Downloading...
Download

Factom

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.
FLong
by MasterAnanda
2
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)
FLong
by fenryr32
1
Factom - I nearly passed out from boredom...FCTBTC has been extremely boring for the past few weeks, bouncing around in a range between 0.00146 and 0.00184 with no decisive action up or down. No way to tell how this will unfold - it might keep showing the same boring behaviour - but FCTBTC is starting to become one to watch again. If price moves above 0.00184 even failing to make a higher high and getting stopped off at one of the fib levels still provides substantial gains - and Poloniex has 2.5x leverage for non US-traders to make things even more interesting. If FCTBTC takes a dive under 0.00145 it's likely that we dive down to the two support levels marked in red. These could be very interesting points to stock up if things do go south, as it is very likely that the 0.00146 level will be tested as resistance after that. I'm cautiously bullish at this moment, especially given the fact that FCT is one of the rare cryptocoins with an actual use-case out there in the world. But I'm already holding so I don't need to buy more. If price goes down I'm adding to my long position at the two zones indicated in red. All in all, I have a hunch that we'll finally have some more interesting price action to watch for Factom!
FLong
by thomasvandenabeele
5
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)
FLong
by CryptoTherapist
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
FLong
by ForecastCity