CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance at 0.05239 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.04593 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.04747 – 0.04793 – 0.04579 – 0.04593 – 0.04597 – 0.04391 —
0.049620000 – 0.050050000 —
75.187235930392 – 66.572665564725 —
– —
0.04747 – 1781596800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Northern Doji – – –