CFX/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline downwards

A bearish descent downwards to the next support at 0.0501 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.0525 should be noted.
Consider stop-loss settings accordingly.

Besides a ” indicator signal is found. The indicator shows ”. this is usually a bearish chart scenario. The currency pair could go down.

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Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.0525 – 0.0548 – 0.0553 – 0.0513 – 0.0501 – 0.0498 —
0.051300000 – 0.051100000 —
35.809923152742 – 41.567626416417 —
– —
0.0525 – 1771754400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –