SUMMARY
Trend fractals are at time just as effective in aiding the projection of future price pathways. Factom (FCT) completed a double saucer pattern that propelled it to all time new highs in a vertical fashion. With the correction now having placed the wxyxz waves; could the double saucering repeat?
If the rally occurs now in five waves; the first rise won't enable an all time high scenario; but the second as shown by the blue arrow line could. Therefore, a double saucer or even a combination of a saucer and a downward wedge pattern could propel prices to higher highs. However, given that a coin usually sticks with its favorite pattern, the likelihood for the saucer pattern trumps that of a wedge.
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