Another bullish flag pattern on the weekly chart for CXT.
Not confirmed yet.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
Cons:
1- ATR flat, less volatility
2- Post formed without volume
3- Flag not confirmed yet
4- No break out yet
Target price is 76,14$
Stay humble, have fun, make money!
Not confirmed yet.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
Cons:
1- ATR flat, less volatility
2- Post formed without volume
3- Flag not confirmed yet
4- No break out yet
Target price is 76,14$
Stay humble, have fun, make money!
Trade active
Here we go. To 76$.
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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.
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.