without_worries
Long

Factom (FCT) vs BTC

BITTREX:FCTBTC   Factom / Bitcoin
The 4-day chart above is showing us bullish divergence between price action and the oscillators, specifically with stochastic RSI and the Money Flow index ( MFI ) crossing to the upside.

The 1st target is an astonishing 500% away until the golden ratio.

10-day USD chart - impressive Dragonfly DOJI

My charts are free to all and only an opinion... please do your own research.

Comments

This growth is extremely bullish for not only PegNet but for Factom too because FCT burning is one of the main gateways to get PEG tokens for the time coming.

Therefore, if PegNet continues to grow at its current rates, we can anticipate a decent amount of FCT tokens to shrink out of circulation by those who want to put their hands on PEG – leaving the remaining FCT holders with a much higher value on their tokens.
https://www.publish0x.com/bullsquad/3-crypto-projects-with-burning-mechanism-you-must-be-aware-o-xqvdpp
Reply
@arkady68, Thanks for sharing - I was not aware of this..
Reply
@Rastiazul, Thanks for sharing.... let us see what happens.
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