CFX/USDT – 1H – SELL

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.06044 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.06237 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Last Engulfing Bottom:’ chart pattern is found. The chart forms ‘Last Engulfing Bottom:’. 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 chance of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

0.06237 – 0.06142 – 0.06199 – 0.05958 – 0.05999 – 0.05887 —
0.061320000 – 0.061960000 —
53.046870648916 – 53.195599283689 —
– —
0.06237 – 1777867200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Last Engulfing Bottom: – – –