CFX/USDT – 1H – BUY

The pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.07137 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.06089 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Mat Hold’ candle pattern is found. The candles form ‘Mat Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Mat Hold’ heading up is 78% (Bull Market) & 67% (Bear Market).

0.07137 – 0.06237 – 0.06142 – 0.06089 – 0.05958 – 0.05999 —
0.063820000 – 0.063830000 —
56.675527562014 – 52.843066978203 —
– —
0.07137 – 1778018400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Mat Hold – – –