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CFXUSDT trade ideas

#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.
Long
by aytekus
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.
Long
by SnarkyPuppy
2
CFXUSDT BULLFLAG BREAKOUTHello Tradingview friends! Make sure to LIKE and FOLLOW for more chart ideas! Today i am bringing you my view on CFXUSDT and the bull flag i believe CFXUSDT has formed and is showing signs of strength and a potential breakout! What does bull flag mean? A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag. Thanks. Liquidmex
Long
by Liquidmex