CFX/USDT – 1H – BUY

Moreover a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.0524188 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.054000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Bullish Belt Hold’ candlestick pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.054000000 – 0.054 – 0.0504 – 0.0473 – 0.0477 – 0.0483 —
0.054000000 – 0.051600000 —
80.770112890249 – 51.698347314335 —
0.054000000 – 1772053200 —
– 1772053200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –