The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.0718 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.06741 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.07216 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.0718 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.07216 |
| Next High | 0.0718 |
| Current Price | 0.070280000 |
| Next Low | 0.06741 |
| 2nd Low | 0.06657 |
| 3rd Low | 0.06222 |
0.0718 – 0.07216 – 0.06637 – 0.06741 – 0.06657 – 0.06222 —
0.071030000 – 0.070590000 —
58.026806893971 – 50.808662188908 —
– —
0.0718 – 1778706000