CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.0488812 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.054 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish Harami’ candle chart pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.054 – 0.0504 – 0.0491 – 0.0512 – 0.0479 – 0.0473 —
0.051600000 – 0.050000000 —
42.043056959424 – 35.863395766567 —
– —
0.054 – 1772055000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Harami – – –