Factom - really steep uptrend slope (Fast profit?)Factom broke out of a downtrend and started a very steep slope uptrend, meaning it should increase in price really fast as long as the trend is holding.
Watch out for the trendline breaking down!! sell loss!!
Good luck and happy new years.
Factom
FCT-BTCFCT was moving quite well in the past few days ... i guess it's gonna reach 0.005 soon if it breaks it then it will fly to 0.0061 , if not it will bounce back to the 0.004 levels s
if you had anything to add please comment
happy trading
Factom FCT: ML Hit Now Looking for ExpansionFactom FCT has hit the Median Line (1st target). Now it's just trading around it waiting for the next decision. This looks like the beginning of a new growth phase in a market. I'm looking expansion to the UMH (Upper Median Parallel) and from there perhaps even multiple warning lines as new fresh volumes enters this market. The two arrows indicate successful tests of the Pitchfork and validate the frequency that is in play. Also, they have a fantastic business model. Huge fan of FCT here
Factom breaking out from downtrendBITTREX:FCTBTC is now breaking out from its extended downtrend that has been containing the price vs BITSTAMP:BTCUSD since July 2017.
Disclosure: I do not have a position in BITTREX:FCTBTC
$FACTOM $BTC In Accumulation ZoneOnce again this is just me recording my learning process and should not be considered trading advice.
CoinLoop AI Signal: Coin: Factom FCT - BUYAI Signal FCT
Indicator: Price at all time low support level. Market sentiment high.
Signal: Likelihood of price increase: 85%
#FCT #Factom patterns updated in more detailed viewThis is not an advise or prediction, it just shows the patterns up untill now and as it seem it will soon break
Factom/Bitcoin Bullish GartleyHi guys! Over the next few weeks we are going to be looking more in-depth at using harmonic patterns across different alt-coins against bitcoin. After carrying out research we found that harmonic patterns can be very powerful and consistent in this developing market. In this example I am looking at Factom against Bitcoin. Price is at the lower end of the market cycle and at a key level of support. This trade will be executed just like any other, with a TP1 level at 38.2% and TP2 at 61.8%.
I have also thrown in some bullish divergence for those who have mentioned they like the second opinion before taking an entry to a pattern.
Gartley Ratios
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
X-D: 0.786
Factom looking to break a 6 month long correctionThis correction has been long and painful for many who bought Factom earlier on. The good news it that Factom might be ending it's descent within the next week. As you can see on the chart, the descending wedge is about to reach its point. If all goes according to fib rules, we can expect an impulse wave between .006 and .009 (that's 300-450% returns!)
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Disclaimer: This should not be taken as advice, as I am not an advisor. Please do your own research and use this chart for comparison.
$FCT next targetHead and shoulders formation spotted on 1D timeframe. Possible targets/entry levels 1 and 2 on chart.
Factom getting ready for a takeoff in the near future?I am an novice, so I am more looking for feedback than anything else :)
- Volume is not sexy yet
- FCT/BTC price bear trend might come to an end?
- FCT/$, after some accumulation it might breakout here
Factom Bullish BreakoutFactom has broken the down trend line. RSI is moving up and MACD has crossed over. Volume is also increasing.
Target .0037 - 0.0047
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
FCTBTC looking like a short for tomorrow and a long for the weekJust gonna continue off my old chart sorry if it's getting a bit cluttered.
If this chart turns you a nice profit, please consider dogenating to the "PoloVita gets to keep living indoors" fund. It's a good cause.
Doge address: DM2whCvsuM4Lw6xnJnuLumNsLF1jboF4WU
Btc address: 1G7wcbpMGhqSZzyyurCFZ1io3QNp51zvL1
FCTBTC hourly bull gartLooks like it should be a pretty simple and straightforward day trade
If this chart turns you a nice profit, please consider dogenating to the "PoloVita gets to keep living indoors" fund. It's a good cause.
Doge address: DM2whCvsuM4Lw6xnJnuLumNsLF1jboF4WU
BTC address: 1G7wcbpMGhqSZzyyurCFZ1io3QNp51zvL1
FCT: End of the downtrend?Factom is showing signs of potential reversal. Now there are two setup in this trade. The first being an ABCD trade followed by a retracement back to the 61.8 fibs level. This will give us an inverted head and shoulder. If this happens, it will further establish a bullish view for factom in the coming days. What are your thoughts?
Trade with care.
Video Analysis: youtu.be
