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CFIBTC

Cofound.it VS Bitcoin Still Falling DownCofound.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 correctional move up is also possible. But overall, Cofound price could drop as low as 420 satoshis, which is a strong support confirmed by two Fibonacci retracement levels and the downtrend trendline. It is also worth mentioning that back on the 29th of June CFI formed a double bottom at 515 satoshis, and currently it is trading near that level. Therefore while the downtrend is still valid, if the current support level holds, price could correct up strongly, or even reverse.
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by CryptoPAMM
1
Cofound.it VS Bitcoin Wide RangeSince 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 previously been rejected, along with the 200 Moving Average. Currently CFI seems to be entering the consolidation, or indecision phase, with the established support at 475 satoshis and resistance at 590 satoshis. There is not much action going on which could prevent traders from buying this coin. Further consolidation is likely although breakout in either direction should shed some light on further price development. Break above the 600 satoshis high, could be the confirmation of the trend reversal or a strong correction upwards. But break below the 470 satoshis low, should send price lower towards the key support at 420 satoshis.
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by CryptoPAMM
Cofound.it (CFI/BTC) Buy OpportunityThis 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. Buy-in: .000017-.000018 Stop-loss: .000009 Targets: (1) .0000237 (35%) (2) .0000310 (77%) (3) .0000383 (118%) (4) .0000456 (160%) (5) .0000530 (202%) (6) .0000675 (285%) As always set sell-off targets to secure profits because all targets may not be hit. Have patience. These trades take a little time to develop.
CLong
by lamppole
CFI Bounce after Market Cap Declines?? Possible 30% Short Term 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 possible "whale investors". There are several reasons given for these quick reductions in Billions of USD equivalence from the CMC in multiple publications. This again establishes the volatility of the Crypto space and reminds every one this is a speculative market. I am pointing out the areas of major price drops correlating to the drops in CMC: #1 1/8 23:47 UTC ($829,667,000,000) to 1/9 14:47 UTC ($702,303,000,000) -14% Market Cap Drop = 350 Satoshi Drop #2 1/10 22:47 UTC ($731,310,000,000) to 1/11 04:47 UTC ($628,386,000,000) -13.5% Market Cap Drop = 400 Sat Drop #3 1/11 16:47 UTC ($711,734,000,000) to 1/12 00:47 UTC ($649,125,000,000) -9% Market Cap Drop = 1,240 Sat Drop #4 11/15 16:47 UTC (713,329,000,000) to 1/16 01:47 UTC ($641,990,000,000) -11% Market Cap Drop = 480 Sat Drop As you can see this creates a lot of volatility in the prices of the coins and causes a quick decline in value. Keep this in mind when investing in the Crypto Space. With that said XRP is possibly breaking out, there was a bounce I anticipate the same with the price returning to >= 2,586
CLong
by vthokiee97
CFI 266% potentialI 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 expect us to reach the ATH again if you have enough patience. Remember: HODL'ing is profitable.. Also taking some actual profits from time to time is profitable :) I am going for a 200 - 300 % profit on this one but I will unload some of my CFI along the ride and take profits at some levels. Buy: 1900 sats (Bittrex) Targets: 3000 4600 6400 Let's go!
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by Defibooker
1
Cofound.it (CFI) Fast Profits Potential (575% Earnins Potential)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 easy money (buy and hold). Let's trade (buy and wait). Note: Remember that this is cryptocurrency trading. What you are getting into right now requires patience. You can see huge growth very fast but it can also be slow, you can see slow growth at other times and even a decline. This is normal, the market moves up and down. The trick here is the following: 1) Buy within range (use the buy-in under instructions). 2) Hold while you wait (hold your coins regardless of price swings up or down). 3) Sell on target (sell for profit when we reach our targets). Very simple... Let's look at the instructions now... Let's trade. >>> Instructions Buy-in: 0.00002000 - 0.00002950 Targets: (1) 0.0000345 (2) 0.0000435 (3) 0.0000585 (4) 0.0000685 (5) 0.0000825 (6) 0.0001355 Stop-loss: 0.00001599 >>> Indicators - We have a broken trend line from July 2017 (That is a lot of down movement, time to go up!). - A new uptrend formed after a period of MACD positive divergence. - The indicators allow for plenty of room for growth. - The weekly chart was in consolidation mode and we are ready for action. - Diversify. Play safe. Only invest what you can afford to lose and sell on target. Hold patiently. Take profits. >>> Message Abundance is what you get, when abundance is what you want. Happiness is what you get, when happiness is what you want. Love is what you get, when love is what you give. A life full of joy is what you get, when you are open to receive. Namaste.
CLong
by AlanSantana
104