FACTOM (FCT): The Correction is Following Bitcoin

in #factom7 years ago

SUMMARY

Factom (FCT) could technnically have put in a bottom but to me, it's too quick. The Altcoins are rarely so fast in correcting. Especially given the extended 5th wave (blue 5). I believe the a,b,c might not be done but clearly much of it depends on Bitcoin's pathway. If BTC sets up for one more lower low, then the current bounce likely would not complete a full impulse. That would be the alternate pathway.

One reason for such slow corrections can be summarized by a friend's remark that often people lose their minds en masse and regains it one by one. The euphoria or fear can cause a temporary loss of minds and regain is a slow process.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Hello @haejin
Good opinion I think it is useful for all steamians.
Thanks for sharing this to us.
Keep it up please.
Visit my posts i hope you like it...

Original view on EW analysis... Fundamentally FCT is a very strong token with a very tight supply + a pile of well-established business ready to use its technology. Best way of profiting from it - just buy and HODL it for next 3 years. Less trading = more profits!

First...Yehaw...and also forget about this reward pool rape guy!

I have vote, restem and follow. Introduce, I am Paknyak Nyaklah (@abda) I am a newcomer in steemit, I need help and guidance of my friends in steemit so I can know many things related to steemit.

Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 357 and the total pending payments to posts in this category was $12293.52. To see the full list of highest paid posts across all accounts categories, click here.

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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 297.05 SBD, based on the pending payout at the time the data was extracted.

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Hello Haejin :) Advertise your crypto and blockchain product, service or this media channel on https://cryptopiece.com/

@haejin doesn't love or care about any of you. Just look at his recent voting history here

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Haejin doesn't understand how steem/steemit works let alone any crypto. Haejin knows nothing, so stop supporting him until he stops abusing the system.

Fuck off parasite troll.

Is that a nerve? Believe it or not, my posts aren't actually all troll posts. I mean my 2 TA's are but the rest truly aren't

He upvoted me. it was nice.

sir what about your litecoin TA, Bitcoin TA , they going opposite according to your analysis.
at the moment @salahuddin2004 preditcions are going right
matt expert also doing good analysis , but you only know limited chart pattern only waves

Its very rare that he upvotes others. It doesn't change my argument at the point that in the past 100 days Haejin's outgoing votes were ~59% for himself.

Is BTS undergoing a Rising Wedge > target bottom? @haejin Screen Shot 2018-01-21 at 00.35.35.png]()

Please follow me :) thanks