CFX/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Conflux/Tether (CFX/USDT) moves from the ascending trendline downwards

A descent down to the next support line at 0.045100000 will continue.

Caution: A possible change in the direction of the resistance line at 0.054 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.054 – 0.0548 – 0.056 – 0.045100000 – 0.0473 – 0.0498 —
0.048200000 – 0.049600000 —
31.546259308448 – 46.168161757774 —
0.045100000 – 1772251200 —
0.054 – 1772049600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –