And also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Conflux/Tether (CFX/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.06114 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.06705 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.06814 |
| Next High | 0.06705 |
| Current Price | 0.061550000 |
| Next Low | 0.06114 |
| 2nd Low | 0.06063 |
| 3rd Low | 0.06006 |
0.06705 – 0.06682 – 0.06479 – 0.06114 – 0.06293 – 0.06063 —
0.062840000 – 0.061950000 —
40.313552735066 – 41.172799103385 —
– —
0.06705 – 1774058400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Rising Wedge Chart Pattern – –