CFX/USDT – 1H – SELL

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.0451 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.0506 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. 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).

0.0506 – 0.054 – 0.0504 – 0.0451 – 0.0473 – 0.0477 —
0.048400000 – 0.047900000 —
47.717265557202 – 41.99659080442 —
– —
0.0506 – 1772330400

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