CFX/USDT – 30M – SELL

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.06113 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.06814 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.06814 – 0.06619 – 0.06579 – 0.06043 – 0.05412 – 0.0557 —
0.066990000 – 0.066690000 —
58.757155749744 – 56.294866417396 —
– —
0.06814 – 1773684000

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