CFX/USDT – 30M – SELL

The combination Conflux/Tether (CFX/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at will continue.

Caution: A possible change in the direction of the resistance zone at 0.0452 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Bearish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.0452 – 0.04523 – 0.04593 – 0.04277 – 0.04346 – 0.04386 —
0.043800000 – 0.044560000 —
46.533067923574 – 59.826558346021 —
– —
0.0452 – 1781107200

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Belt Hold – – –