Sell CFX/USDT – 1H – SELL

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

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