Sell CFX/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.043565 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.04508 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ candle chart pattern is existing. The candles form ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.04663
2nd High 0.04567
Next High 0.04508
Current Price 0.044040000
Next Low 0.04205
2nd Low 0.042
3rd Low 0.04173

0.04508 – 0.04352 – 0.04369 – 0.04205 – 0.04312 – 0.04281 —
0.043400000 – 0.044820000 —
57.801669544333 – 71.646104512361 —
– —
0.04508 – 1783785600

Trading Signals:

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