CFX/USDT – 30M – BUYThe combination Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.06535 is likely expected.
Caution: A possible change in the direction of the support zone at 0.06346 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.07137 |
| 2nd High | 0.0654 |
| Next High | 0.06535 |
| Current Price | 0.066830000 |
| Next Low | 0.06346 |
| 2nd Low | 0.0623 |
| 3rd Low | 0.0622 |
0.06535 – 0.0654 – 0.06502 – 0.06346 – 0.0623 – 0.0622 —
0.064810000 – 0.065060000 —
53.628996416754 – 57.816874604358 —
– —
0.06535 – 1778184000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –