MasterOfCoinage

Trading Idea for CFI + Market Cycle & Trend Pivot Analysis

Long
BITTREX:CFIBTC   None
Launched in July 2017, the $CFI token entered the marketplace during a very challenging period for Altcoins and had essentially spent the second half of 2017 in a down-trend.

With the recent "Awakening" in the Altcoin markets, today $CFI had finally broke out towards a new higher high and has confirmed a trend reversal. I expect the value of the $CFI to rise against $BTC over the coming weeks.

As a platform for new blockchain applications, one of the added fundamental benefits for $CFI is that new projects have been and are consistently being launched through their platform.

From an investment perspective, the fact that it sits outside of the Top-150 tokens in terms of overall Market Capitalisation means that there is a lot of upside potential.

For more information on CofoundIt:
cofound.it

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.