CFX/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 0.04907086 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.05116 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Concealing Baby Swallow’ candle chart pattern is found. The candles form ‘Concealing Baby Swallow’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.054 |
| 2nd High | 0.0526 |
| Next High | 0.05116 |
| Current Price | 0.048340000 |
| Next Low | 0.04811 |
| 2nd Low | 0.0475 |
| 3rd Low | 0.0468 |
0.05116 – 0.05075 – 0.05092 – 0.04811 – 0.04818 – 0.04841 —
0.048710000 – 0.048750000 —
41.55086732818 – 43.191950372815 —
– —
0.05116 – 1772785800
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Concealing Baby Swallow – – –