The pair Conflux/Tether (CFX/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 0.04321 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.042610000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04456 |
| 2nd High | 0.0445 |
| Next High | 0.04321 |
| Current Price | 0.043250000 |
| Next Low | 0.042610000 |
| 2nd Low | 0.04196 |
| 3rd Low | 0.04168 |
0.04321 – 0.0445 – 0.04268 – 0.042610000 – 0.04196 – 0.04168 —
0.042740000 – 0.042940000 —
48.297526078922 – 54.014307627243 —
0.042610000 – 1782894600 —
0.04321 – 1782880200