CFX/USDT – 1H – BUY

The pair Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 0.0541 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.0465 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.0541 – 0.0497 – 0.0466 – 0.0465 – 0.0437 – 0.0455 —
0.053100000 – 0.053900000 —
69.306848397022 – 70.577646124074 —
– —
0.0541 – 1770987600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –