CFX/USDT – 1H – BUY

The combination Conflux/Tether (CFX/USDT) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.04507 will persist.

Caution: A possible change in the direction of the support zone at 0.04378 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.04507 – 0.0445 – 0.04295 – 0.04378 – 0.04196 – 0.04168 —
0.044370000 – 0.045360000 —
56.741540540144 – 68.976163976247 —
– —
0.04507 – 1783000800

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –