The pair Conflux/Tether (CFX/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.0479 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.0512 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0548 |
| 2nd High | 0.054 |
| Next High | 0.0512 |
| Current Price | 0.048100000 |
| Next Low | 0.0479 |
| 2nd Low | 0.0473 |
| 3rd Low | 0.0465 |
0.0512 – 0.054 – 0.0504 – 0.0495 – 0.0512 – 0.0479 —
0.048900000 – 0.048400000 —
25.483242783891 – 31.043451709538 —
– —
0.0512 – 1772179200