The combination Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.0548 will persist.
Caution: A possible change in the direction of support at 0.0479 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.055 |
| 2nd High | 0.0549 |
| Next High | 0.0548 |
| Current Price | 0.053200000 |
| Next Low | 0.0479 |
| 2nd Low | 0.0473 |
| 3rd Low | 0.0465 |
0.0504 – 0.0491 – 0.0495 – 0.0479 – 0.0473 – 0.0477 —
0.052000000 – 0.053200000 —
74.319228470869 – 79.03156698913 —
– —
0.0504 – 1771984800
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –