CFX/USDT – 30M – SELL

The currency pair Conflux/Tether (CFX/USDT) goes from the bullish trendline down.

A bearish trend down to the next support line at 0.06043 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.06814 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.06814 – 0.06619 – 0.06579 – 0.06043 – 0.05412 – 0.0557 —
0.067700000 – 0.066530000 —
56.873203568098 – 58.003832451822 —
– —
0.06814 – 1773684000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Belt Hold – – –