#CFX/USDT#CFX
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1242
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1485
First target 0.1621
Second target 0.1770
Third target 0.1955
CFXBTC
#CFX (SPOT) entry range(0.1200- 0.1600) T.(0.4630) SL(0.1181)BINANCE:CFXUSDT
entry range (0.1200- 0.1600)
Target1 (0.2230) - Target2 (0.3330) - Target3 (0.3900) - Target4 (0.4630)
SL .1D close below (0.1181)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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CFX ROADMAP (1D)From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle.
Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We are looking for buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#CFX/USDT#CFX
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.1260
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.1340
First target 0.1420
Second target 0.1500
Third target 0.1580
CFX explanationCFX update! I am holding it.
We took a CFX trade back then; it gave 50-55% profit on spot with its first target being hit. Then we bought CFX at $0.28 for mid-term on spot without a stop-loss. I expect it to run along with APT when APT will pump. Holding it tight.
It will have its day.
CFX looks bullishThe price compression is seen on the support.
We have a bullish iCH on the chart.
The trigger line is broken.
By maintaining the demands, it can move towards the targets.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#CFX/USDT#CFX
The price is moving within a bearish channel on a 1-day frame and is strongly committed to it.
We have a support area at 0.1935 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 0.2100
The first target is 0.2677
The second target is 0.3079
The third goal is 0.3537
CFXBTC CFXUSDT to the infinite /500-1000% pump in April-MayHi my lovely followers, I hope you are fine.
I want to share my ideas about one of th best projects in crypto space.
It is definitly Conflux/ $CFX/ Which will be one of few winners in 2024. It will record new highs createding unforgetable and Legendary story in crypto space.
I'm sure with BSIM+ BTC L2/staking BTC on CFX+ Hong Kond dollar stablecoin launch/ in April-May 2024 + #AI+#RWA+#DEPIN+#NFT+#GAMING+#DEFI conencted with Conflux is coming.
As you see on my weekly CFXBTC chart it is mega bullish, it broke long term accumulation phase made a beautifulo retest and ready to go parabolic. This is 3rd wave which will be more aggressive than previous 1st wave back in 2023 Q1 when it jumped x10, CFX completed its wave 2 correction and started its MMBM which will send it significantly higher towards 2.4-3$+ in April-May.
Don't forget to check all analyses below this tweet, where you will find more details/CFXUSDT chart, CFX-FET identical charts.
Please like, commenct and hit follow bottun.
#CFX/USDT#CFX
The price has been trading in a bearish channel since April 2022
The price recently broke this channel strongly
The price also broke the moving average of 100 on the frame 1 D .
We had a strong support area at price 0.1000
The price rebounded upward
The price now is 0.1783.
First goal of 0.2015 .
Second goal 0.3288 .
This rise is supported by oversold conditions on the MACD
And the free moving momentum after it was broken
It is expected that the price will take some time with corrections to reach the second target
#CFX/USDT#CFX
The price is moving in a bearish flag on the 4-hour frame
We are now on the verge of breaking the channel upwards
After the price rebounded from touching the uptrend as a support area at the .2200 level
We have stability above moving average 100
We also have support from the RSI indicator
Current price 0.2233
First target 0.2266
Second target 0.2331
Third goal 0.2401
CFX/BTC - Conflux Network: Trend Reversal◳◱ On the $CFX/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00000526 | 0.000006 | 0.0000072 and support near 0.00000406 | 0.0000036 | 0.0000024. Entering trades at 0.00000495 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Conflux Network
▣ Rank: 94
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Conflux Network is a smart contract platform that features a Turing-complete state machine built atop a high-throughput consensus protocol. Conflux reaches an agreement on transaction validator based on the total order of blocks organized in a Tree-Graph, a novel consensus mechanism that scaling benefits relative to existing blockchains. It also uses Proof-of-Work (PoW) to supplement its Tree-Graph consensus protocol. Conflux has a native token called CFX that serves as the reward for network miners and as a means for paying transaction fees.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000495 ₿
▣ 24HVol: 25.206 ₿
▣ 24H Chng: 10.0%
▣ 7-Days Chng: 12.51%
▣ 1-Month Chng: 6.03%
▣ 3-Months Chng: 30.72%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000526 | 0.000006 | 0.0000072
◢ Support: 0.00000406 | 0.0000036 | 0.0000024
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.73
▣ Last 90D: 1.04
▣ Last 1-Y: 1.70
▣ Last 3-Y: 0.46
◲◰ Volatility :
▣ Last 30D: 1.08
▣ Last 90D: 1.18
▣ Last 1-Y: 1.96
▣ Last 3-Y: 1.81
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.62 - Bullish
▣ In-depth CFXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CFX has a drop aheadThe CFX symbol is near a fresh resistance that is higher for the time frame. It has collected several liquidity pools.
Weakness can be seen in the recent movement and the liquidity pool has been formed below the price. It is expected to drop and correct when it hits the red boxes.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Uptrend reversal point: above 0.1350Hello?
Hello traders!
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-------------------------------------
(CFXUSDT chart)
The key is whether the price can be maintained by rising to the 0.1953-0.294 range.
(1W chart)
Accordingly, it is necessary to check whether support can be received by rising above 0.1350.
(1D chart)
If the price rises above 0.333 and holds, it is expected to create a new wave.
The key is whether it can receive support around 0.1212-0.1282 and rise to around 0.1640-0.1882.
Otherwise, if it shows resistance below 0.1212, it may fall to around 0.0792, so you need to think about a response plan.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
✳️ Conflux vs Bitcoin After A 1,367% Bullish WaveThe chart for CFXBTC looks identical to the chart for CFXUSDT.
If you want more context for this analysis, start by reading the "✴️ Conflux Keeps Growing After 2,144%? " trade idea in the 'Related Ideas' below.
Let's get started... This should be quick.
We have a massive 1,367% bullish wave earlier this year followed by a classic correction.
We saw in February two corrective waves, short length and duration.
We then saw two corrective waves but long in duration... Perfect in accordance with Elliots rule of alternation.
After the correction is over we can get additional growth.
This is shown on the chart by 1,2 UP; 1,2 UP.
This analysis stays valid, always, above the 12-May hammer low.
Namaste.
CFX CAN MAKE A BIG CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CFX symbol.
It seems that wave E is a diametric uptrend of a triangle that is terminated and moves down for wave F
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ Conflux | Very Strong Everything (Name Your Altcoin #13 ✅)Here everything that is happening with Conflux (CFXBTC) is very strong on the bullish side.
We have 'very strong' volume on the 23-January week.
We have a 'very strong' RSI for CFXBTC.
We have a 'very strong' bullish breakout.
We have 'very strong' potential at 300%+.
This weeks price continues upward challenging the EMA50 resistance at 0.00000295.
Closing above this level is strongly bullish and precedes higher prices.
It looks good.
Namaste.
Conflux Network (CFX) formed a bullish Gartley upto 32.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network (CFX) token with BTC pair.
Previously we caught more than 22% pump of CFX as below:
Now On a daily time frame, CFX has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade