CFX/USDT – 30M – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance line at 0.04822 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.046690000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Three Line Strike – Bullish’ chart pattern is existing. The chart forms ‘Three Line Strike – Bullish’. this is a bullish 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 ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

0.04822 – 0.04813 – 0.04905 – 0.046690000 – 0.04679 – 0.04682 —
0.047850000 – 0.047840000 —
46.098304512974 – 48.284087182272 —
0.046690000 – 1773007200 —
0.04822 – 1773001800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Line Strike – Bullish – – –