POLONIEX:FCTBTC broke the upper descending trendline and also was oversold on the RSI. Consolidation in this area and we will most likely see a push up relatively soon. Also looking at the price action in this zone historically shows it is a high demand zone!
Comment:
Comment:
Higher highs and higher lows, expect a big impulse up coming.
Comment:
A quick look at FCT...We are just below the inititial entry. Looking at the previous price movement at the recent low, shows us potential upside. Lets be a bit patient as the market was experiencing a sell off but overall FCT held up fairly well sonsidering that some alts dropped as much as 32%.