CFX/USDT – 30M – SELL

The pair Conflux/Tether (CFX/USDT) moves from the bullish trendline downwards

A bearish movement downwards to the next support line at 0.0559 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.05898 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.05898 – 0.0525 – 0.052 – 0.0559 – 0.05128 – 0.05118 —
0.057440000 – 0.057500000 —
58.717080755249 – 56.765120229959 —
– —
0.05898 – 1773374400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – – –