CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.0622 will persist.

Caution: A possible change in the direction of resistance at 0.06427 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Bearish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.06427 – 0.06437 – 0.07137 – 0.0622 – 0.0611 – 0.06089 —
0.063410000 – 0.063570000 —
46.82865140776 – 52.979339075899 —
– —
0.06427 – 1778103000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –