CFX/USDT – 1H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance at 0.05116 is considered certain.

Caution: A possible trend reversal in the direction of support at 0.04669 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.05116 – 0.05092 – 0.0526 – 0.04669 – 0.04682 – 0.04841 —
0.048840000 – 0.048710000 —
56.873479264358 – 56.897494322884 —
– —
0.05116 – 1772784000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –