Get started

Factom

Factom/BTC Bullish (Up 13% last 24hrs / Mid-Level Entry Price)• Previous bullish channel (18 degree angle) has been broken pushing Factom UP to new resistance of 0.00320121 SATS in a (60 degree angle) rally. • My EW wave count shows Factom halfway through its current wave cycle. If I'm correct, it is on it's way to the (3rd) point on its current impulse rally (being that middle impulse can not be shortest by EW theory definition) - If the current (very visible) resistance is broken, we will set new targets at: • Current resistance: 0.00320121 SATS • Previous resistance: 0.00290110 SATS • EMA55: 0.00310519 SATS • RSI: 72.30 - Sideways trend along overbought ceiling • MACD: Downward Trend • TARGET #1: 0.00320121 SATS • TARGET #2: 0.00335001 SATS As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts. About Factom Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike can use Factom to document their information so that it cannot be modified, deleted or backdated. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world. Whitepaper: www.factom.com
F
by ZpaceBuddha
Factom to the New All-Time HighFactom has lost 85% since it reached an all-time high at $122, and found the support at $18. FCT/USD rejected previous support level as well as the downtrend trendline of the previously established triangle pattern. Considering the fact that buying opportunities appear once the coin has corrected around 80%, Factom could start picking up value in the near future. At the same time, support area between $18 and $12 could be retested, making Factom extremely attractive for buyers.  The upside target is seen at $130, that is confirmed by two Fibonacci retracement levels, applied corrective wave down after the triangle breakout as well as last correctional move down started back in June 2017. On the downside, only break and close below $12 support could invalidate bullish outlook.
FLong
by CryptoPAMM
4
Keep an eye on FCT for possible new bullish wave !There are several key things to note from the chart of FCT/BTC: - Recently in a downtrend and moving in a descending channel. It has tested the bottom of the channel at least twice already and now the price is lingering around the top of the channel. We can wait for breakout of this channel upwards to place the buys at the ideal conditions. - The MACD shows that the bears are losing strength and we might witness a reversal to a bullish market soon, as the MACD are about to cross upwards and go to positive. - The ADX is still in quite a positive value; and we can see how the DI (+) is creeping up on the DI (-), with a possible cross of both DIs in the upcoming days. We can set the following trade: Buy above 0.00365 Target short-term @ 0.00431 Target mid-term @ 0.0056 Sop Loss @ 0.0025 Please follow on our Telegram t.me/cryptowhaletrading and feel welcome to leave feedback or constructive criticism on my analysis!
FLong
by clopezf25
FCT-USD log chart 2017-2019Saved but not published analysis from november 2017. Since it turned to be on spot so far, decided to publish it just keep track on the price development. two parallel channels, pretty self-explanatory. Factom team said they are planning much more aggressive (cryptocurrency ecosystem) marketing approach during 2018 + many NDA contracts have been signed and are due to be announced. it would make sense for the price to test upper range of the blue channel. Less bullish scenario would be testing the lower range of the red channel, which is also possible if Factom stays quiet in this hype-driven market, like it wass since summer 2017. This is pure speculation, not a trading/investment advice.
FLong
by sto_koina
FCT is going to explodeI've been watching this coin for quite some time, consolidation after the fast rise right after absolute dip was a play book symmetrical triangle right until bitcoin crash. Yet, it retraced back to the 50% fibo at the worst point of the FUD and bounced back up perfectly. Now, there is an inverse head shoulders right inside the triangle. Accompanied with nicely consolidated RSI positions while it's still being accumulated. MACD also says bears are done for now. I expect a powerful rise, TP is at least 0.0063s. Stoploss should be around 50 fibo at 0.0033s. Good luck.
FLong
by ahmetcantasci
1
Factom - Support Levels To WatchFactom seems to start reversing to the upside against the Bitcoin as price clearly broke above the previous high at btc 0.0033 resistance. FCT/BTC went up to btc 0.0057, but then corrected back to btc 0.0024 which is actually the crossing price of the two 8/1 Gann Fan trendlines. Prior to that Factom tested the 200 Moving Average, which has been rejected on the 16th of December. Then price produced the spike lower, but it failed to close below btc 0.0031 support. While the price could be reversing in the very near future watch out for the Fibonacci support breakouts. But only break and close below 88.6% retracement level, that is btc 0.0015, could reverse the trend to the downside.
FLong
by CryptoPAMM
1
$FCT #Factom - Will be taking a long position hereI will be taking a nice long position with FCT for the following reasons: 1-Day: 1. MACD pending a large bullish twist 2. Clear uptrend in OBV (Ready for a sustainable move) 3. Upward trend in Stoch with proper alignment of moving averages 4. BOTTOMED OUT BBANDS! That squeeze is about to pop. Using other indicators to determine direction. 5. Reasonably positioned RSI. 6. Momentum shift in the squeeze oscillator. 7. Kumo breakout (official if we can close today above cloud)! 1-Hour(Signal - Entry point time frame): 1. Proper alignment of Tenkan and Kijun 2. Bullish clouds upcoming 3. Bullish twist in MACD 4. Upward trending OBV 5. Proper alignment in Stoch 6. Momentum shift in squeeze 7. Bottomed out bandwidth Looking for price to ride an upper band when the volatility strikes.
FLong
by damoredoo
Factom VS Bitcoin Still An UptrendFactom is clearly trending upwards although currently, it has entered the stage of a short to medium term consolidation. Since 1st of January, FCT/BTC continue to range between btc 0.005 and 0.0035. At the same time price broke above the downtrend trendline and for the second time it returned to the point of breakout, that is btc 0.004. Today Factom rejected the 200 Moving Average and the 2/1 Gann Fan trendline. This could suggest the uptrend continuation from this point onwards, nevertheless, consolidation could extend a little further. The upside target is seen at 127.2% Fibonacci retracement that is btc 0.006, this price level should act as a key resistance showing further intentions of the Factom.
FLong
by CryptoPAMM
7
FCTBTC: Long PotentialToday I bought a bit of Factom. This buy was on the conservative speculation of another long term breakout happening within the next 3 months. I am usually close or right on target with lots of my predictions with almost an 88% profitability rating. I hope that Factom is no exception. However, given the downward trends as well as technical potential, I would suggest around a 28.9% to 32% gain in value by mid March. I would speculate it as medium risk through the traditional investor's point of view. The collaborative technology behind is definitely a step in the right direction for emerging industries.
FLong
by gamer456148
Factom ! Coin of the Week pumped by John Mcafee @officialmcafee Factom has been the victim of John Mcafee's coin of the day/week pump and dump circus. Coins with a low market cap that can be easily manipulated seem to be the primary targets of the Mcafee's coin of the week. Algorithms that constantly scrape his twitter feed are much quicker than any person could react. Getting involved with this coin as a result of these twitter tweets is EXTREMELY risky and precarious. Do not gamble, HODL!
FLong
by GrantPeace
8
FCTBTC What we expectFCTBTC Actually we look closely to find any extra signs refers to uptrend move but we couldn't as shown in chart FCT was moving in a parallel channel since Abril 2016, then break it down in October 2017. it was moving with low to normal volume but before breaking, it's jumped up from the lower border of the channel with high volume in mid of August, the jump made more than 100% - from 0.00375 to 0.00742- On Dec 8 it's jumped more than 400% - form 0.001025 to 0.00438- exactly the same price range but the low price made it huge Coincidence met our old parallel channel SO what if it rises by Whales ????? We expect they will never can move it up more than their peak @ 0.0073 of course after crossing the 0.382 ret. @0.00624 Thank you ----------------------------------------------- Do not read and leave .... Like, Comment and Follow ,,,, its' so easy :)
F
by AnaKingKong