CFX/USDT – 1H – BUY

The combination Conflux/Tether (CFX/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 0.04507 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.04378 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.04507 – 0.0445 – 0.04295 – 0.04378 – 0.04196 – 0.04168 —
0.044230000 – 0.044490000 —
49.579252051666 – 58.173133132589 —
– —
0.04507 – 1783000800

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