CFX/USDT – 30M – SELL

The pair Conflux/Tether (CFX/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.04579 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Tweezers Top’ candle pattern is existing. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.04579 – 0.04551 – 0.04548 – 0.044510000 – 0.04504 – 0.04464 —
0.044920000 – 0.044990000 —
42.713401915735 – 48.500268708773 —
0.044510000 – 1781415000 —
0.04579 – 1781364600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Tweezers Top – – –