CFX/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair Conflux/Tether (CFX/USDT) jumps from the ascending trendline down.

A descending movement down to the next support at 0.04513 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.04679 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The candles show ‘Collapsing Doji Star’. 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 probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.04679 – 0.0457 – 0.04602 – 0.04513 – 0.04367 – 0.04454 —
0.047000000 – 0.046550000 —
63.392623237094 – 53.948249584584 —
– —
0.04679 – 1780878600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –