Buy CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 0.05319 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.05092 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.052615 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.05319 should always be considered.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.05485
2nd High 0.05442
Next High 0.05319
Current Price 0.052140000
Next Low 0.05092
2nd Low 0.05078
3rd Low 0.05038

0.05319 – 0.05442 – 0.05381 – 0.05092 – 0.05078 – 0.05038 —
0.052100000 – 0.052250000 —
45.175702460825 – 45.526770225426 —
– —
0.05319 – 1780282800

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