CFX/USDT – 30M – BUY

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

A bullish movement up to the next resistance at 0.04929 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.04669 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.04929 – 0.04822 – 0.04813 – 0.04669 – 0.04679 – 0.04682 —
0.049440000 – 0.049200000 —
64.404876985545 – 53.974017078003 —
– —
0.04929 – 1773034200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Northern Doji – – –