Buy CFX/USDT – 30M – BUY

The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.0654 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.06346 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.07137
Next High 0.0654
Current Price 0.065210000
Next Low 0.06346
2nd Low 0.0623
3rd Low 0.0622

0.0654 – 0.06502 – 0.06427 – 0.06346 – 0.0623 – 0.0622 —
0.064490000 – 0.064900000 —
47.408525252751 – 52.757489954873 —
– —
0.0654 – 1778157000

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