The currency pair Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.07137 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.0623 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.07137 |
| Current Price | 0.065260000 |
| Next Low | 0.0623 |
| 2nd Low | 0.06089 |
| 3rd Low | 0.05958 |
0.07137 – 0.06237 – 0.06142 – 0.0623 – 0.06089 – 0.05958 —
0.064300000 – 0.064300000 —
48.598683416475 – 52.843490605121 —
– —
0.07137 – 1778018400