The combination Conflux/Tether (CFX/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.0497 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.04643 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Line Strike – Bullish’ candle chart pattern is discovered. The chart forms ‘Three Line Strike – Bullish’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05239 |
| 2nd High | 0.05208 |
| Next High | 0.0497 |
| Current Price | 0.047770000 |
| Next Low | 0.04643 |
| 2nd Low | 0.04391 |
| 3rd Low | 0.0435 |
0.04579 – 0.04551 – 0.04548 – 0.04643 – 0.04391 – 0.04451 —
0.047420000 – 0.047650000 —
69.198185711576 – 63.699004459198 —
– —
0.04579 – 1781364600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Line Strike – Bullish – – –