Feathercoin (FTC) Good Buy, A Relic (520% Profits potential)

BITTREX:FTCBTC   Feathercoin / Bitcoin
This is one of the oldest coins. Feathercoin (FTC) is a true relic in the cryptocurrency markets. Let’s see what we can do about it.

The charts are looking good for us, but some fundamentals first:

- What seems to be the lead developer of Feathercoin (FTC) is just getting back to work on this project. “News, run, we are about to make lots of money, somebody posted something on Twitter!!!”.
- Feathercoin is releasing a new client, an update to its current codes.
- Feathercoin is using Bitcoins codes and will activate Segregated Witness, which will allow for new tools to be implemented.
- Rank#192 on Coinmarketcap at the time of this writing.
- It was released around April of 2013. Added to Bittrex on February 2014.

Feathercoin (FTC) Technical Analysis and Trade Instructions

*** Trade instructions

Buy-in: 0.00002900 – 0.00003900

Stop-loss: 0.00002479


(1) 0.00004926
(2) 0.00007510
(3) 0.00011600
(4) 0.00014650

Notes: All time high reached on April 25, 2016 @ 0.00018499.

*** Indicators

- FTC broke-out back in October 2017 and has been on an uptrend since.
- The daily chart shows that FTC is trading on an ascending channel .
- The indicators on the daily chart are showing bullish signals and plenty of room for growth.
- This coin volume is also low, which allows for more room for growth.
- The weekly chart is very clear, we are positive for long.
- The MACD just crossed over on the weekly chart and it is in the bullish zone.

*** Message of the day

I am sharing my energy with the world today.

I am open to giving and receiving, that’s why I pray.

I am open to share a portion of my heart here with you.

I would like to show you my essence, all you need to know, is believe that this is true.

I would like show myself, in a form that you have never seen before.

You can choose to see me. You need to use your love and trust.

Finally we get to meet each other for another day.

This is just a short message, just to let you know that I am here to stay.

To stay in this world until all of my dreams and goals are met.

Until you can accomplish yours.

Until we can all be together again.

Comment: We are still almost within buy-in range. This is a long term trade, and profits will be good, as always. You can benefit by just buying and waiting.
Comment: We are within buy in range. This is a very easy hold.
The charts are still accumulating, for the next run.

So hold patiently. I will give you a chart update in a few days when the action starts again.
Comment: Like all of the trades I updated recently, this one is in a period of consolidation. This can end next week or it can take another week before we have enough strength to take off. In the meantime, we are still within the ascending channel.
Comment: Our FTC trade is still within the uptrend ascending channel and above the stop loss. So this trade is safe, this trade remains active.
Comment: I am holding this and every other trade.
We are in a market wide correction, and for this we halted trading for a few days.

Bitcoin bounced from support and right now we are waiting to see if this support level will be re-tested.

We need to allow a few more days to know how things will turn out. To get better and stronger signals.

The altcoins are looking better now but still have a way to go.
For now, we hold patiently. We hold strong.

P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.

Thanks for your support. I love you!
Comment: We are reaching the lower parts of our ascending channel. These levels hasn't been tested since the 8th January.

There are hints of trend change on the shorter timeframes, but still in the game in the longer one.

More wait is needed. Please allow time for this trade to develop.
The market wide correction affected it hard.

You can see the channel and potential on the daily chart:

I am holding until this correction is over.

Comment: We are now back within buyin range. We need more momentum for a take off.

We wait patiently as this is a long term trade.
Trade active: We are now back within our old upward trading channel and within buy-in range.

Below you can see the weekly and daily charts:

- Plenty of room for growth available on the weekly chart.
- Strong breakout on the daily chart yesterday.

Daily -

Weekly -
Comment: Feathercoin (FTC) is showing very strong reversal signals on the 4 hours chart.

You can see it based on the TD Sequential indicator, the MACD, RSI and STOCH curving up strong.

Here is the 4h chart:

We also bounced twice from the 0.0000248 price level and a very strong uptrend on the daily chart...

Here, take a look:

We still have some very strong resistance to face. But this one is looking like it wants some action soon.

Feathercoin (FTC) hasn't challenge its all time high since 2016. This can be a really profitable coin if it goes enough momentum and traction to take off.

Thanks for reading this update.

Please like, follow, share & comment...

Trade closed manually: New Feathercoin (FTC) Update Trade Idea (click on the image below):

Thanks a lot for your great support.


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Any new ideas on this?
@robthepa, I will take a look.
your thoughts on cloakcoin is it still a fundamental buy i your view.
@alanmasters , i have a question. The alt coin market did a terrible correction, more terrible than bitcoin i think, so my question is: why did you never stopped trading alt coins?, at least until the market recovers. And why dont you analysis bitcoin?
Tsan luigi212
@luigi212, Because Alan, is the PD Master. He must do something.
Update posted.

I might be posting a new trade idea for this coin soon as well.
+1 Reply
bjhriemersma alanmasters
@alanmasters, Have you checked the MTL chart (only on binance for now). It's being accumulated for a bullrun
Update Please...What do you think?
@alanmasters Hi bro. This is going up?
Back in the buy-in range? Why do you think that?
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