The pair Conflux/Tether (CFX/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.06103 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.06196 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.060975 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.06196 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0635 |
| 2nd High | 0.06237 |
| Next High | 0.06196 |
| Current Price | 0.061370000 |
| Next Low | 0.06103 |
| 2nd Low | 0.05999 |
| 3rd Low | 0.05958 |
0.06196 – 0.06237 – 0.06136 – 0.06103 – 0.05999 – 0.05958 —
0.061730000 – 0.061860000 —
57.951345605594 – 56.841566412957 —
– —
0.06196 – 1777953600