Factom (FCT/BTC) Long Term Looks very Bearish.Anyone who has an interest in Factom, FCT/BTC, This may give you a long term outlook.
FCTBTC
Factom/BTCBTC will correct after strong rising impulse, so FCT/BTC will be rise. Wait for breakout ressistance line for confirm long position.
Factom/Bitcoin Ascending Triangle.Ascending triangle pattern with breakout and test of structure. If the triangle is re-entered and breaks lower, the trade will be invalidated.
Factom: chance to enter the bullish trendPair recently tested psychological round number which is 5k. I marked with three orange ticks something similar to triple bottom. I believe that after third attempt has been rejected by market there is good chance that pair will continue bullish trend and will try to reach another significant level which is 0.007400.
factom may have topped factom may have topped here, there could be more upside, in fact the longer term trend, going into fall 2018, has a top forecasted for .025 area, so over the long term, factom looks solid, but there may be better entry for longer term long position.
FCTBTC -8 milion coin Info
FCTBTC
8,753,219 coin
Circulating Supply
8,753,219 FCT
$6.98 (13.21%)
0.00574097 BTC (
Market Cap
$61,079,262
50,252 BTC
coinmarketcap.com
Prepare for the "Big One". It's finally here.Factom has had solid fundamentals for quite some time, but has been constrained by its technical structure.
When the 1D closes outside of the trendline, .0043ish should serve as an excellent RR entry, assuming it will retest the trendline before taking off.
I'm expecting at least 2x potential. As we have seen in the past, when factom moves, it moves quickly.
Factom - Cup & Handle Idea (transferring from old acct)Just transferring some of my ideas from my old biggullycoin account. New stuff soon
Factom Bull Mode within the next 3 months?We are getting close to the end of this huge penant. Breaking it could make Factom go on bull mode and make a parabolic move, potentially going after new highs, kinda like what XMR, DASH and ETH just did now. So will be watching this one. I hold no FCT atm. Will try to see if i can snatch some on that buy zone, otherwise will get in on the breakout.
LONG Call with above cloud. Some nice opportunities between CDENice LONG setup here. Expecting a small pullback to the green support line signalled by Stoch and soon RSI , although looking at past patterns in FCT this could well shoot up before that.
There is space here to make some profits as we climb to D with a sell and re-buy at E.
Stop-loss could be just under the green line drawn however this could be a bit tight and the lower red support line would work better.
HUC looks ready for a moonshot, BULLISH!HUC is trading on poloniex, HUC developers are releasing a new ICO this week, HUC holders will recieve 5% of the total supply of the new ICO, just by buying HUC. so that should bring some serious buy pressure on HUC , specially as the new coin is likely to be on poloniex according to HUC twitter
twitter.com
also HUC buy signal showed recently on turtle btc bot, so buy and HOLD!
FACTOM Short Term Cup & Handle - up to Top of TriangleThis is a short term update to my previous post about a long term Cup & Handle.
There was a nice spike yesterday, and it now looks like that Bullish Pennant that formed is turning into another handle.
Going by the book, it should take us above the trendline that forms the top of the long-term triangle, but since it's so close I'm going to assume it'll stop there. So my target is still 0.005
But keep an eye out - if it breaks upward out of the triangle significantly with volume and stays above, could be a big move up! 0.0057ish would be confirmation of that for me personally.
Here's the long-term triangle on the daily chart:
