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.
- 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.
Komen
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Please remember to allow time for this trade to develop.
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."
Komen
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If you look at the IOC chart you can clearly see that we are within our uptrend channel, on the upper side of it. Taking into considering the huge market correction, we are looking very strong, we are still within buy-in range. Our stop loss is over 20% down away... This is an easy hold. This is simple wait.
Komen
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Yup, wrong window. I will get you the CFI update now. Sorry for the mistake.
Komen
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Ok, we are in the same position here as with IOC, we are still within buy-in range, or very closed to it and the stop loss is very far away.
Taking into consideration the huge market wide correction, this is a very solid signal, this is a sign of strength.
Komen
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We are holding all trades. The market is looking better, the altcoin prices are bouncing but the correction is not yet over. 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!
Komen
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We are still in this Bitcoin correction. Things are looking better but more time is needed before we can resume normal trading for the altcoins.
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:
Dagangan ditutup secara manual
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Long term potential for this trade is still intact. 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:
Komen
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You can still trade this coin by using the target levels mentioned above.
@alanmasters closed this trade but "You can still trade this coin by using the target levels mentioned above."
HAHAHA
Whoever follows this EXPERT is like Pig which going to be Slaughtered
"Bulls Make Money, Bears Make Money, Pigs Get Slaughtered"
Aayushjain_
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@alanmasters should I stay in this trade or is it better to move out?
How long do I have to wait?
OliverNicolasOverhage
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Wisdom of the day:
Let's make some easy money (buy and hold). Let's trade (buy and wait).
trading is buying and waiting.
making money is buying and holding.
AlanSantana
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@OliverNicolasOverhage, Thanks again Oliver for your continued support. Highly appreciated.
dsmartgo
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Every time Alan posts a new idea, it's already been pumped 10-20%.
This is why when I see a new idea posted by him, I set a buy price for 10-20% less than the pump price and just WAIT. It almost always fills when the pump loses air.
His picks are good over time, and it really helps if you get in at the right price.
AlanSantana
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@dsmartgo, This one is still below 8% since publish time.
dsmartgo
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@alanmasters, Yes, but publish time was 30 minutes after a 23% pump :)
dsmartgo
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@alanmasters, I mean 15%
AndersBitcoinSorensen
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Beautifull life quotes and a great trade. Thats life haha.
Who needs a lambo when you are your own boss and have a positive view on life.