The currency pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.06502 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.0623 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.07137 |
| Next High | 0.06502 |
| Current Price | 0.065260000 |
| Next Low | 0.0623 |
| 2nd Low | 0.0622 |
| 3rd Low | 0.0611 |
0.06502 – 0.06427 – 0.06437 – 0.0623 – 0.0622 – 0.0611 —
0.064620000 – 0.064680000 —
57.124716691406 – 55.11900941835 —
– —
0.06502 – 1778131800