The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.04548 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.04434 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04616 |
| 2nd High | 0.04562 |
| Next High | 0.04548 |
| Current Price | 0.044950000 |
| Next Low | 0.04434 |
| 2nd Low | 0.0435 |
| 3rd Low | 0.04277 |
0.04548 – 0.04562 – 0.04616 – 0.04434 – 0.04466 – 0.04467 —
0.044950000 – 0.044930000 —
53.165038898249 – 50.689853152995 —
– —
0.04548 – 1781276400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –