CFX/USDT – 30M – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.05005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.051160000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.051160000 – 0.05075 – 0.05092 – 0.04841 – 0.04986 – 0.0499 —
0.051160000 – 0.048790000 —
59.404497674205 – 35.791739902656 —
0.051160000 – 1772785800 —
– 1772785800

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