$MOMO chat is on textbook Wyckoff accumulation → markup → reaccumulation → markup path.
If this holds above 28M and breaks through 35M again, those rocket emojis are very justified even SHORT-TERM.
1) What Happened
2) What is Happening Now
3) What is the Future
Let's kick off with What Happened.
We just finished a 3 Wave Elliot Theory expansion phase and kicked off the re-accumulation period bouncing from DEMAND zone at this very moment.
What is Happening Now?
Current re-accumulation is following the same one that happened before Wave 2 (200% expansion) and is located in the second orange rectangle (2.) below the main trendline - exactly as previously (orange rectangle 1.).
What is the Future?
Possibility of the chart to sustain in orange rectangle 2. and bounce from DEMAND zone, as well as break through $35M market cap level will confirm the rocket ship to $50M SHORT-TERM.
There is also a chance we'll break down into RE-ACCUMULATION and spend some more time there which on the grand scheme of things will be very bullish as it will allow for a stronger push up for a longer period of time.
If that happens I'm expecting a very strong push way above $50M mid-term (several days).
Bearish confirmation is the chart confirming the drop below $18M MC.
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Overall, these zones of DEMAND & RE-ACCUMULATION are the ones where weak hands are selling and new whales are entering for the ride up to $100M MC.
$MOMO cemented itself as a strong Bonk ecosystem asset on the market with the fair value as $BONK beta at $300M MC.
Expecting the upcoming couple weeks to take us there.
I’ve been made aware of certain ludicrous allegations on Twitter and in Telegram groups that we have purchased a large amount of $MOMO on the open market.
I would like to place on record that these allegations are completely and utterly true and that we plan to defend these allegations to the full extent.
We don’t know the team, never spoken to them but we know exactly what an obsessed community looks like and this community is insane!
I’ve been made aware of certain ludicrous allegations on Twitter and in Telegram groups that we have purchased a large amount of $MOMO on the open market.
I would like to place on record that these allegations are completely and utterly true and that we plan to defend these allegations to the full extent.
We don’t know the team, never spoken to them but we know exactly what an obsessed community looks like and this community is insane!
May your parents see this bull run change your life.
Seriously.
Make it count while they’re here to witness it.
This isn’t just about profits,
It’s about them seeing your success while they’re still here.
Inshallah.
If you’re in your 20s, someday you’ll be 37 like me. So read this.
I just turned 37. In my twenties, I thought my life would be over at this point lol.
Ironically, I’m in the best shape, mental state, wealthier than I could of ever imagined, healthiest, and imo most attractive I’ve ever been in my life (before you roll your eyes, I was gross in my 20s… not hard lol).
I literally have everything I ever wanted. Including a wonderful wife.
But only because I sacrificed.
No one I know personally growing up went to the extremes I did to learn about health, self-development, social skills (which I had zero of). No one tried as hard or as long as me to get rich.
I’m not saying look at me, I’m special.
I’m saying I sacrificed a lot, took a lot of risk, and was very uncomfortable all the time.
And what I’m trying to convey to you is that the sacrifices you’re taking or considering taking are 500x worth it. You should sacrifice more actually, and do it with glee.
Go live in a $500-a-month apartment in Thailand and burn everything at the altar of your character arc.
I literally wish I had just done that at 20, trained Muay Thai and BJJ, and built harder. Big life regrets.
Anyways.
People (losers) will tell you you’re being crazy and missing out. Stop being money-focused. Stop trying, being so vain. Live a little.
They are wrong. Really fucking wrong. So unbelievably wrong that I would literally jump off a bridge if I had to switch lives with them and suffer the consequences of their life of no sacrifice.
You are missing zero. You will regret zero. Proudly go psycho monk mode and become as great as you can be.
You won’t regret missing getting drunk at the same bar 500 times with people you don’t even talk to at 40. You won’t regret missing the pointless dating. You won’t regret taking risk and failing.
You will deeeeeply regret at my age not sacrificing. You will start to see the decade of choices deeply and permanently in your and other men’s—you knows—lives.
And you will see this post is the truth.
After your twenties, the lifestyle, women, and all that shit you want will figure itself out and just come to you.
Hell, it’ll probably come to you in your early 20s and try to distract you because you’re building up so much power.
Keep sacrificing. It’s all completely worth it, and you’ll realize it’s actually the most fun part.
I work and sacrifice more now than I ever did… because it’s awesome pursuing the best possible potential for yourself personally.
Anyways, eat the shit. Skip everything. Picture your perfect character arc and light everything else on fire to get it.
And when you are at an age in the future that seems terrifying now, you will actually be enjoying the best times of your life.
Move fast, young man. You will be an old man who’s about to become an even older man soon.