CFX/USDT – 30M – BUYThe currency pair Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.06256 is certain.
Caution: A possible counter-trend in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.06814 |
| 2nd High | 0.06479 |
| Next High | 0.06256 |
| Current Price | 0.062190000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.06256 – 0.06479 – 0.06814 – 0.06006 – 0.0636 – 0.0628 —
0.062160000 – 0.062200000 —
48.867062116013 – 51.98758666241 —
– —
0.06256 – 1773873000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –