fenryr32
Long

Factom long trading idea.5x can be expected

BITTREX:FCTBTC   Factom / Bitcoin
FCT price broke the falling wedge and is moving sideway almost same like in 2018.
As we can see based on chart history, after trend movement there is distribution/accumulation phase of about 90 days.
After that we can expect a strong trend movement which i expect to be an uptrend.
Price can easily go up to 140 000 sats because of thin order book. Also 140 k was a first major support that became rezistance and it is 0.236 Fibol level between Last Uptrend High (as 1) and Current DownTrend Low (as 0)

Comments

May only have had to wait 6 more. With BTC free-falling I think this is going to pop now!
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