Technical analysis by GOAT1375 about Symbol HMSTR: Buy recommendation (10/4/2024)

GOAT1375

Hi, this is my new analysis for HMSTR. In the last 8-9 days HMSTR has fallen over 70% from the peak and it is normal to do that after airdrop. I have found something similar to Notcoin. As you see in the right after the airdrop, Notcoin dropped by 60-70% and after accumulation zone and break from the trendline the price rose 500 - 600% to 4.236 fibonnaci extension. Right now we are in a similar situation. HMSTR is stuck under the trendline, but I expect if BTC holds the support 60-62K, HMSTR is going to takeoff and in the long run we are going to touch either 3,618 or 4,236 fibonacci extensions. It will give us 600 - 800% upside. At the same time it is very important for HMSTR to hold 0.0044, otherwise we are going much lower to 0.0039-0.0040.