The inverse head and shoulders pattern is a bullish reversal pattern in trading, typically signaling the end of a downtrend and the start of an uptrend. It consists of three troughs:
Left Shoulder: A price decline followed by a small upward move.
Head: A deeper price decline followed by another upward move.
Right Shoulder: A shallower decline similar to the left shoulder, followed by a final upward move.
now its about to breakout this pump will be massive.
On daily time frame fet has formed inverse head and shoulder perfectly and retest is also completed and us employment data is also good so now fet is in a extremely Bullish zone.
Bearish Divergence: This occurs when the price makes a higher high, but the RSI makes a lower high. In this chart, it appears that the price has made higher highs recently, while the RSI has slightly started to trend downwards, indicating a potential bearish divergence.
This bearish divergence may suggest that the current uptrend could lose momentum, potentially leading to a price correction. It's important to consider other indicators and confirmations before making trading decisions.
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💥Hamster-kombat listing today at 26 sep 12:00 utc so what will be the price of 1 hmstr token.
Listing price prediction according to the data provided by Hamester kombat.what will be the maximum and minimum price.
Total supply : 100 billion Circulation supply around : 63 billion
Market cap of Notecoin at listing is around 1 billion and reach 3.5 billion max both have almost same supply but hmstr have lage community and great hype as compared to notcoin.
So we consider hmstr market cap around 1.5 billion at listing and max 4 billion.
According to 1.5 billion market cap 1.5 billion / 63 billion
Price will be 0.023 Usdt
According to 4 billion market cap 4 billion / 63 billion
Price will be 0.063 usdt
So the price of hmstr token will trade in between 0.023 to 0.063 in the normal condition and if in case there is large amount of inflow and market cap increases more than 4 billion so the hmstr token can reach around 0.1 per token but this is very rare case.
In worst case if market cap is lower than 1.5 billion at listing and have heavy selling pressure so the price can even drop below 0.023 to 0.01.
How many hmstr tokens you have tell in the comment section.
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● Why Join?
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