CFX/USDT – 1H – BUY

The pair Conflux/Tether (CFX/USDT) jumps from the bullish trendline up.

A continuation of the upward movement up to the next resistance level at 0.06237 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.05958 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.06237 – 0.06142 – 0.06199 – 0.05958 – 0.05999 – 0.05887 —
0.062040000 – 0.060910000 —
65.461713133567 – 44.815668387772 —
– —
0.06237 – 1777867200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –