CFX/USDT – 30M – BUYThe currency pair Conflux/Tether (CFX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.0548 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.05128 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.055 |
| 2nd High | 0.0549 |
| Next High | 0.0548 |
| Current Price | 0.055490000 |
| Next Low | 0.05128 |
| 2nd Low | 0.05118 |
| 3rd Low | 0.0496 |
0.0525 – 0.052 – 0.05157 – 0.05128 – 0.05118 – 0.0496 —
0.053410000 – 0.054440000 —
66.115949658877 – 72.081639605079 —
– —
0.0525 – 1773264600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –