The currency pair Conflux/Tether (CFX/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.04563 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.04378 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.04563062 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.04563 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04945 |
| 2nd High | 0.04663 |
| Next High | 0.04563 |
| Current Price | 0.044610000 |
| Next Low | 0.04378 |
| 2nd Low | 0.04196 |
| 3rd Low | 0.04168 |
0.04563 – 0.04663 – 0.04645 – 0.04412 – 0.045 – 0.04378 —
0.044640000 – 0.044450000 —
38.222796790071 – 31.143717535144 —
– —
0.04563 – 1783292400