CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.06043 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.06142 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.06142 – 0.06199 – 0.06167 – 0.05999 – 0.06009 – 0.05887 —
0.060900000 – 0.061250000 —
53.237537555944 – 63.497338395799 —
– —
0.06142 – 1777809600

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