Sell CFX/USDT – 1H – SELL

The currency pair Conflux/Tether (CFX/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support level at 0.0465 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.0534 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a indicator layout is discovered. The indicator shows ”. which could be a negative chart signal. The currency pair could go down.

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Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.0636
2nd High 0.0579
Next High 0.0534
Current Price 0.050600000
Next Low 0.0465
2nd Low 0.0437
3rd Low 0.0403

0.0497 – 0.0466 – 0.0487 – 0.0465 – 0.0437 – 0.0455 —
0.048400000 – 0.051800000 —
52.656271315132 – 73.658951604441 —
– —
0.0497 – 1770883200

Trading Signals:

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