Then a ‘Double bottom chart pattern’ chart formation is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The combination Conflux/Tether (CFX/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.0555 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.0545 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0567 |
| 2nd High | 0.0562 |
| Next High | 0.0555 |
| Current Price | 0.055800000 |
| Next Low | 0.0545 |
| 2nd Low | 0.0465 |
| 3rd Low | 0.0437 |
0.0555 – 0.0541 – 0.049 – 0.0545 – 0.0465 – 0.0437 —
0.055600000 – 0.054800000 —
65.139151852982 – 50.882331763743 —
– —
0.0555 – 1771198200
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –