The pair Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.05965 is likely expected.
Caution: A possible change in the direction of the support level at 0.05651 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.06582 |
| 2nd High | 0.0648 |
| Next High | 0.05965 |
| Current Price | 0.059130000 |
| Next Low | 0.05651 |
| 2nd Low | 0.05625 |
| 3rd Low | 0.0529 |
0.05965 – 0.0648 – 0.06582 – 0.05651 – 0.05751 – 0.0588 —
0.058460000 – 0.059440000 —
51.222939359107 – 56.148557772058 —
– —
0.05965 – 1779107400