FACTOM: MILESTONE 3 REACHED & US GOV GRANT - PROFIT = 54.73% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 54.73% PROFIT!!!
The increase in price may also be explained by positive developments including:
May 2: This is the third and final milestone for the Factom Blockchain Protocol as outlined in the white paper.
It includes several protocol changes and a networking change that gives us the ability to do further upgrades on the following:
Authority Servers - No longer ran by Factom Inc. Distributed across 9 Countries.
Confirmations In Seconds Instead of Minutes - 600X improvement
More Transactions Per Second - 5X improvement.
Merkle Proofs More Accessible - Proof of Existence made easy with the factomd API.
Distributed Peer to Peer Network - Resistant to denial of service type attacks.
Graphic Control Panel For Nodes - Easily see the activities of the Factom network.
BIP 44 Wallet Support - Factoids can now be integrated into a wider range of wallets.
Robust Testing Infrastructure - New public test net and suite of testing tools.
Support For Multiple Blockchains - Bitcoin and now the Ethereum network.
Jun 18: Factom Blockchain Project Wins Grant to Protect US Border Patrol Data.
The U.S. Department of Homeland Security (DHS) has awarded a grant of $192,380 to blockchain project Factom to support beta testing of a platform aimed to secure data from Border Patrol cameras and sensors, the agency announced Friday.
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
Factomacoin
FACTOM FCP on 7500% Trajectory Long Term (LOW RISK)This is a LOW RISK trade ONLY if you hold.
Chart is self explanatory - undervalued coin
If you're a member, you have access to more details on this trade and a few short term 21X rise coins
Do not invest what you can't afford to lose. We are not your financial advisors.
FCTBTC What we expectFCTBTC Actually we look closely to find any extra signs refers to uptrend move but we couldn't
as shown in chart FCT was moving in a parallel channel since Abril 2016, then break it down in October 2017.
it was moving with low to normal volume but before breaking, it's jumped up from the lower border of the channel with high volume in mid of August, the jump made more than 100% - from 0.00375 to 0.00742-
On Dec 8 it's jumped more than 400% - form 0.001025 to 0.00438- exactly the same price range but the low price made it huge
Coincidence met our old parallel channel
SO what if it rises by Whales ?????
We expect they will never can move it up more than their peak @ 0.0073 of course after crossing the 0.382 ret. @0.00624
Thank you
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If bird perch big right shoulder, i will shut the bird Just my funny exercise analysis. Not trade signal!.
Fractal Idea for Factom shows more downside.The great thing about Crypto charts is they are fractal by nature, if you're a fan of Fractals there are no better charts than Crypto to trade your theory. Just look at Bitcoin its a Fractal traders dream with Fractals appearing almost every month. I will have a future post on this soon.
Looking at Factom we have a perfect Fractal trade coming up, lets see if markets really can be predicted with a theory this simple. Ill set aside my Elliott trading on this occasion and see what happens.
I await with interest,
Good luck traders and thanks for your interest,
Bitking
