Factom broke out of a downtrend and started a very steep slope uptrend, meaning it should increase in price really fast as long as the trend is holding. Watch out for the trendline breaking down!! sell loss!! Good luck and happy new years.
FCT was moving quite well in the past few days ... i guess it's gonna reach 0.005 soon if it breaks it then it will fly to 0.0061 , if not it will bounce back to the 0.004 levels s if you had anything to add please comment happy trading
Factom FCT has hit the Median Line (1st target). Now it's just trading around it waiting for the next decision. This looks like the beginning of a new growth phase in a market. I'm looking expansion to the UMH (Upper Median Parallel) and from there perhaps even multiple warning lines as new fresh volumes enters this market. The two arrows indicate successful tests...
BITTREX:FCTBTC is now breaking out from its extended downtrend that has been containing the price vs BITSTAMP:BTCUSD since July 2017. Disclosure: I do not have a position in BITTREX:FCTBTC
Once again this is just me recording my learning process and should not be considered trading advice.
AI Signal FCT Indicator: Price at all time low support level. Market sentiment high. Signal: Likelihood of price increase: 85%
This is not an advise or prediction, it just shows the patterns up untill now and as it seem it will soon break
Hi guys! Over the next few weeks we are going to be looking more in-depth at using harmonic patterns across different alt-coins against bitcoin. After carrying out research we found that harmonic patterns can be very powerful and consistent in this developing market. In this example I am looking at Factom against Bitcoin. Price is at the lower end of the market...
This correction has been long and painful for many who bought Factom earlier on. The good news it that Factom might be ending it's descent within the next week. As you can see on the chart, the descending wedge is about to reach its point. If all goes according to fib rules, we can expect an impulse wave between .006 and .009 (that's 300-450% returns!)...
IMO very likely that Factom will repeat it's pattern.
Head and shoulders formation spotted on 1D timeframe. Possible targets/entry levels 1 and 2 on chart.
I am an novice, so I am more looking for feedback than anything else :) - Volume is not sexy yet - FCT/BTC price bear trend might come to an end? - FCT/$, after some accumulation it might breakout here
Factom has broken the down trend line. RSI is moving up and MACD has crossed over. Volume is also increasing. Target .0037 - 0.0047 Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
Just gonna continue off my old chart sorry if it's getting a bit cluttered. If this chart turns you a nice profit, please consider dogenating to the "PoloVita gets to keep living indoors" fund. It's a good cause. Doge address: DM2whCvsuM4Lw6xnJnuLumNsLF1jboF4WU Btc address: 1G7wcbpMGhqSZzyyurCFZ1io3QNp51zvL1