Buy CFX/USDT – 30M – BUY

The pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 0.04731 is considered certain.

Caution: A possible counter-trend in the direction of support at 0.04391 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.05208
2nd High 0.0497
Next High 0.04731
Current Price 0.047860000
Next Low 0.04391
2nd Low 0.0435
3rd Low 0.04277

0.04579 – 0.04551 – 0.04548 – 0.04391 – 0.04451 – 0.04504 —
0.046910000 – 0.047430000 —
59.117845929304 – 68.571310957899 —
– —
0.04579 – 1781364600

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