CFX/USDT – 30M – SELLThe currency pair Conflux/Tether (CFX/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 0.0496 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.05157 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides 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 pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.054 |
| 2nd High | 0.0526 |
| Next High | 0.05157 |
| Current Price | 0.051590000 |
| Next Low | 0.0496 |
| 2nd Low | 0.04955 |
| 3rd Low | 0.04862 |
0.05157 – 0.04993 – 0.04969 – 0.0496 – 0.04955 – 0.04862 —
0.051230000 – 0.051890000 —
62.686606347917 – 73.050539730522 —
– —
0.05157 – 1773162000