CFX/USDT – 4H – BUY

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

An ascending movement up to the next resistance level at 0.04663 is likely expected.

Caution: A possible change in the direction of the support level at 0.04205 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive 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’ going up is 75% (Bull Market) & 74% (Bear Market).

0.04546 – 0.04567 – 0.04663 – 0.04205 – 0.04173 – 0.04139 —
0.046090000 – 0.045920000 —
61.614950660244 – 59.666187270659 —
– —
0.04546 – 1784030400

Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three Outside Up – – –