Factom $FCT - long idea$FCT has been consolidating for a few years and ready to begin a new run up.
Factom has a low supply and currently significantly undervalued.
Good time to accumulate and patiently wait for great returns.
Not financial advice.
Trade carefully and good luck.
Factom
Factom Bitcoin recoveryBull market recovery, currently sitting at 1/100 of BTC ATH and around 1/50 of USD ATH
Factom Breaks Falling Wedge, Target MappedAll 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.
Factom Newly Established Uptrend | Next Target At 100%+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.
Namaste.
Factom long trading idea.5x can be expectedFCT 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 was a first major support that became rezistance and it is 0.236 Fibol level between Last Uptrend High (as 1) and Current DownTrend Low (as 0)
Factom After the powerful breakout last November we got all the way down into accumulation territory.
I am expecting another shoot up to the next fib levels as seen by the arrows.
btw no trading advice - just my opinion
#FCT very posibble up to 300% - 2000% gain safe entry = around 73k - 80k sats
TP 1 = 105000 sats
TP 2 = 150000 sats
TP 3 = 210000 sats
TP 4 = HODL
stop lose = 69900 sats..
NP =
at the moment it's very safety to entry this coins and my suggestion buy and HODL ,
don't sell before your selling target reached..
KEY = HODL
Factom - I nearly passed out from boredom...FCTBTC has been extremely boring for the past few weeks, bouncing around in a range between 0.00146 and 0.00184 with no decisive action up or down.
No way to tell how this will unfold - it might keep showing the same boring behaviour - but FCTBTC is starting to become one to watch again. If price moves above 0.00184 even failing to make a higher high and getting stopped off at one of the fib levels still provides substantial gains - and Poloniex has 2.5x leverage for non US-traders to make things even more interesting.
If FCTBTC takes a dive under 0.00145 it's likely that we dive down to the two support levels marked in red. These could be very interesting points to stock up if things do go south, as it is very likely that the 0.00146 level will be tested as resistance after that. I'm cautiously bullish at this moment, especially given the fact that FCT is one of the rare cryptocoins with an actual use-case out there in the world. But I'm already holding so I don't need to buy more. If price goes down I'm adding to my long position at the two zones indicated in red. All in all, I have a hunch that we'll finally have some more interesting price action to watch for Factom!
Factom expetations 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/BTC Chart looking goodFCT/BTC looks like a buy now.
We have a 21/55 MA buy cross to happen today/ tomorrow. We are still in 2 parallel channels and will see in which one it will continue. From a fundamental side, there has been an increase in protocol usage which is a good sign as well.
I would buy some upon volume confirmation.
FCT-BTC Long Trade PlanCommodity : 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.
Prospective Profit : 15% to 98%
Prospective Loss : 9%
RRR : SL to TP1 is 1.7, SL to TP2 is 3.8 , SL to TP3 is 6.6 and SL to TP4 is 10.8
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Factom ($FCT) - up to 820% PPT! Long term trade.$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 ready to flyFactom 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.
There is a possibility for the beginning of an uptrend in FCTBTCTechnical analysis:
. 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.
Trading suggestion:
. 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 Action and expect to reach short-term targets.
Beginning of entry zone (0.00160000)
Ending of entry zone (0.00118000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00250000
TP2= @ 0.00301500
TP3= @ 0.00367400
TP4= @ 0.00440000
TP5= @ 0.00501000
TP6= @ 0.00574000
TP7= @ 0.00731000
TP8= Free
FCT possible breakout incoming Factoids in the bitcoin pairing pushing up to downtrend resistance from the past month, should be a decent breakout if it can push past.
FCT-BTC Long Trade PlanFACTOM LONG TRADE
Chart is self explanatory I think.
Accumulation zone is mentioned along with Stop Loss and TP Price Points.
FACTOMThe price should make an upward run in the nearest future, if we consider the recent movement patterns.
Not a trading advice, though)
FACTOMFCT declined by 4.36%, touching levels below $10.
Somehow, it seems FCT is looking upward for the $11 goal.
According to some analysts it could reach $26.
For a month, coin went up 16.34% from $8.6 for coin.
For 100 days FCT is up 121.84% from $4.51.
FCT traded above $16 not long ago and that might be a realistic level to get back to.
Medium term channel setup Possible medium term channel forming with a target at the upper limit around .0075-.009 btc, high risk long at this level, channel needs one more test to confirm
Factom is still going down in price
After a bullish movement which brought price to near $20, now a swift is taking the price trading below $10.
$10 support was broken and now the price is meeting resistance at $10.
It might have found some stability for now trading around 10$.
