I have been active in $Hege for a very long time, I have seen its development and I follow the numbers. The Chart Until a couple weeks ago, Hege was at its floor price of 6-8m. This was basically Hege’s previous ATH before the pump to 30m. The fact that the former ATH actually became our local low is insane. We gave Hege a month of accumulation in the 6-8m range, with new holders accumulating, whales getting a good entry, jeets leaving and believers buying more. When this Channel of accumulation breaks in one day, one week or one month, we are going on price discovery and VERY likely breaking 100m. Because whales are insanely thinned out, and jeets were too busy dropping their bags on the 6m floor. THAT IS WHY IT IS NECESSARY TO GO LOW AND ACCUMULATE TO GET A PUMP Let’s see what the data was when Hege was at this MC (10m) level in June, before the 30m pump. Now, we have ~14.200 holders, DOUBLED from then, and around 5200 holders with more than $10. We also know some bad wallets have been selling (and losing) a lot. More than 3 wallets holding each 20m+ Hege have been pushed out in the last 2-3 months. These wallets have taken out 750.000 USD from the Hege liquidity. For comparison, if we added that liquidity to Hege now, it would probably put the Market Cap around 70-80m MC. Why is this all really bullish? Because distribution is the first sign that a Coin can safely pump. Because the less huge whales there are, the less the chart can be hurt on the way up. Check Hege’s chart. All its big pumps took only 1-2 weeks or less, and happened after longer periods of consolidation. The longer the consolidation, the bigger the pump, the longer the consolidation again. That’s how organic charts move. Phase 1: consolidation between 1-2 m, took 2 weeks and then took us to 7m. A 3.5x from our previous High. Phase 2: consolidation between 2-8m took 8 weeks and took us to 30m. Again, a 3.5x from our previous High. Took 4 times as long as the first consolidation. Phase 3 (current): consolidation between 6-30m. We’re 21 weeks in consolidation now, and the weekly chart obviously turning green suggests we have found our floor. Following past trends, our next pump could be anywhere in the next days/weeks and would take us over 100m (3.5X from our previous high again). But our previous pumps were in a bearish, choppy market. Now, the crypto market is heating up. If we break 100m, 300m could very easily be next. This cycle, 100mil will be the new 10mil. Coins that deserve absolutely nothing, with shit distribution and no content whatsoever will fly. $Hege your bets! submitted by /u/Disastrous_Skirt_697 |
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