Panjang
HQ Setup for #Factom
Hi friends! Welcome to Poop's wave count analysis on $FCT.
If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle.
The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2 and looking to reach wave 3. We just had a perfect bounce at .786 Fib level which has a confluence with a horizontal support and the 200 day moving average. A bullish divergence and a buy signal backs this analysis.
Targets:
T1- .0025/ 40%
T2- .0032/ 80%
T3- .0042/ 130%
T4- .0050/ 180%
T5- .0070/ 300%
Note: T1 is our First Trouble Area (FTA). It would be nice if we can book some profits here.
T4 and T5 is not a valid target if we fail to break above T3 which is a significant resistance.
That's it friends, I looking forward for your comments on this analysis.
Enjoy the gains!
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle.
The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2 and looking to reach wave 3. We just had a perfect bounce at .786 Fib level which has a confluence with a horizontal support and the 200 day moving average. A bullish divergence and a buy signal backs this analysis.
Targets:
T1- .0025/ 40%
T2- .0032/ 80%
T3- .0042/ 130%
T4- .0050/ 180%
T5- .0070/ 300%
Note: T1 is our First Trouble Area (FTA). It would be nice if we can book some profits here.
T4 and T5 is not a valid target if we fail to break above T3 which is a significant resistance.
That's it friends, I looking forward for your comments on this analysis.
Enjoy the gains!
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
Nota
First Target reached. Road to Second Target 
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.