Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.06115 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.06478 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.06596 |
| 2nd High | 0.06495 |
| Next High | 0.06478 |
| Current Price | 0.062330000 |
| Next Low | 0.06115 |
| 2nd Low | 0.05708 |
| 3rd Low | 0.0529 |
0.06478 – 0.06495 – 0.06133 – 0.06115 – 0.05708 – 0.05738 —
0.063550000 – 0.062860000 —
56.539832972897 – 49.335923548157 —
– —
0.06478 – 1777082400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –