CFX/USDT – 4H – BUYThe currency pair Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 0.04731 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.04277 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.05442 |
| 2nd High | 0.05381 |
| Next High | 0.04731 |
| Current Price | 0.046860000 |
| Next Low | 0.04277 |
| 2nd Low | 0.04091 |
| 3rd Low | 0.0403 |
0.04616 – 0.04731 – 0.05381 – 0.04277 – 0.04091 – 0.05038 —
0.045790000 – 0.044480000 —
55.499133222445 – 41.060478202252 —
– —
0.04616 – 1781208000