The pair Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.04844 is likely expected.
Caution: A possible change in the direction of support at 0.04378 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0511 |
| 2nd High | 0.04945 |
| Next High | 0.04844 |
| Current Price | 0.045810000 |
| Next Low | 0.04378 |
| 2nd Low | 0.04342 |
| 3rd Low | 0.04261 |
0.04507 – 0.0446 – 0.04444 – 0.04378 – 0.04378 – 0.04342 —
0.045630000 – 0.045620000 —
67.379568883389 – 59.582433913233 —
– —
0.04507 – 1783000800
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –