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Conflux

Our attempt to identify the next "pump coin". CFX long trade #10While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value stood still or grew slightly, they moved in the 1-2% range., some coins have been pumping like as: FLM, GTC, PERP, UNFI, Cyber, TRB etc... This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required. Enter = 0,1281 Stop = 0,1243 ( -3%) TP1 = 0,1960 ( +53%) TP2 = 0,2780 ( +117%) P/L ratio = 39.5 According to these conditions, with a position size of $5000, the amount of potential loss is $150, and the potential profit is TP1 = $2650 or TP2 = $5850 Depending on the dynamics of price growth, we will decide where to record profits in real-time. Therefore, if you are interested in watching for this trade, write a comment, put a like, and you will receive a notification when we update the idea.
Long
by P_S_trade
29
Nice Breakout 🐼- Triple confirmation ☑️☑️☑️CFX (Conflux) has performed well today with an impressive breakout. It comes with 3 confirmations: ☑️Price broke higher over the wedge, ☑️Managed to jump over Professor's EMA, ☑️Overcame the technical obstacle of Fib Resistance The news are also very promising: Conflux partners with World Mobile as WMT token bridges outside of Cardano A new partnership between Conflux Network (CFX), China’s first regulatory-compliant public blockchain, and World Mobile, a global mobile network based on blockchain, aims to expand blockchain-based mobile access. The collaboration follows the successful launch of Conflux’s BSIM, which saw its CFX token surge over 100%. It focuses initially on four key strategic areas: Public bridging, tech integration, Asian and African market expansion, and blockchain-based SIM card development, according to documents seen by CryptoSlate, Partnership goals and focus. Public bridging will involve World Mobile Token (WMT) transitioning from the Cardano blockchain to the Conflux blockchain ecosystem, marking the first bridge for the mobile network’s native token outside the Cardano ecosystem. The focus on tech integrations will see Conflux and World Mobile working together to integrate the Conflux network into World Mobile’s sidechain, AyA, thus bringing EarthNode capabilities and financial settlement to the Conflux network. Further, the partnership will look to the Asian and African markets, leveraging their strengths to increase connectivity, drive user acquisition, and further market penetration. Conflux’s CFX ranks among Nigeria’s top three most popular cryptocurrencies, a significant development since Nigeria accounts for nearly 67% of crypto interest in Africa. The final prong of the strategy regards blockchain-based SIM card development, where the partners will investigate how World Mobile can optimally utilize Conflux’s blockchain-based SIM card to increase digital connectivity access worldwide. YuanJie Zhang, Co-Founder of Conflux, emphasized the importance of global partnerships in pushing the boundaries of Web3 adoption. “Conflux Network takes its mission to push the frontier of Web3 adoption at a low cost, with fast speed and decentralized security, very seriously,” Zhang said. Looking GOOD! One Love, The FXPROFESSOR 👋 ps. 🥟 Conflux Network (CFX) is China’s first regulatory-compliant public blockchain 🐼
Long
by FX_Professor
1
CFXUSD Double bottomed and is looking for +45% rally.Conflux (CFXUSD) made a low two days ago on the 0.1725 Support and along with the June 15 Low, makes so far a Double Bottom formation. It is no surprise then to see the price on a strong 1D candle today, headed towards the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the March 19 High is a Channel Down, so if the Double Bottom breaks, we will sell and target a new Lower Low at 0.1000. Until it does though, the Double Bottom is a formation capable of breaking above the Channel Down, so we will take a long on the current price and target the 0.382 Fibonacci retracement level from the top (0.29000) which is the bottom of the High Volatility Zone (and now Resistance Zone) of the 0.5 - 0.382 Fib range. That move represents a +45% rise from the current value. Beyond that, we will buy only if the price breaks above the 0.618 Fib and target the March 19 High at 0.488000. Notice the 1D RSI, which is completing an Inverse Head and Shoulders pattern, a typical bullish reversal formation. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:CFXUSDLong
by TradingShot
2
✳️ 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.
Long
by AlanSantana
✴️ Conflux Keeps Growing After 2,144%?One of the Altcoins that did best in the initial 2023 bullish breakout was Conflux and this is clearly seen by the numbers on the screen. The wave that started in late December 2022/early January 2023 peaked mid-March at an astonishing 2,144%. As it is normal, a long correction phase followed this massive wave. ✔️ CFXUSDT dropped from mid March through 12-May, when a hammer candlestick showed up. We know the hammer to be a strong reversal signal when it comes at the end of a correction. The hammer cannot work by itself and we look/wait for confirmation which is coming in today. ✔️ CFXUSDT is moving above EMA10, EMA21 and EMA50 with a strong 55.5 RSI. This type of action can lead to additional growth and for this pair to hit a new high. Analysis valid as long as the current price remains above the 12-May wick low. Remember to follow me if you enjoy the content. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
CFX - One of the Few Alts I can dare to buy atmSituation is scary, I know. Debt ceiling, war in Ukraine, inflation, people around the world are divided for a billion different reasons etc etc...yes, ok Go short, allow me to go Long on CFX: What do I need as a trader? Good news and a good valid chart. So here we goi: News: Conflux and China Telecom Debut First On-Chain Interaction With Blockchain SIM Card Conflux Network, the first regulatory compliant public blockchain in China, and global communications network, China Telecom, today unveiled its jointly developed BSIM (blockchain SIM) card at the Xuhui District West Bank Artificial Intelligence Center in Shanghai. In a world first, the BSIM card is a mobile user identification card based on blockchain technology. With an appearance nearly identical to traditional SIM cards, the BSIM card is fully compatible with mainstream mobile terminal systems such as Android and iOS. It also boasts storage space 10-20 times larger than traditional SIM cards and computing power several dozen times greater. Alongside traditional communications functions, the BSIM card also can generate and store users’ public and private keys within the card. CHART: I see support on 2 of my set ups and my moving average confirms. So i am Long here with stop loss 0.284 If it goes against i am ok to lose what i risk.. if it goes well i make more than i risk multiplied. Targets for me is 0,37 and 0.41 for now. One Love, The FXPROFESSOR PS. Yes, i know, situation is bad everywhere and everything, i know: we will go Big time shorts but you have no idea where yet and when. It will come! Stick around buddies and let me know on the comments what do you think i will short BIG TIME soon!
Long
by FX_Professor
4
CFXUSD The 1D MA50 distinguishes buying from selling.Conflux (CFXUSD) is testing the 1D MA50 (blue trend-line) today near the top of its March Channel Down. With the 1D MACD on a Bullish Cross and the 1D RSI rebounded from the (nearly) oversol 30.00 territory, a 1D candle closing above the 1D MA50, will be a bullish break-out signal first towards Resistance 1 and then the -0.5 Fibonacci extension at 0.93000. Until the 1D MA50 break-out, it is more likely that the Channel Down continues to drop steadily and if the price closes below it, sell more aggressively towards the 1D MA200 (orange trend-line) and 0.17000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:CFXUSD
by TradingShot
6
✳️ 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.
Long
by AlanSantana
2
CFXUSD Triangle broken upwards. $0.7500 is the target.Conflux (CFXUSD) broke above the short-term Triangle and technically should extend the enormous +2200% rise since December's Low. We are targeting the 0.786 Fibonacci level at 0.75000. During this rally, the 1D MA50 (blue trend-line) has been supporting, so technically as long as it holds, CFX is a buy. If a 1D candle closes below it, we would expect the market to seek buyers and confirmation of the long-term bullish trend on the 1D MA200 (orange trend-line) and the 0.13650 Support. Until that happens, every MACD Bullish Cross is a buy confirmation (one is now emerging). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:CFXUSDLong
by TradingShot
3
CFX - SCALABILITY ITSELF 🧩Conflux Blasts Off Nearly 40% In Single Day – Will CFX Soar Higher Amid Banking Crisis? Well, $CFX price tells everything! +160% in 4 successive days, this only shows how confident the investor is. You missed getting in early? no worries, technically $CFX is faceing a double top resistance and early buyers are most likely to take profits at this level, a healthy correction towards $0.25 is likely in next few days so make sure you set your alerts! Regarding my risk management for this trade, I am looking for buys at 50-60% correction and targeting $0.5 for TP which is ~2X return. Make sure you follow me for more solid investment ideas.
Long
by dogofwallstreets
CONFLUX- Amazing Structure ✔️First time i heard from these guys all i said was: 'The Chinese are back'! And they are the good kind of China men and women. My good friends in Hungary also involved in the project and it took me a bit of research and studying to say: ''I LIKE THIS!!!'' I've been involved with trading CFX and it's been great to me (i did close a trade with losses before re-entering at 0,31 couple of days ago. Spot? That I am not selling yet). I see potential for 0,79$ here but I am used to taking profit partially and will do so at 50c and 63c. The project is innovative, they even asked to interview me as a Key opinion leader to develop something interesting for people like me that do charts. i liked the idea but can't share more. I can tell you one thing though: This Team is full of energy and they stand for hard work! Unlike many cryptos out there they seem to be delivering and i can bet some money on them, i think they will do great! One Love, The FXPROFESSOR
Long
by FX_Professor
2
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. --------------------------------------------------------------------------------------------------------------------------------------------------------- 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.
Long
by pejman_zwin
2
Balanced Market Sentiment and Unique Competitive AdvantagesConflux (CFX) is currently trading at $0.1910 area in the daily timeframe, and its RSI is at 52. The asset is neither overbought nor oversold at the current price level, which indicates a balanced market sentiment. When looking at the Fibonacci retracement levels in the daily timeframe, the 0.3669 level appears to be the primary resistance level, while the 0.2077 level acts as a support level. The price has recently bounced off the 0.2077 level, indicating strong buying support at that level. The 1 fibonacci level stands as the next potential support if the price continues to fall. The Bollinger Bands in the daily timeframe provide further insight into the asset's volatility. The upper Bollinger band is currently at 0.2865, and the lower Bollinger band is at 0.1346. The middle Bollinger band, which is the 20-day moving average, is at 0.2106. The price seems to be trading around the middle Bollinger band, indicating that the market is currently balanced, and the asset's volatility is stable. The volume oscillator is currently at 3.80%, indicating a moderate level of trading activity in the asset. The MACD, which is a trend-following momentum indicator, is currently at 0.0059, which suggests a weak bullish momentum. The Stochastic oscillator, which measures the strength of the asset's momentum, is at 47.03. The reading suggests that the asset is not currently overbought or oversold. Conflux's unique Tree-Graph consensus algorithm enables parallel processing of blocks and transactions, which increases throughput and scalability. Additionally, 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. Overall, the technical analysis suggests that Conflux is currently trading at a balanced market sentiment, with moderate trading activity and stable volatility. The asset's unique features, such as its high throughput and regulatory compliance, could provide a competitive edge in the blockchain industry, particularly in Asia. However, investors should consider additional factors such as market trends and news developments when making investment decisions.
by MonoCoinSignal
4