There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Conflux/Tether (CFX/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support at 0.0496 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.0525 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.054 |
| 2nd High | 0.0526 |
| Next High | 0.0525 |
| Current Price | 0.051900000 |
| Next Low | 0.0496 |
| 2nd Low | 0.04955 |
| 3rd Low | 0.04862 |
0.0525 – 0.052 – 0.05157 – 0.0496 – 0.04955 – 0.04862 —
0.052200000 – 0.052050000 —
62.319056113802 – 53.645695104622 —
– —
0.0525 – 1773264600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –