Buy CFX/USDT – 1H – BUY

The pair Conflux/Tether (CFX/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.0511 will continue.

Caution: A possible change in the direction of the support line at 0.04704 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.05381
2nd High 0.0532
Next High 0.0511
Current Price 0.048130000
Next Low 0.04704
2nd Low 0.04593
3rd Low 0.04391

0.0511 – 0.0532 – 0.04747 – 0.04704 – 0.04593 – 0.04597 —
0.048680000 – 0.048510000 —
43.211662260612 – 40.818482190385 —
– —
0.0511 – 1781877600

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