The currency pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.04663 is expected.
Caution: A possible change in the direction of the support zone at 0.04442 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0511 |
| 2nd High | 0.04945 |
| Next High | 0.04663 |
| Current Price | 0.046420000 |
| Next Low | 0.04442 |
| 2nd Low | 0.04418 |
| 3rd Low | 0.04205 |
0.04609 – 0.04545 – 0.04546 – 0.04442 – 0.04418 – 0.04205 —
0.045960000 – 0.045960000 —
59.407285823821 – 58.803624994659 —
– —
0.04609 – 1784178000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –