Since the beginning of the month, Cofound.it lost to Bitcoin 30%, while it moved from 675 satoshis high, down to the 470 satoshis low. When it approached the low, CFI/BTC rejected the 127.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout.
Price went up and bounced off the 590 satoshis resistance, that has...
Cofound.it downtrend seems to be still intact as price continues to produce lower lows and lower highs. After finding the recent high at 675 satoshis, CFI/BTC price fell down and broke the 50 Moving Average and the uptrend trendline suggesting the continuation of the downtrend.
Today price produced a new lower low, and while the downtrend is expected, small...
The crypto pair will increase further if the rate will make a valid breakout above the 0.00000711 resistance. It could be attracted by the median line (ml) if it stays within the ascending pitchfork's body.
i really like CFI/BTC chart, on the first look you can easily say that its bullish creating a round bottom,
plus its also below the ico price and active team so far,, for me this coin can give 100% to 200% profit if hold for long term,
current price now is 950 satoshi,
Huge falling wedge observed on CFIBTC, product of a consolidation/accumulation, which is confirmed by the steadily decrease in volume.
Price sitting at strong support.
Stoch RSI turning bullish.
CFI looks good in Medium to Long term. Short term we believe it will still come down a bit before doing a quick reversal. if you're a member of ours, you will be receiving more updates on this trade.
Remember that we are not your financial advisors. Never invest what you can't lose.
Cofoundit moves in a nice channel, and I see it preparing for a next wave. This can get us nice profits with incredibly low risk. You can use a stop loss if you want. I personally dont, when things go down I like to average down.
DURATION: 2 weeks
This coin is looking good for us catch an uptrend with. CFIs short and long-term MACDs are showing it's ready to handle a solid uptrend after it found it's bottom point so let's get into the details.
(1) .0000237 (35%)
(2) .0000310 (77%)
(3) .0000383 (118%)
(4) .0000456 (160%)
(5) .0000530 (202%)
I have been on CFI for a while now and decided to do some analysis to focus a bit on this coin. As you can see it is following a nice pattern even troughout all the pump&dumps of the big whales during last week. Cofound.it still has a small market cap (coinmarketcap.com) or about 70mln atm but used to be almost twice as much. I...
Several large reductions in the Crypto Market Cap have occurred in the last week. They have caused drops in coin prices across the board as well as possibly some market panic and sell offs which have led to even further declines in prices. Market analysis is based on the evaluation of organic movements in the markets not being manipulated by data reporting or...
We've had multiple inside bars on the hourly after a big break to the upside, look for a bull break of the first inside bar range for continuation. Also look for bullish volume to accompany such a move for confirmation.