CFX/USDT – 4H – BUY

The combination Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance at 0.056 will persist.

Caution: A possible change in the direction of support at 0.049800000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.056 – 0.0579 – 0.0689 – 0.049800000 – 0.0437 – 0.0446 —
0.051200000 – 0.052400000 —
40.559181001191 – 50.244160793137 —
0.049800000 – 1771516800 —
0.056 – 1771243200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –