CFX/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.0579 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.0465 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.0541 – 0.0497 – 0.0466 – 0.0465 – 0.0437 – 0.0455 —
0.055000000 – 0.055500000 —
71.642038851455 – 65.077380581643 —
– —
0.0541 – 1770987600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –