CFX/USDT – 4H – BUYThe pair Conflux/Tether (CFX/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.056 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.0498 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0689 |
| 2nd High | 0.0579 |
| Next High | 0.056 |
| Current Price | 0.053800000 |
| Next Low | 0.0498 |
| 2nd Low | 0.0437 |
| 3rd Low | 0.0403 |
0.056 – 0.0579 – 0.0689 – 0.0498 – 0.0437 – 0.0446 —
0.051400000 – 0.053200000 —
43.69124139218 – 52.796519962573 —
– —
0.056 – 1771243200
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –