CFX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.043755 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.04531 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bearish Harami’ candle pattern is discovered. The chart forms ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.04531 – 0.04545 – 0.04546 – 0.04428 – 0.04417 – 0.04205 —
0.044530000 – 0.044490000 —
40.418513288434 – 43.805680140785 —
– —
0.04531 – 1784120400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Harami – – –