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FCT

Bitcoin | Psychological Barrier | $1200 | Conflict of Interest |Bitcoin in the past few days has corrected itself from a low of 900$ to 1200$ . Bitcoin is right now testing the resistance and the psychological barrier . But the thing is right now Bitcoin is in deep water and trouble with the debate about scaling of bitcoin going on where mining giants like Bitmain , AntPool , F2POOL are stopping segwit due to their own ulterior motives . Mining Manufacturer are Blocking SegWit to Benefit from ASICBOOST and to have an edge over other mining giants such as bitfury . Right now the price of bitcoin does not reflect what is going down in the ecosystem which is being corrupted by ego and money . Keeping everything in mind , Bitcoin should go down from here and correct due to the fact that breaking the psychological barrier would need bull news and solution to conflict of interest
BITFINEX:BTCUSD
by marketcyclescrypto
9
Factom's Giant PennantFactom/FCT looks like it's coming to the end of a long consolidation and is nearing a breakout. If this breaks to the upside we could see a major price movement comparable to recent breakouts like Monero/XMR and DASH. Much of what happens next depends on Bitcoin, but I expect possibly a short-term sell-off to the ~300k satoshi area to retest new structure support and shake off daily RSI bear div. The recent DASH breakout saw price hit the 4.236 extension, and I don't think it is out of the question for FCT to do the same, which would be ~3.3 million satoshi price. Other extensions are: 1.618/1.3 million sats, 2.618/2 million sats, and 3.618/2.8 million sats. Edit: Ignore the RSI nonsense, I left it in accidentally.
FLong
by DrGonzo87
fct and maidSomeone mentioned the price/usd for these on twitter some time ago, cant remember who it was. Decided to chart it as they didnt publicize. Anyway, looks pretty good, play the breakout, Im guessing here well break up for a r/r of ~8x+, maybe less depending if these both go up and where you take profit. Alt season has so far seen the high caps go to imo "crazy" levels, though the bitcoin news is pretty hard core, so maybe the price action is legit... i dont buy it. Years ago with ppc, dash, uro, rzr, who knows what else, crypty, mintal, and all the craziness. Just cause we have a new exchange polo its all the same, pump and dump. Who knows, do your own research and trade with stops and your own ideas.
FLong
by Noobincrypt
Cryptoccurency Factom/Bitcoin long pos. after perfect reboundThis fairly new market has its own psychology of trading. I found that many times crypto crowd follows simple technical formations. We can see here very nice double bottom with Doji candle, plus square number which it seems that is respected by crypto community. 0.0020000 was respected twice within the 3 months. I assume that this pair will go up and it will soon reach last highest high which is around 0.00620000. I would also set up buy order around 0.0025000 which could give quite nice risk reward ratio.
FLong
by Krystiannwk
1
Factom - Potential Impending 3mth Breakout on WeeklyLooking to see if this pattern plays out again when Bitcoin cools off. After the big dump, $BTC recovered into the low 8's for a bit for a few days of (positive) sideways action before rallying from 831-912 the last day and a half. PBOC announcement and subsequent calming of fears was possibly a fundamental cause for slower action(?) and Coinbase announcement (received license to operate from state of NY) may have been a contributing factor to recent positive move (probably minor, if at all?). $FCT went down slightly due to the rally, but held strong in price. Questions: a. Does $BTC volatility contribute to stalling possible breakout for $FCT? b. Might $FCT breakout against positive movement anyway? c. Might another heavy correction come soon for $BTC that could propel movement in alts (hopefully $FCT)? d. $FCT has been disabled on Poloniex for a bit now because of M2 testnet integration...often, coins pump when re-enabled - maybe for $FCT? More to come...need to check out news, see if anything fundamental lines up on the horizon for FCT. "Prediction" based solely on chart...1-2 week crawl/possible downward action to .0032 before a 4 week rally to .0070+. DISCLAIMER: Trying to teach myself how to create/read charts and make sensible predictions - please go easy on me! ;) That being said, any advice/information/corrections that you can provide would be greatly appreciated. Lastly, (it should be obvious, but...) please do not make trades based on my ideas! Thanks for looking.
FLong
by BCRobin