The currency pair Conflux/Tether (CFX/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.05319 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.05092 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
And also a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.052615 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.05319 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05485 |
| 2nd High | 0.05442 |
| Next High | 0.05319 |
| Current Price | 0.052140000 |
| Next Low | 0.05092 |
| 2nd Low | 0.05078 |
| 3rd Low | 0.05038 |
0.05319 – 0.05442 – 0.05381 – 0.05092 – 0.05078 – 0.05038 —
0.052100000 – 0.052250000 —
45.175702460825 – 45.526770225426 —
– —
0.05319 – 1780282800