Sell CFX/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Conflux/Tether (CFX/USDT) moves from the bullish trendline downwards

A descent down to the next support at 0.0533 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.0553 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.0579
2nd High 0.056
Next High 0.0553
Current Price 0.054300000
Next Low 0.0533
2nd Low 0.0465
3rd Low 0.0437

0.0553 – 0.056 – 0.0541 – 0.0533 – 0.0538 – 0.0465 —
0.054500000 – 0.054900000 —
48.289309003928 – 51.860023596336 —
– —
0.0553 – 1771351200

Trading Signals:

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