Quote from: owaisted on October 04, 2016, 12:38:02 PM

Great initiative. As for someone new, can you share greater light on your technical analysis. And if possible, send the noob in direction towards better TA. What I am asking is how can I learn TA for my self. I have tried youtube but the information is so scattered.

My advice would be to dive in and actually trade with real money and in a live setting. Since you have already watched videos and I assume have read some books then the next step is to learn through experience. Why not start from a small amount and start trading with that. You'll soon find out that actual trading is different from looking at the markets.

Now onward to Factom...

FCT/BTC: A Dead Cat Bounce?

So I just read the news on Coindesk that Factom got 4.2 million USD in series A funding that was lead by none other than Tim Draper: http://www.coindesk.com/factom-blockchain-series-a-4-2-million/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

So the FCT market got crazy and there's buying everywhere giving the shorts a little cringe on why this is happening now. But the real question is, "Is this a dead cat bounce or is it the start of a reversal?" In my experience this usually means a DCB. These movements are normal in trading markets and nothing ever traded in an exchange goes down or up in a straight line. FCT still is ok for now if you are shorting it but always keep in mind to protect yourself and set a stop loss and be ready to cover you shorts.