Factom (FCT) Breaks Out, Rising On Trend

in #factom7 years ago (edited)

Factom has broken out above the resistance trend line, and it seems to have strong support along the 61.8% Fibonacci line.

factom-trend-july-5.PNG

I would consider this a relatively short-term buy and stick with it for as long as it remains in the channel between the green trend lines, or longer if it breaks outside the channel upward. If the market is bullish, it could pass 0.0145 BTC in a few weeks. Optimum entry would be just below 960,000 sat.

factom-channel.PNG

Vote, comment, and resteem if you'd like me to keep you updated on the latest cryptocurrency buying opportunities. Follow me @jarexx.

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I Have heard about the factom before ....thanks for the information

Yeah, I believe it's one of the better looking cryptocurrencies with some long-term potential, too.

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