Sell CFX/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Conflux/Tether (CFX/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support line at 0.0541 is expected.

Caution: A possible change in the direction of the resistance zone at 0.0553 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0538778 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.0553 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.056
2nd High 0.0559
Next High 0.0553
Current Price 0.054300000
Next Low 0.0541
2nd Low 0.0533
3rd Low 0.0465

0.0553 – 0.0559 – 0.056 – 0.0541 – 0.0533 – 0.0538 —
0.054700000 – 0.054700000 —
50.155723436589 – 49.253806286655 —
– —
0.0553 – 1771353000

Trading Signals:

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