CFX/USDT – 30M – SELLThe currency pair Conflux/Tether (CFX/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support level at 0.04769 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.0511 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05381 |
| 2nd High | 0.0532 |
| Next High | 0.0511 |
| Current Price | 0.047600000 |
| Next Low | 0.04769 |
| 2nd Low | 0.04704 |
| 3rd Low | 0.04593 |
0.0511 – 0.04969 – 0.04967 – 0.04769 – 0.04704 – 0.0483 —
0.048290000 – 0.048340000 —
43.589297358769 – 50.876209121539 —
– —
0.0511 – 1781877600