CFX/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0473 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.054 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.054 – 0.0504 – 0.0508 – 0.0473 – 0.0477 – 0.0483 —
0.050600000 – 0.049200000 —
42.131484943754 – 36.381307156748 —
– —
0.054 – 1772053200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –