Long
Updated

factom - bear market should be over

918
uptrend has formed, moving averages crossing bullish

factom company actually rated at $30 million while factoids market cap is $16 million

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weekly is forming a nice hammer

snapshot
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here we go :-)
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Looking for consolidation sideways or little correction.
Booking partial profits.

snapshot
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possible pattern for consolidation

snapshot
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buying back in this dip, seems like good risk reward
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factom going up again, target is still the upper channel line which is at 0.0073 right now.
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market cap of factoids are now ranging $28-30m which is exactly how factom the company was rated in the current series a
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Tim Draper says: “Governments also need better security from hackers, and the Blockchain avails them of better security than they currently have. I believe that the Factom team has the opportunity and the potential to build a company greater than Oracle and Palantir and IBM combined.”

cointelegraph.com/news/this-blockchain-startup-can-become-greater-than-ibm-oracle-and-palantir-combined

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