FCTBTC
Factom short term channel setup If the channel passes the next test a jump to .005-.006 range likely, strong support/resistance historically around .0042
Factom bull run pattern analysis Bullish belt hold kicked off the rally and long legged doji marks consolidation on the weekly. If the pattern stays mirrored expect another bullish belt hold after break out of the consolidation zone and then some successive high waves in a consolidation zone after mark up.
FCT/BTCFactom is one of the altcoins outperforming despite bearish market conditions.
Momentum is strongly on the side of buyers with both the RSI and MACD continuing to increase.
Overall movement is up.
FCTBTC - potential bearish CypherAs charted, FCT could perform bearish Cypher.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
FCT Few Days Left to Breakout $FCT is getting closer towards the end of the falling wedge. Potential 7X all the way towards 200EMA if it drops, hits support line and bounce from there. It would be fun to watch.
FCT/BTC Wave 1 Complete (5% Short Potential)It appears we are finishing up 5 waves up ending in 5th wave diagonal.
MACD Is bearishly diverging
RSI is showing a large loss of strength, signaling we have reached the current top.
Volume is diminishing.
Entered short at .00755, Targeting .382 fib retracement
FCT Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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FCT/BTC - LONG OR SHORT When we look at the chart; i thought we'll see double bottom !! If FTC will get good support and volume around 67k, with doublle bottom pattern it want to go to around 79k ! But if it will not take some volume around 67k it will try to get support around 62k with make a doublle bottom !
Also ; The triangle will end at 2 or 3 days later !
We gonna see what happens :)
Good luck guys ! And save your money ;)
FCTBTC Cup&Handle will help to breakout from Descending wedgeFactom is in the Descending wedge and can breakout of it upper edge in the near future.
The current price range looks like a solid support, which in the past has been a good reflection of the market decline and has become a turning area for building the recent wave of growth.
At this moment, indicators and trend analysis of the 1-hour timeframe chart suggest that Cup&Handle which is supported by Ichimoku clouds will help to break out of the descending wedge which can be seen on the 1-day timeframe chart. This will start a new wave of growth
If the price drops below 0.00088, then the development of a positive scenario for this asset may take much longer time and you should follow our updates.
Factom/Bitcoin (FCT/BTC) LongThe information is presented on the chart :D
Also forgot to mention you can also take profits on the white boxes which are presented as resistance for now.
FACTOM: MILESTONE 3 REACHED & US GOV GRANT - PROFIT = 54.73% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 54.73% PROFIT!!!
The increase in price may also be explained by positive developments including:
May 2: This is the third and final milestone for the Factom Blockchain Protocol as outlined in the white paper.
It includes several protocol changes and a networking change that gives us the ability to do further upgrades on the following:
Authority Servers - No longer ran by Factom Inc. Distributed across 9 Countries.
Confirmations In Seconds Instead of Minutes - 600X improvement
More Transactions Per Second - 5X improvement.
Merkle Proofs More Accessible - Proof of Existence made easy with the factomd API.
Distributed Peer to Peer Network - Resistant to denial of service type attacks.
Graphic Control Panel For Nodes - Easily see the activities of the Factom network.
BIP 44 Wallet Support - Factoids can now be integrated into a wider range of wallets.
Robust Testing Infrastructure - New public test net and suite of testing tools.
Support For Multiple Blockchains - Bitcoin and now the Ethereum network.
Jun 18: Factom Blockchain Project Wins Grant to Protect US Border Patrol Data.
The U.S. Department of Homeland Security (DHS) has awarded a grant of $192,380 to blockchain project Factom to support beta testing of a platform aimed to secure data from Border Patrol cameras and sensors, the agency announced Friday.
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
FCT buy zoneFactom has a strong historic buy zone and sell zone. If circle can bring back some of POLONIEX's volume for the next bull run (whenever that will be) $FCT can be margin traded
FACTOM looking to buy for a longer term playBids at the bottom of uptrend. Will also play the breakout of current downtrend.
Small position at this level and looking to increase position size on one of the above outcomes.
Factom VS Bitcoin Breaking AboveFactom continues to rejected the uptrend trendline and today FCT/BTC finally broke and closed above the downtrend trendline which suggests the beginning of a correctional wave up or a trend reversal.
The upside move could be either strong a weak depending how price will react on the fist strong resistance at BTC 0.0038. If it will be broken with confidence the next wave up should result in a growth towards BTC 0.0055 are, which is the key resistance.
Although it is unlikely for the Factom to continue the downtrend, the worst case scenario could be the move down towards BTC 0.0025 support.
Factom, getting long, staying long thought id share this chart, when i stack the circles based on the "birth" of a big move, then use arcs to predict a future move at an intersection, ive seen accuracy for huge moves in bts last june and the most recent one was stellars all time high. this points to a date around the 28th, feb and march 1st or 2nd. only 8 million tokens in circulation, this could get interesting.
FCTBTC Showing Signs of Strength!Lot of support being shown over the last 10 days on this new upward trendline that seems to have formed starting on 2/21. Also notice the strength in MACD and Accum/Dist. FCT to the moon!
