Bigger Picture of FCT/BTC.
Grants are paid out around this time and people are waiting for news to drop during the month of June. If it is really good news - Govt. actually utilizing Factom on grand scale- we might even go parabolic.
If its bad news Factom might move near All-Time-Lows around 60-70k Sats.
For documentation purposes.
We are in high pressure zone at the moment and approaching zone of even higher compression.
Major move to either side seems likely within the next 2 weeks.
Green horizontal line is strong longterm support.
Although still a beginner, i wanted to share my idea where double bottom and lines of resistance go along together nicely.