CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) goes from the bullish trendline down.

A bearish movement down to the next support line at 0.06043 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.06814 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

0.06814 – 0.06619 – 0.06579 – 0.06043 – 0.05412 – 0.0557 —
0.067700000 – 0.066530000 —
56.873203568098 – 58.003832451822 —
– —
0.06814 – 1773684000

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