#Factom Dual Daily Chart - Bullish trend incoming #FCT #BTC #USDLet's see if I'm right on this call for the upcoming days...
FCT
$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.
FCT BCTHere is the chart I mentioned in the previous post. You can see the support resistance lines but the uptrend is obviously not the same unsustainable trend as in the FCT USD chart do to the bounce back in BTC value.
FCTBeen seeing a lot of posts lately about this coin so thought I'd put together a quick chart. The upwards trending blue line is unsustainable in my opinion so I think we will break down soon. I expect this line to flatten out quite a bit; remember i use the blue trend lines to indicate trends that will pivot. The orange lines are your resistance/support lines. The more times you see the coin bounce of of the resistance/support line the stronger it becomes. If it is acting as support and the coin drops below, then is becomes a resistance line. The more volume on each touch, the more decisive the test of the resistance line is. This chart is against USD so I'll try to put one together against btc since most seem to trade this pair.
Weekly bull div into retest of ATH for fct?drawing the div that way because RSI goes off of closes and disregards wicks
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.
FCT/BTC Symmetrical Trianlge, Trade entry and exit.I see a symmetrical triangle forming on the 4h, usually consolidation patterns for me are the best ones to buy when there is a trend forming in a bullish coin.
Coin: Factom
Entry: 0.0035 - 0.00435
Target: 0.008 - 0.012 (100% profit) Anywhere above use stop loss.
Stop: 0.00315 - 0.0031
Because the whole market is resuming bullish i expect this trend to hold, if not the stop loss will cut it short. I also expect the upward movement to increase in the long term so hodling is a option to.
FCT in the bullish zone!Its seems like FCT is forming nice ascending triangle and is about to breakout.
Look for close above the triangle with high volume
1st Target Price will be 507544
FCT/BTC Ascending Triangle IdeaNice little ascending triangle playing out on the hourly for FCT/BTC. Could have some nice gains on this trade.
FACTOM - Accumulation is obviousThis is a low volume coin being accumulated. You may want to start buying some on spot (dont margin, too risky). Should see a very nice pump. Working product, in use at organisations today. New explorer released.
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
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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.
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
In fact good opportunity to buy now for some monthsTo monitor the bounce on the resistance breakout approx 0.00274
We are probably at the end of the long parabolic consolidation.
If you are patient you can hope 400% (the full retracement), in about 3 months.
The advantage is that it has not been in since the resumption of the season of altcoins
FACTOM fast 50% opportunityNow boost Your margins with opportunities. Factom is about to end shaking weak hands, prepare for quick projection to 0,00426 (based on fibbonaci) or 0,0032 (based on double bottom pattern).
If You have any questions feel free to ask, perhaps You would like to acquire my view on Your favourite coin, all these for free.
FCTBTCWorth watching. Especially take a look at downtrend line. If breaks above we could see 0.0033 easily.
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%
