The combination Conflux/Tether (CFX/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.04663 is expected.
Caution: A possible change in the direction of support at 0.04442 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0511 |
| 2nd High | 0.04945 |
| Next High | 0.04663 |
| Current Price | 0.046170000 |
| Next Low | 0.04442 |
| 2nd Low | 0.04418 |
| 3rd Low | 0.04205 |
0.04609 – 0.04545 – 0.04546 – 0.04442 – 0.04418 – 0.04205 —
0.046780000 – 0.046270000 —
66.112681200317 – 55.211370253039 —
– —
0.04609 – 1784178000
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bullish Belt Hold – – –