CFX/USDT – 1H – BUY

The combination Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.0541 will continue.

Caution: A possible trend reversal in the direction of support at 0.0465 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.0541 – 0.0497 – 0.0466 – 0.0465 – 0.0437 – 0.0455 —
0.053100000 – 0.053900000 —
69.306848397022 – 70.577646124074 —
– —
0.0541 – 1770987600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –