The combination Conflux/Tether (CFX/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.04862 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.04993 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0526 |
| 2nd High | 0.05116 |
| Next High | 0.04993 |
| Current Price | 0.049210000 |
| Next Low | 0.04862 |
| 2nd Low | 0.04669 |
| 3rd Low | 0.0459 |
0.04993 – 0.04969 – 0.04929 – 0.04862 – 0.04669 – 0.04679 —
0.049200000 – 0.049910000 —
51.790343564856 – 59.47325458665 —
– —
0.04993 – 1773084600