CFX/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Conflux/Tether (CFX/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 0.04378 is considered certain.

Caution: A possible change in the direction of resistance at 0.04507 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.04507 – 0.0446 – 0.04444 – 0.04378 – 0.04342 – 0.04261 —
0.044630000 – 0.044320000 —
54.120877991278 – 48.254791872691 —
– —
0.04507 – 1783000800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –