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.
Buy-in: 0.00002000 - 0.00002950
- We have a from July 2017 (That is a lot of down movement, time to go up!).
- A new uptrend formed after a period of 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.
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.
Do not worry about price swings, up and down, we are here for long term profits.
Another indicator (Thanks @rapidbtc for the reminder):
"Also this coin stayed strong during BTC pumps/dumps,a good indicator of upward movement."
Taking into consideration the huge market wide correction, this is a very solid signal, this is a sign of strength.
I am still looking at Bitcoin and waiting for stronger signals as to when we will start to move back up.
For now we hold patiently.
P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.
Thanks for your support. I love you!
Cofound.it (CFI) has been doing good even after the huge Bitcoin decline a few days ago. So far we are sitting above the stop loss and a little below our buy-in range.
My analysis hasn't been invalidated, we still have many positive signals for a long profitable trade.
Here is the daily chart:
Long term holders can hold long.
I will close this trade idea and revisit again in the near future.
I will post a new trade idea once I revisit this coin.
Thank you for your continued support.
A last look at the daily chart long term potential:
- Support on Telegram @alanmastersupport
- Tips - BTC: 3FDZqRkxPqWZJ61m3N3qHKhawL4whbaGFS
Whoever follows this EXPERT is like Pig which going to be Slaughtered
"Bulls Make Money, Bears Make Money, Pigs Get Slaughtered"