CFX/USDT – 1H – SELL

The currency pair Conflux/Tether (CFX/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support at is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.05381 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.05381 – 0.05319 – 0.05442 – 0.04825 – 0.05089 – 0.05092 —
0.052040000 – 0.052390000 —
56.707847480186 – 59.267554486745 —
– —
0.05381 – 1780336800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – – –