The pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.04731 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.04391 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05208 |
| 2nd High | 0.0497 |
| Next High | 0.04731 |
| Current Price | 0.047860000 |
| Next Low | 0.04391 |
| 2nd Low | 0.0435 |
| 3rd Low | 0.04277 |
0.04579 – 0.04551 – 0.04548 – 0.04391 – 0.04451 – 0.04504 —
0.046910000 – 0.047430000 —
59.117845929304 – 68.571310957899 —
– —
0.04579 – 1781364600
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –