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
CFXBTC
Uptrend reversal point: above 0.1350Hello?
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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.
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** 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.
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✳️ 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
CFX - Counter StrategyStill in the short from 0.48 but considering alternative outcomes.
The ceiling is at 0.77 and presents a realistic target for early April. Interestingly this is the trend based Fib indicates a key level of resistance there. I'm considering a sizable hedge.
Best, Hard Forky
Local Short
CFX CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CFX symbol.
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(CFX), a project with 💲2000% profit💲 (🗺️Roadmap🗺️)!!!Today let's take a look at the Conflux project, which has grown nearly 😱➕2000%➕ 😱in the last 80 days.
First, let's see what kind of project Conflux is.
Fundamental :
Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability.
As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem.
Despite the recent banking collapse in the United States that has become a source of worry for those in the crypto industry, some cryptocurrency projects emerge unscathed, and CFX is one of them.
Also,The Conflux is the only blockchain in China that complies with legal requirements and utilizes the Tree-Graph consensus mechanism for increased throughput and scalability.
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Technical :
Conflux started its impulse waves after breaking the important downtrend line.
In order to know whether we still have the opportunity to invest in the Conflux project token(CFX), we must examine the current technical conditions of this token.
Conflux confirmed the start of wave 5 after breaking the 🔴resistance zone($0.362-$0.320)🔴 by 🟢bullish Marubozo candle (standard)🟢 and it is likely that wave 5 will continue until the 🔴heavy resistance zone($0.832-$.0635)🔴; as a result, the CFX token may grow by 👍+60%👍.
As long as Conflux does not lose its uptrend line and confirms the uptrend 50-SMA and 50-EMA, we can hope for the target of 👍+60%👍.
Conflux Analyze ( CFXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
✳️ Conflux Network Grows 160% Since Previous Trade IdeaConflux Network (CFXBTC) produced great growth since the trade idea we shared 7-Feb. but, can there be more?
See the previous trade idea below:
What gave away the initial price jump was the high increase in buying power, trading volume.
Looking at the same signal, we can see really strong volume once again.
This tells us that there can be additional growth.
Namaste.
Conflux Network (CFX) forming bullish BAT for upto 41% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Recently we caught a almost 270% pump of CFX as below:
Now on a 2-hr time frame, CFX is about to complete the final leg of a bullish BAT move for another pump soon.
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
Conflux Network (CFX) formed bullish Gartley | upto 18.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with Bitcoin pair.
On a daily time frame, CFX has formed a bullish Gartley pattern:
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