FCT is looking primed for a rebound. It has bottomed out and tested support many times, and is being pinched quite nicely by the BBs. 4h Macd is bullish, and RSI has got room to climb. Good R/R, solid fundamentals; Welcome to alt heaven, my dudes. SL 0.00544 TP 0.00847
FCT coming up against the strong downtrend that started from its all time high. It has failed to break through on 3 occasions within the past few days and is gearing up for the 4th attempt. Sine wave indicates the natural movement will be up and through the downtrend. FCT established some bottom support on the black line trending upwards
Sitting on strong support. If we break the downtrend line with big volume, get ready for lift off. Bullish divergences on RSI and MACD. Simple and easy, targets in yellow based on fibs and market structure. Stop below the recent lows. And hell fucking yeah, bittrex charts on trading view. Awesome :)
Factom like alot of altcoins lately is one of those tokens that has a great dev team, great potential and great product but has been slowly going down in price due to a lack of news. In the chart you can see a descending triangle forming, while generally bearish, in my opinion based on fundamentals wont last long. Ive been accumulating in the 600-620k range and if...
This coin is one Microsoft azure I really like the Elliott waves that I see playing out in this coin due to the breakout in major resistance followed by a pullback to breakout area now I personally think this just confirmed the bigger move. Should fractal out nicely! if you wanna learn technical analysis check out my website and video course links in my BIO thank you!
The great thing about Crypto charts is they are fractal by nature, if you're a fan of Fractals there are no better charts than Crypto to trade your theory. Just look at Bitcoin its a Fractal traders dream with Fractals appearing almost every month. I will have a future post on this soon. Looking at Factom we have a perfect Fractal trade coming up, lets see if...
Technical Analysis FCT has finally completed it's first 2 Weekly waves and is now preparing for the master grand Daddy wave. I wouldn't buy as of yet, but I would be monitoring FCT once it shows it's bullish momentum again, because once it DOES and buyers begin to step back in again we can get a potentially HUGE move with FCT over the course of 1-3 months. Happy...
Quite a large head and shoulders formation on FCTBTC. Might suggest that, whilst FCT might retain its $ value, BTC will accelerate and regain dominance. Quite a large bullish triangle setting up on BTCUSD too.
After a bearish divergence, i think its the perfect time to pick up some more FCT. Its slowly turning bullish and i expect a big move this week. Good luck!
62/38 EMA crossed. Looking at uptrend on 1HR chart. Entry @ 91 and 95. Looking for a test of 100 and and push above SMA200. Target .0128-.0133.
For the time being following previous FCT patterns, and following the previous growing half of FCT patterns i deducted the way it could reacted in it's descending phase (i believe it is in a descending phase). Just follow the red pattern to give you an idea of what to expect more or less
FCT has been hitting fib ext levels near perfectly. Current momentum could push this up to .02 very shortly.
Factoms similarity to Dash's pump following its multi month breakout is scary. Enormous move coming, confirmed by previous weekly close on FCT.
Current trendline as support will help FCT find it's way back up since the recent drop. Indicators support the possible bullish behaviour. If FCT breaks the current resistance this line will become the new support.
ALL ABOARD POLO MARGIN PUMP EXPRESS. Most bullish news I've seen in my life for a single alt. Not much TA needed for this one its a done deal The first thing I hear when the topic of blockchain is brought up amongst plebs is the idea of confirming and securing private/public records. SSN fct... jesus christ. FCT team got a priv investment of around $10m for their...