The pair 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 persist.
Caution: A possible counter-trend in the direction of the support level at 0.0465 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0636 |
| 2nd High | 0.0579 |
| Next High | 0.0541 |
| Current Price | 0.054500000 |
| Next Low | 0.0465 |
| 2nd Low | 0.0437 |
| 3rd Low | 0.0403 |
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 – – –