The currency pair Conflux/Tether (CFX/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.0465 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.0553 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0579 |
| 2nd High | 0.056 |
| Next High | 0.0553 |
| Current Price | 0.050700000 |
| Next Low | 0.0465 |
| 2nd Low | 0.0437 |
| 3rd Low | 0.0403 |
0.0553 – 0.056 – 0.0541 – 0.0518 – 0.0533 – 0.0538 —
0.051500000 – 0.051200000 —
32.758871355168 – 39.437999698095 —
– —
0.0553 – 1771351200