The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.06142 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.05999 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Then a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.06205 |
| 2nd High | 0.06199 |
| Next High | 0.06142 |
| Current Price | 0.061380000 |
| Next Low | 0.05999 |
| 2nd Low | 0.05887 |
| 3rd Low | 0.05851 |
0.06142 – 0.06199 – 0.06094 – 0.05999 – 0.05887 – 0.05851 —
0.060900000 – 0.060910000 —
54.454601796555 – 44.282052885355 —
– —
0.06142 – 1777809600