Long

$FCT #Factom - Will be taking a long position here

I will be taking a nice long position with FCT for the following reasons:

1-Day:

1. MACD pending a large bullish twist
2. Clear uptrend in OBV (Ready for a sustainable move)
3. Upward trend in Stoch with proper alignment of moving averages
4. BOTTOMED OUT BBANDS! That squeeze is about to pop. Using other indicators to determine direction.
5. Reasonably positioned RSI.
6. Momentum shift in the squeeze oscillator.
7. Kumo breakout (official if we can close today above cloud)!

1-Hour(Signal - Entry point time frame):

snapshot

1. Proper alignment of Tenkan and Kijun
2. Bullish clouds upcoming
3. Bullish twist in MACD
4. Upward trending OBV
5. Proper alignment in Stoch
6. Momentum shift in squeeze
7. Bottomed out bandwidth

Looking for price to ride an upper band when the volatility strikes.
Chart PatternsfactomFCTFCTBTCTrend Analysis

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