CFX/USDT – 4H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the descending trendline up.

A bullish ascent up to the next resistance line at 0.054 is likely expected.

Caution: A possible change in the direction of the support level at 0.0451 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.054 – 0.0548 – 0.056 – 0.0451 – 0.0473 – 0.0498 —
0.050600000 – 0.048100000 —
51.403373791211 – 42.949782980951 —
– —
0.054 – 1772049600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Up – – –