CFXUSDT trade ideas
This is what I have for CFX on the 1 Hour.This is very RISKY. However CFX had its liquidity sweeped out alongside with bitcoin. There is an equal highs at 0.2928 with an imbalance right above it which is a deadly combo for price magnets. At some point price will be attracted to this area and this is a very good area to fully exit this trade. My stop loss is very tight here.
🔥 CFX First Daily Oversold In 2023 Bounce IdeaCFX has seen incredible gains in the start of the year. However, we've been largely been trading rangebound since the March top.
As of today, CFX's daily RSI is on the edge of being oversold. This is the first time since half December that the RSI has hit daily oversold levels. This is significant because it has taken 6 months for it to happen, hence I'm anticipating bulls to step in.
Keep in mind that we're currently in a news-related event, so volatility is to be expected. The signal will activate once the daily RSI has closed below 30.
CFX FORMING H&S PATTERN 😎☄😎☄😎☄Hi dear traders
As you saw in the previous analysis, we took full profit.
Price has now broken the 0.31 resistance area and formed a bullish H&S pattern.
If the neck line is broken, the price can rise to the specified area and test the daily uptrend line as resistance.
Possible retest 0.31 area as support , if lost this area then price go down to near 0.3 support area.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
CFX Buy Limit 🤓✅🤓✅🤓Hi dear traders
As you saw in the previous analysis, we got full profit.
The price is moving in the descending channel and the RSI is oversold, if the area of 0.2627 and 0.2573 holds, we can open a long position and take profit in the short term.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
CFXUSDT might start upward movementHi Trading lovers
Hope everything goes great.
As we can see, CFX is hitting Daily O.B. and hence it's a strong liquidity area it's likely to starts an upward move. So we wait to see a confirmation candle above the O.B. upper line. There are two inefficiency area which the price probably would hit. Everything are clear on picture.
Tell me what's your idea?
Good luck and make money ;)
Disclaimer:
This is just an idea and not to be consider as an financial advise. Always DYOR coz money doesn't grow on trees.
CFX/USDT Waiting for a good entry! Hey traders 👋
CFX/USDT is net one that caught our attention here. We are looking for some fall here which will lead the price to a potential "Double Bottom" pattern. The road here is long bit for now all we gotta do is wait for that "buy zone."
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CFXUSDTJust 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 & seek advisor's help."
Overview of Cryptocurrency Volatility - 1h, March, 2023.Analysis of the volatility index in March. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. CFX /usdt.p - 1211.77% (High&Low: 2641.12%)
2. STX /usdt.p - 1052.51% (High&Low: 2191.65%)
3. ACH /usdt.p - 1018.25% (High&Low: 2094.36%)
4. MAGIC /usdt.p - 1017.93% (High&Low: 2076.21%)
5. AGIX /usdt.p - 984.41% (High&Low: 2078.51%)
6. MASK /usdt.p - 948.87% (High&Low: 2023.86%)
7. RNDR /usdt.p - 898.77% (High&Low: 1892.08%)
8. SSV /usdt.p - 897.25% (High&Low: 1969.96%)
9. IMX /usdt.p - 896.33% (High&Low: 1892.39%)
10. TRU /usdt.p (Start: 07.03.2023 12:00 Etc/UTC) - 895.61% (High&Low: 1860.32%)
11. COCOS /usdt.p - 888.94% (High&Low: 1785.18%)
12. SNX /usdt.p - 874.79% (High&Low: 1758.15%)
13. LINA /usdt.p - 871.60% (High&Low: 1871.66%)
14. REN /usdt.p - 857.17% (High&Low: 1821.97%)
15. HIGH /usdt.p - 852.51% (High&Low: 1774.44%)
The coins showed the worst result: BNB /usdt.p - 301.11% (High&Low: 607.70%), JOE /usdt.p (Start: 29.03.2023 12:00 Etc/UTC) - 79.41% (High&Low: 199.67%)
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1M, February, 2023.Analysis of the volatility index in February. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (February):
1. CFX /usdt - 259.01% (High&Low: 585.29%)
2. STX /usdt - 221.27% (High&Low: 258.33%)
3. COCOS /usdt - 207.41% (High&Low: 350.22%)
4. DODO /usdt - 93.87% (High&Low: 172.27%)
5. GRT /usdt - 71.85% (High&Low: 167.68%)
6. STG /usdt - 67.69% (High&Low: 129.14%)
7. FET /usdt - 59.93% (High&Low: 127.56%)
8. BLZ /usdt - 52.70% (High&Low: 89.89%)
9. ANKR /usdt - 51.91% (High&Low: 124.24%)
10. NEO /usdt - 46.63% (High&Low: 97.31%)
11. XEM /usdt - 44.32% (High&Low: 113.24%)
12. DUSK /usdt - 42.14% (High&Low: 105.95%)
13. IMX /usdt - 40.75% (High&Low: 79.76%)
14. MTL /usdt - 39.34% (High&Low: 157.03%)
15. PHB /usdt - 39.18% (High&Low: 84.39%)
The coin showed the worst result: BTC /usdt - 0.07% (High&Low: 16.86%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, February, 2023.Analysis of the volatility index in February. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. CFX /usdt - 396.70% (High&Low: 724.65%)
2. COCOS /usdt - 252.56% (High&Low: 568.54%)
3. STG /usdt - 242.04% (High&Low: 419.52%)
4. GRT /usdt - 240.08% (High&Low: 412.45%)
5. HIGH /usdt - 226.14% (High&Low: 472.17%)
6. STX /usdt - 220.43% (High&Low: 504.45%)
7. DUSK /usdt - 220.06% (High&Low: 450.92%)
8. FET /usdt - 218.16% (High&Low: 438.29%)
9. PHB /usdt - 215.55% (High&Low: 432.50%)
10. INJ /usdt - 201.60% (High&Low: 383.71%)
11. MAGIC /usdt - 201.19% (High&Low: 435.49%)
12. RNDR /usdt - 197.10% (High&Low: 442.58%)
13. JASMY /usdt - 195.51% (High&Low: 324.08%)
14. BLZ /usdt - 190.97% (High&Low: 416.32%)
15. OP /usdt - 188.11% (High&Low: 362.62%)
The coin showed the worst result: XRP /usdt - 48.54% (High&Low: 109%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1h, February, 2023.Analysis of the volatility index in February. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. CFX /usdt - 1442.02% (High&Low: 2981.36%)
2. HIGH /usdt - 1104.88% (High&Low: 2350.01%)
3. RNDR /usdt - 1045.63% (High&Low: 2153.33%)
4. STX /usdt - 979.39% (High&Low: 2180.80%)
5. COCOS /usdt - 960.65% (High&Low: 2062.28%)
6. MAGIC /usdt - 933.54% (High&Low: 1976.79%)
7. FET /usdt - 905.54% (High&Low: 1953.33%)
8. ASTR /usdt - 898.78% (High&Low: 1919.20%)
9. DUSK /usdt - 891.55% (High&Low: 1768.47%)
10. PHB /usdt - 888.84% (High&Low: 1901.10%)
11. DODO /usdt - 880.97% (High&Low: 1810.57%)
12. HOOK /usdt - 878.07% (High&Low: 1847.88%)
13. LDO /usdt - 835.25% (High&Low: 1784.49%)
14. STG /usdt - 832.73% (High&Low: 1689.60%)
15. MINA /usdt - 810.43% (High&Low: 1836.91%)
The coin showed the worst result: BTC /usdt - 200.64% (High&Low: 450.56%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
CFXUSD: Inverted Head and Shoulders Trading Above Old ResistanceCFX seems to be showing some bullish price action above the old resistance of $0.2488 all while forming an Inverted Head and Shoulders, confirming Hidden Bullish Divergence and holding above the moving averages on significant timeframes. The Bullish targets would probably be $0.60 then $1.64
✴️ 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.
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Namaste.