Sell CFX/USDT – 4H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.

A descent down to the next support level at will persist.

Caution: A possible trend reversal in the direction of resistance at 0.06205 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.06978
2nd High 0.06495
Next High 0.06205
Current Price 0.059370000
Next Low
2nd Low
3rd Low

0.06205 – 0.06495 – 0.06188 – 0.05625 – 0.05805 – 0.05708 —
0.058210000 – 0.060260000 —
43.875033613486 – 53.071319088365 —
– —
0.06205 – 1777420800

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