CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.060975 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.06237 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Harami’ chart pattern is discovered. The candles form ‘Bearish Harami’. 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 likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

0.06237 – 0.06136 – 0.06142 – 0.05999 – 0.05958 – 0.05999 —
0.061570000 – 0.061550000 —
57.744545362547 – 56.795015951821 —
– —
0.06237 – 1777867200

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