Buy CFX/USDT – 4H – BUY

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:

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