Buy CFX/USDT – 1H – BUY

Besides a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.0524188 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.054000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 0.0553
2nd High 0.0548
Next High 0.054000000
Current Price 0.051400000
Next Low 0.0473
2nd Low 0.0465
3rd Low 0.0437

0.054000000 – 0.0504 – 0.0508 – 0.0473 – 0.0477 – 0.0483 —
0.054000000 – 0.051600000 —
80.770112890249 – 51.698347314335 —
0.054000000 – 1772053200 —
– 1772053200

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