CFX/USDT – 4H – BUY

The currency pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.0689 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.04669 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.05898 – 0.0526 – 0.051 – 0.04669 – 0.0451 – 0.0473 —
0.055570000 – 0.061550000 —
58.772686800904 – 77.449069612077 —
– —
0.05898 – 1773374400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –