CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.04434 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.04548 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.04548 – 0.04562 – 0.04616 – 0.04434 – 0.04466 – 0.04467 —
0.044710000 – 0.045480000 —
47.86619387003 – 64.171473193768 —
– —
0.04548 – 1781276400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –