CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) goes from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.05793 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.05118 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K crosses above 0.2’ indicator signal is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.05793 – 0.05898 – 0.0525 – 0.0559 – 0.05118 – 0.04862 —
0.056650000 – 0.055560000 —
54.985168379014 – 40.604721593677 —
– —
0.05793 – 1773421200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –