The combination Conflux/Tether (CFX/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support line at 0.04445 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.04731 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘Two Crows’ candle chart pattern is discovered. The chart forms ‘Two Crows’. this 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05381 |
| 2nd High | 0.05239 |
| Next High | 0.04731 |
| Current Price | 0.044540000 |
| Next Low | 0.04445 |
| 2nd Low | 0.04367 |
| 3rd Low | 0.04091 |
0.04731 – 0.04679 – 0.04602 – 0.04445 – 0.04367 – 0.04091 —
0.045380000 – 0.045180000 —
43.919399696821 – 50.180655521321 —
– —
0.04731 – 1780923600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Two Crows – – –