CFX/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline downwards

A bearish trend downwards to the next support at 0.0455 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.0487 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.0487 – 0.0534 – 0.0579 – 0.0455 – 0.0446 – 0.0459 —
0.046300000 – 0.046300000 —
45.451604448488 – 45.991305490909 —
– —
0.0487 – 1770685200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –