CFX/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Conflux/Tether (CFX/USDT) jumps from the bullish trendline down.

A descending movement down to the next support at will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.06814 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.06814 – 0.06619 – 0.06579 – 0.0636 – 0.0628 – 0.06043 —
0.064180000 – 0.064350000 —
46.387879804282 – 50.862224309392 —
– —
0.06814 – 1773684000

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –