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, todayCFI 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 forCFI 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
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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.