The combination Conflux/Tether (CFX/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.07137 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.0623 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.07137 |
| Current Price | 0.064710000 |
| Next Low | 0.0623 |
| 2nd Low | 0.0622 |
| 3rd Low | 0.0611 |
0.06427 – 0.06437 – 0.07137 – 0.0623 – 0.0622 – 0.0611 —
0.062910000 – 0.065020000 —
41.13413070253 – 61.196287740224 —
– —
0.06427 – 1778103000