CFGUSDT trade ideas
CFG IDEACFG sits on support after an accumulation porcess on the spring of a bigger timeframe accumulation phase C, that can take it to the top of the range to show signs of strength
CFG springCFG spring on H4, re accumulation process phase C, posssible parabolic move incoming, excellent risk to reward ratio.
CFG unique polka dot paraphait , can probly do 50-60% Tommorow following the dot and ksm hype today. Low MC on Kucoin , heavy hitter. DYOR ! safe trading.
CFGCFG/USDT 4H CHART
BTC's next move can say us smt about CFG. If it is bulish or bearish.
TARGET: $1.48
SUPPORT: $1.04
Centrifuge (CFG) - undervalued low cap gem (Kucoin)Centrifuge bridges real-world assets like invoices, real estate, and royalties to DeFi. Borrowers can finance their real-world assets without banks or other intermediaries, and providing liquidity is open to everyone, investors receive a return plus CFG rewards. By opening these doors to small and medium enterprises, which have historically faced financial issues, we are enabling them to access financing securely, transparently and efficiently.
Centrifuge is mainly looking for Tinlake (tinlake.centrifuge.io) investors, asset originators, and validators. An Asset Originator is a company that advances financing to multiple businesses or individuals. Tinlake, a Dapp built on the Centrifuge chain, allows Asset Originators to finance their assets and investors to invest in them. Tinlake investors can invest in the pools made by asset originators, and receive a stable return.
Source - blog.coinlist.co
CFG currently on an uptrend since the huge sell-off soon after the coinlist token unlock. This is not financial advice please DYOR on this project and place stop loss below the red lines accordingly. This is massively undervalued and going to moon soon. Start accumulating for long term and take advantage of Tinlake for passive income.
