CFX/USDT – 30M – SELL

The currency pair Conflux/Tether (CFX/USDT) moves from the bullish trendline downwards

A bearish descent down to the next support line at 0.0529 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.05454 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.05454 – 0.05531 – 0.05289 – 0.0529 – 0.05258 – 0.05394 —
0.055490000 – 0.055660000 —
77.97090865863 – 68.968378872507 —
– —
0.05454 – 1776177000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – – –