CFX/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support at 0.06346 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.065400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.06325 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.065400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

0.065400000 – 0.06502 – 0.06427 – 0.06346 – 0.0623 – 0.0622 —
0.065400000 – 0.064860000 —
64.495226076171 – 56.752822716851 —
0.065400000 – 1778157000 —
– 1778157000

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