That was a significant correction in crypto. It took me by surprise, I underestimated the amount of FUD in the marketplace. But we live to fight another day, and we buy when there's despair.
FCTBTC - longer term downtrend appears to have broken. Triangles are converging, and we have a short-term wedge. All buy signals for me, and I see a breakout in the next few hours. Alts appear set for a rally before the BTC Segwit deadline Aug.1. For the record, I believe nothing of significance will occur Aug. 1, and I'm buying BTC down here as well.
Factom is a gem in the crypto world. Great dev team, low market cap (especially now) and major deals in the works. Pick some up while it's dirt cheap.
well, it crashed a little. what is about good entry point? maybe 0.0057-58?
MarkCanna
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@demonized, Not sure we retest that level, but it is possible. I think I'm going to refrain from posting any T/A until Aug.1 passes. There's too many unknowns and people aren't thinking rationally. None of my T/A had us going as low as we are. I consider anything down here a solid buying opportunity.