Hawkish on $CFX
Updated
I am super hawkish on CCFX Conflux Network. This coin has been making waves since past one month now with new partnerships and securing millions of funding.
Sometimes fundamental analysis plays bigger role than technical analysis. This time I am only going with the fundamental reasons behind entering this trade.
CCFX is checking the boxes of growth all along, also the market right now is bullish, volume on CCFX is above the average, makes it a right time to enter and hold Long.
Though I always exit below resistance this time I am hawkish and want to see it go above breaking resistance and reaching upper limit of 0.5, let's see how it plays out.
Sometimes fundamental analysis plays bigger role than technical analysis. This time I am only going with the fundamental reasons behind entering this trade.
CCFX is checking the boxes of growth all along, also the market right now is bullish, volume on CCFX is above the average, makes it a right time to enter and hold Long.
Though I always exit below resistance this time I am hawkish and want to see it go above breaking resistance and reaching upper limit of 0.5, let's see how it plays out.
Trade active
Brought SL to breakeven.Comment
Almost hit the target.
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