CFXUSDT trade ideas
✴️ Conflux Made Easy, New High Within Weeks Or Days? 1,000%This is quite revealing here, this Conflux chart, it is almost screaming out the fact that a new high is soon to follow... Let's have a look, join me!
Conflux Daily (CFXUSDT)
The market moves in waves, strong price fluctuations at all times are quite normal and expected, traders blood. Here we see how CFXUSDT went moot, 100% sideways when it comes to the lower prices after mid-June, what is going on?
This tells us that support has been established and it is strong.
Since prices are moving up now, since the indicators are going bullish and the current session trades above EMA50, we can expect additional growth.
For two months straight support holds, never being tested again, technically higher lows.
This is all we need to know that soon prices will grow.
Strong higher low since the initial bullish wave, we can expect a higher high next and massive for this pair because the same type of action tends to repeat in each phase.
Thousand percentage points growth, expect thousands more, according to the charts.
Namaste.
CFXUSDT Analysis For Long Position!Did Analysis on 1D and 4H TF!
If CFXUSDT Breaks 0.1941 and closes above this then it will reach TP1 and TP2
Wait for the Breakout and i have clearly mentioned the Take profit 1 and TP2!
Breakout and Retest will be a strong Signal!
Do watch for volume and i don't believe in indicators only price action & volume is the key!
CFXUSDT Analysis on 1D and 4H time frame ⏰.
STOPLOSS IS MUST! and depends on your portfolio!
THIS IS NOT A FINANCIAL ADVICE. JUST SHARING MY IDEA WITH YOU GUYS.
DYOR!
Trade safe. :)
CFX PUMPIf we look at the chart, we notice since the beginning of the year a gradual fall of the currency represented in a downtrend
A month ago, we reached oversold levels and the price stabilized
The price approached the trend line, we expect it to be broken and a strong rise in the currency
I apologize that my English is not good
Good luck to all
Targets :
T1 : 0.27$
T2 : 0.34$
T3 : 0.44$
T4 : 0.48$
Did you like my analysis? Leave a comment, like, and follow to get more
CFX Long SetupHello My Friends
Lets Trade Together
Here is my long setup for BINANCE:CFXUSDT.P
#CF/USDT #Futures
LONG
ENTRY: 0.1776
TARGETS:
0.6064/0.6160/0.6256/0.6360/0.6470/0.6584/0.6694/0.6608/0.6939/0.7077
LEVERAGE 7-10X
STOP: 0.1732
Like And Comment if you like post more
thanks for your support
#CFX USDTWhat Is Conflux (CFX)?
Conflux (CFX) is a public layer-1 blockchain that was made to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols.
Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. The protocol uses Turing-complete smart contracts written in Solidity, just like those on Ethereum, and is compatible with the EVM (Ethereum Virtual Machine).
Conflux's growth is fueled by CFX, the platform's native token, which gives users financial incentives to participate and engage more. The token is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network via staking.
Combo correction wave WXY | $0.13Daily chart
BINANCE:CFXUSDT has soared and completed impulse wave at 0.4876 and it's trading around 0.1904 now.
CFX is in the combo correction wave, I think so. On the chart, it shows a first leg (wave A) completed at 0.1665 and happening wave B then wave C
I expect wave C will down around 0.135 - 0.125
Wait and see next move
Conflux CFX: Capturing the China Narrativesomething is going on here.
Hong Kong is allowing retail crypto trading starting in June. It is known that this is a pilot for releasing mainland China. Hong Kong itself has shown serious interest in all tradeshows and crypto conferences. My opinion is that the liquidity for this bull market comes from the Eastern World.
Conflux is building something and I am very bullish on this chain's prospects over many other tokens that could fall into this narrative.