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RE: Crypto Of The Day: Factom

in #factom8 years ago

no particular date :)

I'm using Ichimoku, which says FCT has to break some mid-term resistance levels (the nearest one is around 0.0044) to go further.

So, speaking about the target date, takeout the September 12th peak can take about 2 - 3 weeks, but I would wait for the definite breakout signals from Ichimoku on the daily charts.

The current long-term support is about 0.0039, so the week of trading below it would mean the continuation of the downtrend.

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I see what you are looking at. In the daily chart we have the ichimoku cloud starting at 0.0044.