FeatherCoin (FTC) will soar

in #bitcoin7 years ago

Feathercoin is another that is among the multiple 3rd wave coins. This will result in a violent rise. We recently got a nice injection of volume, and may be forming a golden cross EMA on the 4 hour chart.

On the one hour chart, The 1st wave impulse of larger degree 3rd wave completed a 3-5-5 flat correction before lurching into the first impulse of smaller wave 3. Note, RSI does not indicate that we are oversold, and there is a lower fib support for this one (bounced off .618 so far), but it's only a 10% difference, and since this is a subwave correction, the risk/reward ratio for the expected rise warrants an earlier buy-in, imo.

Healthy trading and profitable investments,
The Freedom to Be

Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.

If you profit from this idea and would like to keep the charts coming, wallets are below:

BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB

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