.00012-0.00013. If buyers continue defending this area, I wouldn't be surprised to see another push toward the 0.00040-0.00050 region or even higher.
I'm staying patient. As long as this accumulation zone holds, I still like the setup. 📈
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
