CFX/USDT – 4H – BUYThe combination Conflux/Tether (CFX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.05898 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.04669 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0737 |
| 2nd High | 0.0689 |
| Next High | 0.05898 |
| Current Price | 0.060890000 |
| Next Low | 0.04669 |
| 2nd Low | 0.0451 |
| 3rd Low | 0.0437 |
0.05898 – 0.0526 – 0.051 – 0.04669 – 0.0451 – 0.0473 —
0.056450000 – 0.060440000 —
56.373044109767 – 75.828969525752 —
– —
0.05898 – 1773374400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –