Conflux Smart Trade- All in Graphic
- i really doubt it will back to bottom but " who knows ?".
- Now : Nothing to buy yet.
- i do not play a breakout with CFX. Dangerous.
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Trading Part
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Buy : 0.1$ ish ( 10% invest )
Buy : 0.055$ ish ( 20% invest )
Buy : 0.02$ ish ( 70% invest ) ( Bottom )
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TP1 : 0.6$
TP2 : 1.6$ (ATH)
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- Don't be greedy with my numbers.
- Set your own SL if you are a scalper.
- Set your own Take Profit.
- Be Logic & Make Money.
Happy Tr4Ding !
CFXUSDT trade ideas
CFX Bullish Signal! Time to Retest and Boom!Hey Traders! 🌐📈
🚩 CFX Flag Pattern Alert:
CFX has just signaled a flag pattern and successfully executed a breakout! 🚀
🔄 Retest Phase:
It's currently in the retest phase, revisiting the breakout level.
This retest is a crucial step before potential further upside.
💥 Boom Anticipation:
📉 Retesting is healthy; anticipate a strong move upward after this phase.
📊 Technical Analysis:
Use technical indicators to confirm the retest support level.
Look for bullish confirmation signals before considering entry.
💡 Trading Strategy:
Consider entry post-retest confirmation.
Set stop-loss and take-profit levels to manage risk.
🚨 Risk Advisory:
Trading involves risks; trade responsibly and set risk management.
Do your due diligence; this is not financial advice.
🌟 Exciting Times Ahead!
Trade smart and good luck! 🚀💰
CFXUSDT Spot IdeaConflux (CFX) is a public layer-1 blockchain that is more scalable, decentralized, and secure than existing protocols and is designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure.
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 is currently trading at the resistance area. If the price manages to cross $0.2441 and touches the 100 SMMA at $0.2475, then Conflux will resume its bullish short-term trend.
However, if Conflux fails to break out of the resistance area, the price may re-test the support level at $0.2270.
Please note that this is analysis only and not financial advice. The market determines price movements and cannot be predicted with precision. Traders and investors should adjust their risk levels accordingly.
Conflux Network (CFX)Conflux Network is a state-endorsed public blockchain in China, aiming to enhance interoperability and scalability through its Tree-Graph consensus algorithm. This technology allows Conflux to process transactions with increased speed and efficiency, promoting itself as a choice platform for developers and enterprises looking to build decentralized applications.
As of now, the price of Conflux (CFX) is $0.25 with a 24-hour trading volume of $75 million. The price of CFX has risen by 30% in the last 24 hours, showcasing strong market interest and bullish momentum.
Given the current positive trajectory and the unique position of Conflux in the blockchain ecosystem, the next potential price targets for CFX might be $0.35, $0.45, and $0.6.
This trade setup assumes continued market interest and investor confidence in the Conflux Network's strategic initiatives and technological foundation.
CFXUSDT.1DIn this technical analysis of the CFX/USDT daily chart, we're seeing a pronounced downtrend. The price has fallen below the first resistance level (R1) at $0.2862 and is approaching the first support level (S1) at $0.1735. If this support fails to hold, it might result in the price testing the second support level (S2) at $0.1452.
The RSI is just above the oversold threshold at 31.07, indicating that the selling pressure has been strong and may potentially ease if the market perceives the asset as undervalued. The MACD is below zero and showing a bearish histogram, which aligns with the downward movement.
For a trend reversal, we would need to see a close above R1, with the RSI moving out of the oversold region and the MACD histogram trending towards the baseline. However, the current chart suggests that sellers are in control, and traders should be cautious. It's important to look out for any bullish patterns or signs of a momentum shift, but also be prepared for the possibility of a continued downtrend, especially if S1 is breached. Keep an eye on broader market sentiment and news that could impact the price action.
CFXUSDT long Spot TradeCFXUSDT Elliott Wave Technical Analysis
Mode: impulse
Position: Wave (4)
Direction: Wave (4) is still in play
Details: Wave (4) is still in play which I expected to be end around 0.32-0.29 which will be my entry point.
Next Direction: Wave (5)
Target : the area between 0.7-0.77 with 130-150% profit
Wave Cancel invalid level: Daily closing below 0.23 with 26% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
CFXUSDT long Spot Trade / after the last correctionafter the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.
CFXUSDT Elliott Wave Technical Analysis
Mode: Corrective
Position: Wave (c) from Blue (B)
Direction: Wave (c) is still in play
Details: Wave (c) is still in play which I expected to be end around 0.16-0.14 which will be my entry point.
Next Direction: Blue Wave (C)
Targets : 0.498, 0,585, 0.63 with 200-270% profit
Wave Cancel invalid level: Daily closing below 0.1 with 40% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long Trade Position CFXUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry point in fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, move your stop loss below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. If the price reaches or falls below our loss limit before the above condition, entering this transaction is invalid because it must be re-analyzed and the new entry, loss and profit limits must be determined. Note that the market trend is formed with clever tricks by the market maker, so even the most powerful analyzes may be invalidated. The only thing we can do is to surf the waves and stick to our strategy so that while taking care of our capital, Let's make a profit. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
CFX/Usdt analysisHelloo again guys. It's cfx chart now we are toward strong resistance around .3450$ level i believe if price will break it then you can enter for long positiion
First tp around .3650 $ and second is around .38$ level
Guys it's just analysis donot trade only based on this post. Please do your analysis for your trades
CFX/USDT I BUY SETUP✔︎📈 BINANCE:CFXUSDT SIGNAL
✔︎ENTRY : 0.3386 to 0.3270
🏓TARGETS :
✔︎ T1 : 0.3660
✔︎ T2 : 0.3992
✔︎ T3 : 0.4402
✘STOP : 0.3130
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- previous weekly low
2- failure swing point
• Opposite side targets:
1- equal high
2- inducment
3- liqudity void
💡Entry setup
1- reclaim previous weekly low
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
📊#CFX may rise according to the smiley face structure🚀🧠We corrected after breaking out of the all-time highs, had a high probability of a bounce after sweeping the liquidity pools, and successfully constructed a smiley face bullish structure near the buy zone that we may follow to pump.🚀
Let's see👀
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cfx long setup ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer