undervalued marketcap
trading ~9mil has 42mil in treasury reserves from last year
listed on bitfinex, the website is as functional as ohm
ill be accumulating i think
FTMs best decentralized reserve currecny now deflationary utility token
with dao reserves far outweighing its current market cap valuation
and active dev with a talented team
think this ones seen the low of the macro range here at 8$
Hector DAO continues to consolidate before a retest to set up a double bottom around $13-$15. I think sell pressure will continue into end of February with potential rebound in the beginning of March to retest the resistance trend line .
HEC DAO seems to be on a path to $40 first and if it breaks $28 is possible before it bounces back. When we brokeout of the resistance trendline last week and went back up to 80s we had glamour of potential reversal but HEC got rejected there. Unfortunately, since then selling pressure continued. We have squeezes forming to the downside.
It looks like HEC will...
HEC has multi timeframe squeezes and it seems that it will test out the bottom of the channel. A good play would be to buy bonds (3,3) at the support zone of $200-215 for 15-20% discount bonds and get your average buy to $170 level.
Hector DAO has multi timeframe squeezes. 4 hr squeeze has just fired to the upside. Some of the FOMO related to OHM is over as it didn't apply to HEC.
Pull backs to my buy zone $262-270 combined with a DAI BOND purchase you can get in @240-250 (not an investment advice). My price target is $690.
Hector DAO wants to be the de-facto reserve currency of the FTM...
HEC has been one of the best performing OHM fork DAOs recently. It is still early to get in (not a financial advise). With the multi time frame squeezes forming, any pull back to my buy zone would be a great buy.
And if you can catch one of the 20% DAI bonds, you can get in at a pretty good price.
My first price target is $469.
USDJPY 'Long trade' based on Hector Setup
price is bouncing from Dynamic zone (between 30 & 50) SMA hence on the break of triangle we can expect a higher swing up.
