CONFLUX (A Possible Bullish Scenario)
CFX made unfortunately a fake break out back in Mar 2024.
The best possible bullish scenario rn imo would be a fake break of Oct 2023.
Passing $0.165 is cancelation of the idea because it would be very bullish for cfx
$0.075 would be a good entry due to the Fibonacci cluster around $0.070 : $0.075
Breaking $0.048 is the first invalidation.
Breaking $0.022 is the final invalidation.
The best possible bullish scenario rn imo would be a fake break of Oct 2023.
Passing $0.165 is cancelation of the idea because it would be very bullish for cfx
$0.075 would be a good entry due to the Fibonacci cluster around $0.070 : $0.075
Breaking $0.048 is the first invalidation.
Breaking $0.022 is the final invalidation.
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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.
Related publications
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.