All the signals necessary for a bullish wave to form are now visible on the FCTBTC chart... Let's take a quick look at those:
Fanctom (FCTBTC) Chart Signals
First, we have a strong green candle to break out of a falling wedge. This signal only confirms when the daily candle closes.
Trading volume starting to increase (still low but the day is just getting...
FCT BTC has formed a big old cup and handle right off an all time low, and looks ready to pop, i expect it to go very bullish in the short term as it breaks above the ichimoku cloud and trend lines.
Traditionally you are looking at 4x or more from this point if you look back through the long term charts.
Due to the overall alt market being bullish and this...
Factom (FCTBTC) is looking bullish and is already in an uptrend. It hit a new low on the 18th of August.
Already trading above EMA50, it is easy for FCTBTC to move higher.
All the details are on the chart.
Thanks for reading.
FCT price broke the falling wedge and is moving sideway almost same like in 2018.
As we can see based on chart history, after trend movement there is distribution/accumulation phase of about 90 days.
After that we can expect a strong trend movement which i expect to be an uptrend.
Price can easily go up to 140 000 sats because of thin order book. Also 140 k...
Expecting a major brerakout in a week. Accumulating steadily for some time now. They have released lots of b2b deals lately. Can't wait to see what will happen. (This is not an investment advice, just some thoughts about the trend)
FCT looking ready to pump. It has bottomed out on my Daily fib and looks like its made a nice impulse move up on the 1hr and 4hr, that means I look for signs in that move upward in order to accurately place our 1hr fib. Looks to me that most of the conditions i like have been met, so Im looking to get in on this 1hr fib. My plan is get in at the green (25% line)...
Commodity : FACTOM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
$FCT reached long term descending support line (yellow) which is slightly below green buying area.
$FCT has strong team and community support, low supply and actual an use case.
Green and below - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Factom has a TD 9 Weekly Buy, with a ton of bullish divs on smaller timeframes and at Weekly Support, this should fly. They also have partnerships with the Government, Mortgage Companies and more, more partnerships should trickle out.
A big win for everyone who followed. All TPs hit. Position completely closed.
As I've mentioned earlier, high leverages are highly over-rated.
Besides TRX, since I've started this account, here is an account of all the Trade Calls I've made.
RECENT TRADE CALLS
Overview of Calls Since 17th January 2019
Number of Days - 19
Total - 59
Wins - 39
Loses - 12
. FACTOM/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. There is a possibility of temporary retracement to suggested support zone (0.00160000 to 0.00118000). if so, traders can set orders based on Price...