Sell CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.0464924 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.051 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Harami’ candle chart pattern is detected. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.054
2nd High 0.0512
Next High 0.051
Current Price 0.047600000
Next Low 0.0468
2nd Low 0.0459
3rd Low 0.0451

0.051 – 0.0482 – 0.0489 – 0.0479 – 0.0468 – 0.0459 —
0.048400000 – 0.047400000 —
41.308497624605 – 36.842657075357 —
– —
0.051 – 1772467200

Trading Signals:

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