CFX/USDT – 1H – BUY

The combination Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance level at 0.05793 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.05412 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.05793 – 0.05898 – 0.0525 – 0.05412 – 0.0559 – 0.05118 —
0.055240000 – 0.055470000 —
45.906689291201 – 49.65900227163 —
– —
0.05793 – 1773421200

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