I'm using Ichimoku, which says FCT has to break some mid-term resistance levels (the nearest one is around 0.0044) to go further.
So, speaking about the target date, takeout the September 12th peak can take about 2 - 3 weeks, but I would wait for the definite breakout signals from Ichimoku on the daily charts.
The current long-term support is about 0.0039, so the week of trading below it would mean the continuation of the downtrend.
but not so fast :)
What is your target date?
no particular date :)
I'm using Ichimoku, which says FCT has to break some mid-term resistance levels (the nearest one is around 0.0044) to go further.
So, speaking about the target date, takeout the September 12th peak can take about 2 - 3 weeks, but I would wait for the definite breakout signals from Ichimoku on the daily charts.
The current long-term support is about 0.0039, so the week of trading below it would mean the continuation of the downtrend.
I see what you are looking at. In the daily chart we have the ichimoku cloud starting at 0.0044.