CFX/USDT – 30M – SELL

The pair Conflux/Tether (CFX/USDT) goes from the ascending trendline down.

A descent down to the next support at 0.04535 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.04693 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

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

0.04693 – 0.046 – 0.04555 – 0.04535 – 0.04494 – 0.04442 —
0.046120000 – 0.047000000 —
50.894328959236 – 67.329701284873 —
– —
0.04693 – 1784318400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –