CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support line at 0.04841 will persist.

Caution: A possible change in the direction of the resistance line at 0.05075 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Inside Down’ candlestick chart pattern is detected. The chart forms ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.05075 – 0.05092 – 0.0526 – 0.04841 – 0.04986 – 0.0499 —
0.049980000 – 0.050850000 —
48.1959824839 – 65.055899700276 —
– —
0.05075 – 1772762400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Inside Down – – –