CFX/USDT – 4H – BUY

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

An ascending movement up to the next resistance line at 0.0526 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.0451 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. 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 chance of ‘Bullish Engulfing’ going up is 63%.

0.0526 – 0.051 – 0.054 – 0.0451 – 0.0473 – 0.0498 —
0.049010000 – 0.048190000 —
44.867861414076 – 45.442802896982 —
– —
0.0526 – 1772640000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Engulfing – – –