Hello, Skyrexians!
Today we will talk about the most disappointing meme coin HMSTR and its price action. Listed in 2024 after the listing pump it has been dropping permanently, disappointing those people who hold it or received airdrop earlier. In our recent analysis we told about -70% crash. The exact target has not been reached, but crash more than 50% has happened.
Today we keep you updated, that bear market is over and the next move is 10x from the current price. Look at the daily chart, we can see the Elliott wave zigzag correction ABC in wave 2. Wave C has been recently finished. We can see that Fractal Trend Detector [Skyrexio] turned green indicting the trend shift to the growth. In our opinion large wave 3 has been started and the 1.61 Fibonacci extension is our target for the bull run.
Best regards,
Skyrexio Team