CFXUSDT Breaks Double-Bottom ResistanceCFXUSDT Technical analysis update
CFX/USDT price found strong support at $0.10 and bounced 110% from this level, forming a potential double-bottom pattern. The price is now breaking the neckline resistance on the daily chart while trading above the 100 and 200 EMA. This setup indicates a possible 100-200% bullish move from the current levels.
Cfxusdtbuy
#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
#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/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
CFX Bullish Signal! Time to Retest and Boom!Hey Traders! 🌐📈
🚩 CFX Flag Pattern Alert:
CFX has just signaled a flag pattern and successfully executed a breakout! 🚀
🔄 Retest Phase:
It's currently in the retest phase, revisiting the breakout level.
This retest is a crucial step before potential further upside.
💥 Boom Anticipation:
📉 Retesting is healthy; anticipate a strong move upward after this phase.
📊 Technical Analysis:
Use technical indicators to confirm the retest support level.
Look for bullish confirmation signals before considering entry.
💡 Trading Strategy:
Consider entry post-retest confirmation.
Set stop-loss and take-profit levels to manage risk.
🚨 Risk Advisory:
Trading involves risks; trade responsibly and set risk management.
Do your due diligence; this is not financial advice.
🌟 Exciting Times Ahead!
Trade smart and good luck! 🚀💰
#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
cfxusdtCFX analysis:
Price has been rejected from the resistance area and is now ranging between the support and resistance levels. Now the price is at support area if it can hold it , you can open a long position with tight stoploss(spot)
Local Support Area: $0.168-$0.174
Next Support Area: $0.132-$0.148
Major Support Area:
$0.10-$0.11
Local Resistance Area:
$0.199-$0.205
Major Resistance Area: $0.235-$0.254
The two CFX targets are +44% and 117% from current values.Hey, everybody!
How bullish CONFLUX looks!
There are upside signals on absolutely all timeframes.
On the weekly timeframe a bullish candle has formed, which absorbed all the previous weeks of consolidation and price decline.
The main restraining factor for the price growth now is EMA 200, after its breakdown I expect the continuation of growth up to the area of ~$0.226 (+44%), and then the final target is 0.618 by Fibo 0.339 (+117%) from the current values.
This is not financial advice, everything you do is at your own risk!
CFX / CFXUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
CFXUSDTJust like the previous chart I mentioned for cfx, it lost its support and went out of the trend line. Now we are witnessing rebalancing and returning to the trend line. I think we will see a downward trend in the long term.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
CFXUSDT IdeaCFXUSDT CFXUSD BINANCE:CFXUSDT CRYPTO:CFXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Conflux Network (CFX) formed a bullish Gartley upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
In the recent trade setup, CFX was very close to complete the final leg of a bullish BAT , but pumped before entering the buying zone as below:
Now this time on a 4-hr time frame, CFX has formed a bullish Gartley move for another bullish reversal move 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) 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 for upto 24% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Previously we caught a very nice pump of CFX:
Now on a 4-hr 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
Conflux Again- CFX had a lack of power but i always liked this project because Conflux Network is favored by Chinese Government to start CDBC.
it could means a lot because they will have to adopt cryptos at one point.
- Can check some Prepump news here :
www.coindesk.com
- Like is said many times, the goal is to buy a product before peoples buy, and drop when regulars peoples fomo buy in.
- We want to be on the train before the start :D
- That said, i also Mine CFX and the returns is better than mining ETH, despite the price now.
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Trading Plan
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You can see in the graph an oscillating corridor in BB (Yellow Corridor) . it means CFX is still consolidating in an accumulation zone.
Buy : 0.33$ (Buy a bit)
Rebuy : 0.17$ (All in)
Tp1 : 0.49$ (Security TP)
Tp2 : 0.98$
Tp3 : 1.35$
Stop Loss : No need
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Play Wisely & Happy Tr4Ding !
CFX/USDT 1HOUR UPDATEWelcome to this quick cfx/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Entry:- 0.31, 0.32
Traget:-
T1:- 0.33
T2:- 0.35
T3:- 0.37
Stoploss:- 0.29
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
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Thank you...