Factom in uptrend; Ichimoku basic analysis
Greeting traders,
Factom is again displaying some bullish signal on the long term.
i'll try and go around the signal provided by a Ichimoky analysis.
1- KS crossing TS with volume is a bullish signal
2- chikouspan is very much equal, it can go both way from here. Confirmation is due
3- In case of a breakout, 710k+ will broke the first resistance. The cloud looks heavy and who know what can happens in those hazardous cloud. Don't forget to set your tp.
4- Don't forget that BTC is always creeping nearby and could unleash a pump and destabilize alt(Btc ratio) in the process.
Best of luck, and safe trading!
Factom is again displaying some bullish signal on the long term.
i'll try and go around the signal provided by a Ichimoky analysis.
1- KS crossing TS with volume is a bullish signal
2- chikouspan is very much equal, it can go both way from here. Confirmation is due
3- In case of a breakout, 710k+ will broke the first resistance. The cloud looks heavy and who know what can happens in those hazardous cloud. Don't forget to set your tp.
4- Don't forget that BTC is always creeping nearby and could unleash a pump and destabilize alt(Btc ratio) in the process.
Best of luck, and safe trading!
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