Long

Trading Idea for CFI + Market Cycle & Trend Pivot Analysis

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.

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