CFX/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.049 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.0475 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0517 |
| 2nd High | 0.0489 |
| Next High | 0.0475 |
| Current Price | 0.046900000 |
| Next Low | 0.0446 |
| 2nd Low | 0.0403 |
| 3rd Low |
0.0475 – 0.0489 – 0.0517 – 0.0446 – 0.0459 – 0.0477 —
0.046100000 – 0.046900000 —
51.12092150988 – 59.839463085094 —
– —
0.0475 – 1770607800
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –