CFX/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.04669 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.04993 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.

0.04993 – 0.04969 – 0.04929 – 0.04669 – 0.04679 – 0.04682 —
0.048950000 – 0.049760000 —
46.183640999508 – 59.42846483201 —
– —
0.04993 – 1773084600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –