The combination Conflux/Tether (CFX/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.0526 is expected.
Caution: A possible change in the direction of the support level at 0.0451 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Latter Bottom’ candlestick pattern is found. The chart shows ‘Latter Bottom’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0548 |
| 2nd High | 0.054 |
| Next High | 0.0526 |
| Current Price | 0.047980000 |
| Next Low | 0.0451 |
| 2nd Low | 0.0437 |
| 3rd Low | 0.0403 |
0.0526 – 0.051 – 0.054 – 0.0451 – 0.0473 – 0.0498 —
0.048620000 – 0.048130000 —
44.998415748417 – 40.248696968747 —
– —
0.0526 – 1772640000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Latter Bottom – – –