CFX/USDT – 4H – SELL

The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.

A bearish movement downwards to the next support level at 0.06006 is certain.

Caution: A possible change in the direction of resistance at 0.06814 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.06814 – 0.05898 – 0.0526 – 0.06006 – 0.04669 – 0.0451 —
0.062030000 – 0.066040000 —
52.667014399833 – 63.243358956968 —
– —
0.06814 – 1773676800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –