CFX/USDT – 30M – BUY

The pair Conflux/Tether (CFX/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 0.04507 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.04378 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.04507 – 0.0446 – 0.04444 – 0.04378 – 0.04378 – 0.04342 —
0.044940000 – 0.045630000 —
72.255778802798 – 70.949630945104 —
– —
0.04507 – 1783000800

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