The pair Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.06535 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.06346 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0654 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.06535 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07137 |
| 2nd High | 0.0654 |
| Next High | 0.06535 |
| Current Price | 0.064890000 |
| Next Low | 0.06346 |
| 2nd Low | 0.0623 |
| 3rd Low | 0.0622 |
0.06535 – 0.0654 – 0.06502 – 0.06346 – 0.0623 – 0.0622 —
0.064370000 – 0.064750000 —
47.818627434748 – 47.289321661983 —
– —
0.06535 – 1778184000