CFX/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.04485 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.04579 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Rising Window’ chart pattern is discovered. The candles form ‘Rising Window’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04731 |
| 2nd High | 0.04616 |
| Next High | 0.04579 |
| Current Price | 0.044400000 |
| Next Low | 0.04391 |
| 2nd Low | 0.0435 |
| 3rd Low | 0.04277 |
0.04579 – 0.04551 – 0.04548 – 0.04391 – 0.04451 – 0.04504 —
0.044480000 – 0.044280000 —
40.812132801948 – 38.85136498886 —
– —
0.04579 – 1781364600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Rising Window – – –