CFX/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 0.046 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.04494 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.04663
2nd High 0.04609
Next High 0.046
Current Price 0.046090000
Next Low 0.04494
2nd Low 0.04442
3rd Low 0.04418

0.046 – 0.04555 – 0.04609 – 0.04494 – 0.04442 – 0.04442 —
0.046690000 – 0.046000000 —
60.967946530171 – 39.908595108361 —
– —
0.046 – 1784269800

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