CFX/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.05887 is certain.
Caution: A possible change in the direction of the resistance line at 0.06199 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Collapsing Doji Star’ candlestick chart pattern is found. The candles show ‘Collapsing Doji Star’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.06228 |
| 2nd High | 0.06205 |
| Next High | 0.06199 |
| Current Price | 0.060560000 |
| Next Low | 0.05887 |
| 2nd Low | 0.05851 |
| 3rd Low | 0.05751 |
0.06199 – 0.06167 – 0.06094 – 0.05887 – 0.0595 – 0.05959 —
0.061270000 – 0.060660000 —
55.582808196495 – 51.239784655845 —
– —
0.06199 – 1777764600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –