TradeCityPro | CFXUSDT A Wild Week of Volatility Ahead?👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze another altcoin in the market, CFX, which is likely to experience a highly volatile week ahead, offering great trading opportunities.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
🕒 Weekly Time Frame
CFX stands out as an older coin with prior bull-run experience. It’s trading above last year’s lows and hasn’t experienced steep declines.
Yesterday, we analyzed this coin briefly, but today, we’ll go into more detail. Unlike most altcoins that began their bullish moves from their lowest levels, CFX has already started its upward trajectory from 0.1219.
Fibonacci analysis shows that 0.1219 aligns with the 50% retracement level—a significant support both in Fibonacci terms and Dow Theory. After forming a range around this level and breaking the 0.1810 trigger, the coin moved toward its first target at 0.2596.
However, we were rejected at 0.2596 and even lost the critical support at 0.1087, dropping to the next support at 0.0647. Currently, it appears we’re pulling back to the key 0.1087 level.
📊 Daily Time Frame
On the daily chart, CFX was in a ranging box, forming higher lows. A breakout above 0.1851 was accompanied by a strong entry candle with buyer momentum, an RSI entry signal, and volume confirmation. Stop-loss was set at the daily low of 0.14.
If you followed this trigger, you’re likely in profit despite the current red daily candle. This correction is healthy, as an uptrend without pullbacks or red candles is often unsustainable.
After breaking the daily box between 0.1046 and 0.1230 and losing its support with an engulfing candle, we experienced a downward move to 0.0647. From there, sellers effectively exited the market, and buyers showed strength. After breaking 0.0823, we formed higher highs and lows. Now, after breaking 0.1046, we can consider buying for spot, with the main trigger being a break of 0.1230.
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
CFXUSDT trade ideas
CFXUSDT | Sellers Still in ControlI’ve seen this pattern before. CFXUSDT is still under pressure from strong sellers , and nothing has shifted yet to flip the bias.
The red box remains a key resistance. Until that level is clearly broken and turns into support with a proper retest, there’s no reason to look bullish .
If you're patient and wait for structure to shift, you’ll avoid the traps most traders walk into.
“I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long.”
This is how high win rates are built . Not by guessing, but by reacting to confirmation.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
📊 Simple Red Box, Extraordinary Results
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Next stepFrom the historical chart data, we find that there were three historical waves that fell, three historical waves that rose, and three historical waves that remained, compounded, in order for the shape to be wxy.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
CFX/USDT BREAKOUT ALERT
CFX/USDT BREAKOUT ALERT
CFX/USDT has already broken out of the bull flag pattern and is showing bullish momentum. Since a bull flag is typically a continuation pattern, this breakout suggests the potential for further upside.
However, if the price drops back into the flag structure, it could turn out to be a fakeout. Watch closely to see if the breakout holds or fails.
Key point:
Sustained price action above the breakout = bullish confirmation
Drop back inside the flag = potential fakeout
Stay alert and manage risk accordingly.
#CFX/USDT#CFX
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the decline with a break below.
We have a support area at the upper limit of the channel at 0.0815.
Entry price: 0.0815
First target: 0.0788
Second target: 0.0763
Third target: 0.0740
CFX Ready For Another Leg To The Upside?It has been a while since taking much interest in our favorite crypto projects. After massive gains straight out of the bear market most of that interest has sold off.
Previously we were targeting the 5 cent range and appear to be getting very close.
Current Trading Plan:
Looking at proportional relationships in the price chart to gauge potential moves we can see the average range size seems to be about 400%. After completing a traditional ABC pattern it has moved into our potential accumulation window. Currently looking to accumulate and hold for potential 10x IF the entire market follows.
CFX ANALYSIS📊 #CFX Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a good breakout and currently retests from the major resistance zone🧐
Pattern signals potential bullish movement incoming after a successful retest
👀Current Price: $0.0775
🚀 Target Price: $0.1210
⚡️What to do ?
👀Keep an eye on #CFX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#CFX #Cryptocurrency #TechnicalAnalysis #DYOR
CFXUSDT UPDATECFXUSDT is a cryptocurrency trading at $0.0788, with a target price of $0.1400. This represents a potential gain of over 80%. The technical pattern observed is a Bullish Falling Wedge, indicating a possible trend reversal. This pattern suggests that the downward trend may be coming to an end. A breakout from the wedge could lead to a significant upward movement in price. The Bullish Falling Wedge is a positive indicator, signaling a potential price surge. Investors are showing optimism about CFXUSDT's future performance. The current price may present a buying opportunity. Reaching the target price would result in substantial returns for investors. CFXUSDT is positioned for a potential breakout and significant gains.
#CFX/USDT#CFX
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0950
Entry price 0.1000
First target 0.1033
Second target 0.1073
Third target 0.1123
CFX roadmap (3D)By analyzing the complete CFX data, it can be observed that wave C of a larger structure has been completed.
Wave C formed a triangle, and its final wave, wave E, has also been completed.
It is expected to remain bearish in the long term and eventually deliver good returns from the green zone in the future.
A daily candle closing above the invalidation level will invalidate this outlook.
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 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1455
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1500
First target 0.1570
Second target 0.1660
Third target 0.1743
#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 Analysis: Potential Breakout After Double Bottom Formatationhello guys!
Double Bottom Formation: The price has established a solid support zone around $0.1504, forming the base of a double bottom pattern. This structure indicates buyer strength and the potential for upward movement.
Target Level: The breakout target is set at $0.1564, which aligns with a previous resistance zone. This level represents the next hurdle for the bulls.
Two Scenarios:
Scenario 1: A direct continuation of the bullish momentum towards the $0.1564 level.
Scenario 2: A pullback to retest the neckline ($0.1504-$0.1510 area) before a potential rally to the target.
Stop Loss Placement: A break below $0.1483 would invalidate the bullish setup, making it a suitable stop-loss level for risk management.
___________________
Strategy:
For Long Positions: Enter on a breakout above $0.1539 with a target of $0.1564. Alternatively, wait for a retest of the neckline before entering.
Risk Management: Place a stop-loss below $0.1483 to limit downside risk.