CFX/USDT – 4H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance level at 0.0526 will continue.

Caution: A possible counter-trend in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.0526 – 0.051 – 0.054 – 0.04669 – 0.0451 – 0.0473 —
0.050620000 – 0.052000000 —
61.728805552997 – 65.42819579986 —
– —
0.0526 – 1772640000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –