CFX/USDT – 1H – SELL

The combination Conflux/Tether (CFX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.05999 is considered certain.

Caution: A possible change in the direction of resistance at 0.06199 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.06142 – 0.06199 – 0.06094 – 0.05999 – 0.05887 – 0.05851 —
0.061190000 – 0.062040000 —
54.685199918881 – 65.461713165235 —
– —
0.06142 – 1777809600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – – –