The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.
A descent down to the next support line at 0.04669 is certain.
Caution: A possible change in the direction of the resistance level at 0.04929 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0526 |
| 2nd High | 0.05116 |
| Next High | 0.04929 |
| Current Price | 0.049000000 |
| Next Low | 0.04669 |
| 2nd Low | 0.0459 |
| 3rd Low | 0.0451 |
0.04929 – 0.04822 – 0.04813 – 0.04669 – 0.04679 – 0.04682 —
0.048710000 – 0.049650000 —
55.709364611408 – 66.867331233135 —
– —
0.04929 – 1773034200