The combination Conflux/Tether (CFX/USDT) moves from the bearish trendline up.
A bullish movement upwards to the next resistance level at 0.0508 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.0483 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ” indicator signal is detected. The indicator is ”. this is usually a bullish chart scenario. The currency pair is likely to rise.
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Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a positive 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 | 0.0548 |
| 2nd High | 0.0525 |
| Next High | 0.0508 |
| Current Price | 0.048100000 |
| Next Low | 0.0483 |
| 2nd Low | 0.0465 |
| 3rd Low | 0.0437 |
0.0508 – 0.0525 – 0.0548 – 0.0483 – 0.0507 – 0.0513 —
0.049300000 – 0.048200000 —
36.73642665336 – 26.271334932405 —
– —
0.0508 – 1771849800
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – Double top retreat up – –