CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.0467 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.0497 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.0497 – 0.0461 – 0.0466 – 0.0465 – 0.0437 – 0.0455 —
0.048300000 – 0.049000000 —
52.565663346314 – 56.612173173796 —
– —
0.0497 – 1770883200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –