Long
FCT long
factom is a project with very good fundamentals and can be considered to be held for a longer term. after this most recent sell off, prices snapped back above the 50 day and found some resistance around 0.0075. If current prices round 0.007 and the 50 day can be held, this MA is going to be flattening out and may start rising. this suggests a longer term up swing might be in place with possible new all time highs. I accumulated factom during the sell off starting at 0.004 and kept adding to my position on the way up. FCT is besides bitcoin my biggest position
Note
factom so strong, right back to yesterdays high. its somewhat extended here after this rallye and may have some resistance at 0.0075 and 0.0085. sharp bull backs such as yesterday's are buy opportunities which is why i mentioned it.Note
holding factom for now. lets see if it can show some strength
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.