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Long

Factom Breaks Falling Wedge, Target Mapped

669
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 started).
  • Prices trading above EMA10 and EMA50.
  • MACD bullish crossover + hidden bullish divergence.
  • Strong RSI.
  • Low volume on the drop.
  • Higher low printed as well.


These are many signals that support the bull's perspective... We can expect for Factom (FCTBTC) to continue to grow.

Thanks for reading.

Namaste.
MasterAnanda
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alanmastersaltcoinsBeyond Technical AnalysisbittrexcryptofactomFCTFCTBTCTechnical IndicatorsTrend Analysis

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alanmastersaltcoinsBeyond Technical AnalysisbittrexcryptofactomFCTFCTBTCTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4

🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Also on:

Related publications

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.