koryu

factom - bear market should be over

Long
koryu Updated   
POLONIEX:FCTBTC   None
19
uptrend has formed, moving averages crossing bullish

factom company actually rated at $30 million while factoids market cap is $16 million

Comment:
weekly is forming a nice hammer

Comment:
here we go :-)
Comment:
Looking for consolidation sideways or little correction.
Booking partial profits.

Comment:
possible pattern for consolidation

Comment:
buying back in this dip, seems like good risk reward
Comment:
factom going up again, target is still the upper channel line which is at 0.0073 right now.
Comment:
market cap of factoids are now ranging $28-30m which is exactly how factom the company was rated in the current series a
Comment:
Tim Draper says: “Governments also need better security from hackers, and the Blockchain avails them of better security than they currently have. I believe that the Factom team has the opportunity and the potential to build a company greater than Oracle and Palantir and IBM combined.”

cointelegraph.com/ne...nd-palantir-combined

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