CFX/USDT – 30M – SELL

The currency pair Conflux/Tether (CFX/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.04466 is expected.

Caution: A possible change in the direction of the resistance level at 0.04562 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.04562 – 0.04616 – 0.04472 – 0.04466 – 0.04467 – 0.0435 —
0.044940000 – 0.045100000 —
41.472033561562 – 46.801256228459 —
– —
0.04562 – 1781238600

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Northern Doji – – –