CFX/USDT – 1H – SELL

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.0470046 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.054 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.054 – 0.0504 – 0.0508 – 0.0451 – 0.0473 – 0.0477 —
0.048600000 – 0.050600000 —
57.234445385186 – 67.483490197354 —
– —
0.054 – 1772053200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Down – – –