CFX / TetherUS
Short
Updated

#CFX/USDT

268
#CFX

The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the decline with a break below.

We have a support area at the upper limit of the channel at 0.0815.

Entry price: 0.0815
First target: 0.0788
Second target: 0.0763
Third target: 0.0740
Trade closed: target reached
snapshot
#CFX
First target: 0.0788 Reached
Second target: 0.0763 Reached
Third target: 0.0740 Reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.