CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 0.06789 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.06789 – 0.06535 – 0.0654 – 0.06677 – 0.06346 – 0.0623 —
0.067090000 – 0.066580000 —
52.213192058856 – 42.497226091224 —
– —
0.06789 – 1778277600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Black Crows – – –