Buy CFX/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 0.04907086 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.05116 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Concealing Baby Swallow’ candle chart pattern is found. The candles form ‘Concealing Baby Swallow’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).

Support & Resistance Price Range*
3rd High 0.054
2nd High 0.0526
Next High 0.05116
Current Price 0.048340000
Next Low 0.04811
2nd Low 0.0475
3rd Low 0.0468

0.05116 – 0.05075 – 0.05092 – 0.04811 – 0.04818 – 0.04841 —
0.048710000 – 0.048750000 —
41.55086732818 – 43.191950372815 —
– —
0.05116 – 1772785800

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