The pair Conflux/Tether (CFX/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.0526 will persist.
Caution: A possible counter-trend in the direction of support at 0.0496 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0548 |
| 2nd High | 0.054 |
| Next High | 0.0526 |
| Current Price | 0.051950000 |
| Next Low | 0.0496 |
| 2nd Low | 0.04955 |
| 3rd Low | 0.04862 |
0.05157 – 0.04993 – 0.04969 – 0.0496 – 0.04955 – 0.04862 —
0.051890000 – 0.051670000 —
73.050541341464 – 55.387216718035 —
– —
0.05157 – 1773162000