doremoo1

FCT downtrend possibility

POLONIEX:FCTBTC   Factom / Bitcoin
FCT
230 3 1
fct
I'm still leaning towards a bullish Cup & Handle scenario (previous chart) but can't dismiss this possibility, a retreat to previous accumulation zone between 24-28.
Comment: Just learned that FCT will be presenting at Shanghai, China on 23-25 Sept.
An announcement of some significant could lead to a rise in price and perhaps a continuation of the bullish Cup & Handle scenario instead.
https://t.co/qvpdSklVU4
FCT going sideways after bouncing from the lower 30's. Some good news as Factom announces the raising of $4.2m
source: http://www.ibtimes.co.uk/blockchain-start-factom-raises-4-2m-series-funding-1584695
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Not only Shanghai, but also National Institute of Standards Technology (NIST) Headquarters on 26-27th Sept, then M2 release. Its totally bullish IMHO
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doremoo1 airatru
Fantastic. It undoubtedly looks very promising long-term.
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