Factom Technical Analysis for 03/13/2016 – 0.0063 Turns Into Major Pivot Level
March 13, 2016
Factom, Market Analysis

In my prior Factom technical article on the 9th of March, I said that if the exchange rate retraced back up to 0.0073, this level was very likely to turn into resistance. Later on that day, price retraced to 0.0073 and sold-off almost immediately. Since the 9th, the 0.0063 price level has become a very important technical area. This level acted as resistance three times between the 9th & 10th. …
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