#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...
#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...
Good Luck >>
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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.)
CFX/USDT Analysis on Daily Timeframe:
The price is currently attempting to break down from this pattern. If the breakdown happens, we might witness a drop in CFX price by at least 30-50%. I anticipate the price to break down soon, but we'll have to wait and see.
Please remember: this is just an idea. Before making any decisions, it's important to conduct your...
Just 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 &...
Cfxusdt
Short-term : Expecting 10-20% drop
Price rejected second time from trendlime resistance most probably this time it will retest the support zone before next bullish move
Personal opinion not financial advice, do your own resreach
it's time to rest in peace. As you can see, CFX has formed a downward trend. A double top and the formation of lower pivots.The breaking of the trend line can be the trigger for the beginning of the fall. But don't forget that CFX is known as Ethereum Asia in Asia
Hello everyone! Today I'll be brief. There is a possibility that CFX may decrease in value to $0.15.
This is not a financial recommendation, and everything you do, you do at your own risk.
#CFXUSDT
The coin clearly shows weakness. And with any rollback of Bitcoin, the coin will go down.
At the moment I see 2 scenarios:
We test the 0.3870 level and go back down to the 100 EMA on D1
Or, nevertheless, we close H4, H8, D1 with a candle above 0.3877 and break through the price above 0.45 and to the moon.
