CFX/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The combination Conflux/Tether (CFX/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support line at will continue.

Caution: A possible change in the direction of resistance at 0.060940000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘StochRSI Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Three Inside Down’ candle chart pattern is detected. The candles form ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.060940000 – 0.0606 – 0.0607 – 0.0595 – 0.05959 – 0.05897 —
0.060940000 – 0.059940000 —
51.281916838661 – 45.241145762087 —
0.060940000 – 1777699800 —
– 1777699800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –