CFX/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The pair Conflux/Tether (CFX/USDT) goes from the bullish trendline downwards

A bearish movement down to the next support level at 0.05118 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.0525 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

0.0525 – 0.052 – 0.05157 – 0.05118 – 0.0496 – 0.04955 —
0.051650000 – 0.052030000 —
45.737063006578 – 54.726249325096 —
– —
0.0525 – 1773264600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –