CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.07137 is considered certain.

Caution: A possible trend reversal in the direction of support at 0.06089 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.07137 – 0.06237 – 0.06142 – 0.06089 – 0.05958 – 0.05999 —
0.063960000 – 0.064300000 —
53.715189371075 – 48.598683757333 —
– —
0.07137 – 1778018400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Up – – –