The combination Conflux/Tether (CFX/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.04546 is likely expected.
Caution: A possible change in the direction of the support level at 0.04205 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04663 |
| 2nd High | 0.04567 |
| Next High | 0.04546 |
| Current Price | 0.045970000 |
| Next Low | 0.04205 |
| 2nd Low | 0.04173 |
| 3rd Low | 0.04139 |
0.04546 – 0.04567 – 0.04663 – 0.04205 – 0.04173 – 0.04139 —
0.044810000 – 0.045270000 —
53.463557000524 – 53.828492492842 —
– —
0.04546 – 1784030400