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...
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.
Cofound.it just spiked and pulled back to the lows. often these coins will spike several times in a row. Now is an opportunity to get in so I opened the trade. Let's see if history will repeat itself. Stop loss and take profit level indicated on chart. Good luck.
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%)
Daily SRSI oversold and turning up within the red cloud making for an edge 2 edge trade opportunity out of this accumulation zone. Hold for potential 5x / 500% gain.
Enter: Near 2k
Exit: 4.7k / 7.3k / 11.5k
I bought Cofound.it (CFI) coins for the first time in December 16, I was trying to track this coin. That was right after the period of accumulation, where you find the MACD positive divergence signal. But I sold and now I am back.
The charts look good, this coin has potential from a technical point of view.
Let's look at what we have here now. Let's make some...
Strong Downward support will keep the price stableand move the coin towards upside to test its resistance.
good buying volume can play a massive role in breaking the upside resistance level. I see strong support to stop it from keep fallen further and Hence would recommend buying at current levels.
Company has good management and vision for this Coin to soar in...
Broke the downtrend and may rally to old support levels.
Weekly Stoch RSI is pinned
Stoch RSI looks good. Ttrading in Ichimoku cloud, but looks like it has steem to break it.
Stoch RSI looks good
1h Stoch RSI seems to...
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...
CFI is trying to break its long-term downtrend! Its close to and we have signals it could be looking to the upside! But, we also have some signals that we might have a pullback first and the trade becomes invalid! So we have two options enter early with stop-loss at the indicated level. Or we wait for the break-out and confirmation of breaking the resistance...
# 2, the volatility is quite low. the price is held at 0.00022 for more than two months. a sharp increase in volume. oscillators speak of a bullish trend. I think that the price can go much sooner.