Hi All,
Quickly wanted to share my analysis on Factom trading with the symbol of FCT.
550,000 Satoshi looks like a breakout point, if it goes past that I'm buying and putting a stop at 30% closer the the highest price.
In the image below I drew a rectangle indicating that it hasnt hit the very low closing price and it has been trading in the blue area (rectangle). Also the Bollinger bands from the 2 hour chart indicates that the price is trying to shoot up. Let me know what your thoughts are. Would love to hear everyone's opinion. Keep an eye on the volume.
