CFX/USDT – 1H – BUYThe combination Conflux/Tether (CFX/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.05116 is certain.
Caution: A possible counter-trend in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.054 |
| 2nd High | 0.0526 |
| Next High | 0.05116 |
| Current Price | 0.048610000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.05116 – 0.05092 – 0.0526 – 0.04669 – 0.04682 – 0.04841 —
0.047840000 – 0.048970000 —
46.364453670578 – 56.748628344601 —
– —
0.05116 – 1772784000