CFX/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.0525 is expected.

Caution: A possible change in the direction of the support zone at 0.05118 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

0.0525 – 0.05157 – 0.04993 – 0.05118 – 0.04862 – 0.04669 —
0.053050000 – 0.055530000 —
66.57717956557 – 78.538949724127 —
– —
0.0525 – 1773262800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –