CFX/USDT – 30M – BUY

The pair Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance line at 0.0524 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.0501 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.052474 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.0524 could happen.
Please make appropriate stop-loss settings in the case of a trade.

0.0524 – 0.0521 – 0.0512 – 0.0501 – 0.0498 – 0.0518 —
0.052300000 – 0.051900000 —
61.071062784062 – 49.039270071876 —
– —
0.0524 – 1771603200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – – – –