Well as said on the previous chart analysis, Factom was on a hype for 3 days, the forth (today) was a cool off, got back to channel level dropping to 368k satoshi again, price still will be in a MAJOR bullish pattern, here we analyzed the possibilities, some say that it will try 500k, in my opinion 500k will be too little, Factom will be trying 530k 550k...
Here we have an analysis of FCT, since they published the most recent news regarding smart contract a lot of value has been added to the coin, in my perspective this is going to be one of the few coins that in the future haves an incredible potential. Hold on to it and I strongly suggest u start selling aproaching the 400k level +/- 20k satoshis. High will be...
Like many alts, they seem to have bottomed for an upward correction, helped by btcs recent downward move. I have just few FCT now but I think it will move to at least the 38, if not the 50/68 lines from the previous high. I may be wrong do your own analysis.
I have not properly researched this crypto yet. I will do so while I wait :)
Once we see a confirmed breakout I guess we see some form of a correction up towards 0.00300 We need to see confirmation of the break of this bull flag first.
FCT retrace to +0.618 deviation range from median line accompanied with a rising RSI trend and OBV.