Sell CFX/USDT – 30M – SELL

The pair Conflux/Tether (CFX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.06103 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.06196 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.060975 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.06196 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.0635
2nd High 0.06237
Next High 0.06196
Current Price 0.061370000
Next Low 0.06103
2nd Low 0.05999
3rd Low 0.05958

0.06196 – 0.06237 – 0.06136 – 0.06103 – 0.05999 – 0.05958 —
0.061730000 – 0.061860000 —
57.951345605594 – 56.841566412957 —
– —
0.06196 – 1777953600

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