badbeatnuts

FCT/BTC - Possible upwards movement soon?

POLONIEX:FCTBTC   None
Hi all,

Not the most exciting alt coin in the bag we have here but a potential profit one nonetheless. It has dropped to very hard during the past months and not a lot of interest in volume. When there is blood in the streets, we should be greedy. Looking at the chart it seems like it crawled through the resistance, slightly tested it and is about to make a move soon. Should BTC beat the 200 MA and the 6800 resistance, we should expect the whole market to move up including this devalued altcoin. Quick buy upon resistance break makes sense here.

Check out my other graphs, looks like I was onto something and they turned out correct.

Thanks!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.