CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards

The bullish trend up to the next resistance level at 0.0526 is likely expected.

Caution: A possible change in the direction of support at 0.05118 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Bearish Harami Cross’ candle chart pattern is discovered. The candles form ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

0.0525 – 0.05157 – 0.04993 – 0.05118 – 0.04862 – 0.04669 —
0.051990000 – 0.052740000 —
53.933654147003 – 61.566383702679 —
– —
0.0525 – 1773262800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Harami Cross – – –