Apply this chart to every alt. Summer consolidation time.
Sell your coins half to Fiat, half to BTC (btc has 1 big more leg up, but top soon), enjoy the summer and don't look back. It's going to be ugly
The reversal will happen at news events by surprise, like always. Don't wait to long before entering the trade. Small position, loose stop loss, hold all the way up... and you will multiply x10
If there are news about over-supply of OIL is because everyone wants to accumulate OIL, before OIL price goes up.
Oops, a typo: I meant "If it doesn't break the weekly channel, then buy the handle"
If you have FCT, HOLD it. If you don't, 0.0053 to 0.0049 range is excellent range of price to buy Factom, now that has broken the down-trend line, and is consolidating.
Setup invalid if 0.0041 can't hold the price. That's really bad sign
They are doing good work during the last year and release information constantly like financial...
I wouldn't jump into it just now, although it touched a 618 fib retrace. I think it could go down still a bit more, to find proper support.
This is one of the most risky trades I posted lately. My recommendation is not margin, just hold some XMR