The pair Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.04367 is certain.
Caution: A possible change in the direction of the support zone at 0.04196 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04567 |
| 2nd High | 0.04448 |
| Next High | 0.04367 |
| Current Price | 0.042420000 |
| Next Low | 0.04196 |
| 2nd Low | 0.04168 |
| 3rd Low | 0.04139 |
0.04367 – 0.04448 – 0.04567 – 0.0437 – 0.04412 – 0.045 —
0.042150000 – 0.042360000 —
37.206772816442 – 45.028108982053 —
– —
0.04367 – 1783497600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Northern Doji – – –