There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Conflux/Tether (CFX/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support level at 0.045 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.04645 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0511 |
| 2nd High | 0.04945 |
| Next High | 0.04645 |
| Current Price | 0.045770000 |
| Next Low | 0.045 |
| 2nd Low | 0.04378 |
| 3rd Low | 0.04196 |
0.04645 – 0.04507 – 0.0445 – 0.045 – 0.04378 – 0.04196 —
0.045780000 – 0.046120000 —
53.188462835727 – 53.290907725847 —
– —
0.04645 – 1783116000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –