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.
FCTBTC
FCT/BTC trend reversal (300% to 1000% gains possible)+ RSI bullish divergnece
+ MACD bullish divergence
+ Volume is climbing up + some recent price movements with volume spikes.
+ Price did break falling wedge long term resistance.
+ Last few weeks altcoins are going crazy, but this one is still consolidating.
GL & HF ;)
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.
FCT/BTC if you want 6x of your investment here is a way for youTake a deep look into this chart, you'll see what I mean of how to get 6x from your investment in FCT/BTC.
Buy at .00036
Sell at .0024 at least
Thank me later.
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 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)
FCTBTCFCT looking ready to pump. It has bottomed out on my Daily fib and looks like its made a nice impulse move up on the 1hr and 4hr, that means I look for signs in that move upward in order to accurately place our 1hr fib. Looks to me that most of the conditions i like have been met, so Im looking to get in on this 1hr fib. My plan is get in at the green (25% line) and take profits at the first golden line (50%) and then get out of 90% of the trade at the 100% (golden line), holding only 10% in case it blows up. FCT COULD MAKE ONE MORE MOVE DOWN, in my opinion, so watch for that and then just move your fib leg down and enter positions accordingly. NOT FINANCIAL ADVICE, TRADE SAFE.
A Dance of DragonsSee my attached idea from 2 years ago outlining the fundamental reason for Factom being the best buy at the time.
Since then there has been an extra two years of development, significant funding, and most importantly the company has begun on boarding real world customers - - it's not vapourware like every other shit alt.
Technically, the bottom clearly came late last year, and after the spike in December it has now retraced perfectly to the buy zone. This is a good bet.
No stop loss. Let it run. Patience. This is one of maybe 3 'blockchain' companies that isn't shit.
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
HQ Setup for #FactomHi friends! Welcome to Poop's wave count analysis on $FCT.
If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle.
The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2 and looking to reach wave 3. We just had a perfect bounce at .786 Fib level which has a confluence with a horizontal support and the 200 day moving average. A bullish divergence and a buy signal backs this analysis.
Targets:
T1- .0025/ 40%
T2- .0032/ 80%
T3- .0042/ 130%
T4- .0050/ 180%
T5- .0070/ 300%
Note: T1 is our First Trouble Area (FTA). It would be nice if we can book some profits here.
T4 and T5 is not a valid target if we fail to break above T3 which is a significant resistance.
That's it friends, I looking forward for your comments on this analysis.
Enjoy the gains!
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
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
