CFX analysisHello friend,
CFX seems getting ready to go up. This can be a good opportunity to go Long.
But be careful! If BTC crash, then this plan will not work anymore.
CFXUSDT trade ideas
$cfxusdt short and long tradeentry and Tp are on the chart. we will make money from short and long. dont miss this trade
CFX the Big Bang CFX is forming H&S in the monthly frame.
You will see a big uptrend that you will not believe.
10$ is easy to reach.
The coin has a partnership with Fetch.ai
Also it is the biggest Chinese blockchain.
see you in 2025
#CFX/USDT#CFX
The price is moving in a bearish flag on the 4-hour frame
We are now on the verge of breaking the channel upwards
After the price rebounded from touching the uptrend as a support area at the .2200 level
We have stability above moving average 100
We also have support from the RSI indicator
Current price 0.2233
First target 0.2266
Second target 0.2331
Third goal 0.2401
The beginning of a decline?From the data shown so far, it is the formation of the Ending Diagonal pattern, and this indicates the end of the current rise and the beginning of a new strong downward wave, and the failure of this pattern will be located on the chart with all the data.. Good luck.
*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 Long (Mid Risk)Long Position opportunity on Conflux,
Please note that cryptocurrency trading has high risk levels (DYOR),
Set the Margin level TP and SL carefully
CFXUSDT BULLISH BULLISH! Price action of CFX is bullish the zone has been tested too!
Target is $0.33
CFX/USDT Elliott Wave Perspective >>> 0.8 $ SoonHelloeveryone
Be patient CFX holders, CFX will explode soon to the zone between (0.8 -1 ) $.
It's expected to retrace to 0.19 $ zone first before it explode.
Best luck.
cfxusdt → a downward move!hello guys...
always this kind of divergence scares me!
so I suggest you close your positions or get a short position!
___________________________
💻📞☎️ always do your research.
💌📫📃 If you have any questions, you can write them in the comments below, and I will answer them.
📊📌❤️And please don't forget to support this idea with your likes and comment
CFXUSDT. TOP COINIn my opinion, we can hit the ceiling of the channel in the next move and complete the QM pattern.It is very suitable for medium and long term investment and I think it will have a very strong flight and suitable for holders as well as people who operate in the form of whales. I think whales will get to work and be able to pump this currency into a strong and unique pump again. do the body.It's a great hunt for investors and whales, and this big hunt will happen in the coming weeks, leading to a big flight and a big profit.In my opinion, allocate part of your capital to this currency and buy and maintain it, which I think has a very, very bright future and is also supported by the Chinese government and can experience very good pumps.
#CFX/USDT - Long - Potential 31.21%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 0.336 31.61%
• ⎿ Target 1 : 0.2789 9.24%
Entry: 0.2553 ⌁ 0.2553
• ⎿ Current market price: 0.2553
Stop: 0.2207 (-13.55%)
Technical indicators:
Long term trendbreak in action with support from MA's. RSI momentum and just broke key resistance at 2510.
• ⎿ 24h Volume: 50370017.1725
• ⎿ Satoshis: 0.2553
• ⎿ Analysis: TradingView
CFX High Time Frame Macro CFX for what ever reason is one asset that in when the market reversed in December bounced EXTREMELY hard producing a 2000% pump. That pump has now retrace by 50% and the market as a whole is show bullish signals.
Assets that rally the hardest in a bear market tend to perform the best in the bull market. The why is quite simple. What produced the 2000% pump? Participation by current interested parties.
This is a weekly chart and we can see the current macro swing has retraced by 50%, wave trend oscillator has crossed over deep in the over sold territory, and money flow is rising. Confirmation of a push up will be a brake of the current down trend.
For targets there is an attached second chart for local swing trades. This chart is more to identify the environment created by past price action. The .618 of the main down trend has already been claimed by the big pump but is now a nice 170% above.
IF the market is pushing higher taking the liquidity above the next unbroken high is likely making the .786 retrace level a fair target. Max projectable target would be a STANDARD measured move for yet another 2000% push back to the all time high. A more reasonable target would be a 1.5 expansion of our current down trend that is coming out just below the all time high around 900% higher.
Trade Well.....
I will have a video explanation of this chart and another for INJ out later today. Seek and ye shall find.....
Accumulation before the level, free zone after the levelAccumulation before the level, free zone after the level
CFXUSDT ⇒ A long positionhello guys...
reasons for getting a long position:
1. the price touched the important zone (the gray area)!
2. broking the trendline! (the dashed line)!
3. QM pattern!
there are two areas for getting the long position: 1- S&D zone and 2- QML area (two blue areas)
target: 0.2409
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
CFX USDTsmall time frame looking good to buy some coins like head shoulder pattern higher time frames also looking bullish
CFX USDTits looking bullish move in cfx according to pattern as u see it broke 1 h wave and we need retest that zone and we can risk
CFX sitting on 0.618 level!!!Cfx, A chinese narrative token, is currently sitting on 0.618 level on fibonacci...
What do you think Will it give a god candle soon??
CFXUSDT LONG Breaking out!CFX is breaking out from the solid range!
breakout trader could use the momentum for solid long trade setup!
CFX/USDT Anticipating a Bullish Climb from Demand Zone ? 🚀cfx💎 Paradisers, keep a close eye on #CFXUSDT, as it's currently showing promising signs of a bullish leap from its demand level.
💎 Reflecting on LSE:CFX recent patterns, we've seen a positive response following a retest of the falling wedge pattern. Currently, after facing resistance at $0.2476, there's a growing chance that LSE:CFX is gathering steam for another push to breach this resistance and aim higher towards the $0.3439 mark.
💎 As strategic traders, we're always evaluating alternate paths. Should our primary scenario not unfold as anticipated, we could see #CFX making a bullish turnaround from a lower support level at $0.1660. Be aware, though, that breaking below this level might trigger a more substantial bearish movement.
#CFX/USDT is testing the Diagonal Trendline in 1-Hour TF!#CFX/USDT is testing the Diagonal Trendline in 1-Hour TF!
LSE:CFX is holding the bullish OB as a support. Wait for Trendline breakout to long it, or wait for OB breakdown and retest to short it.
CFXUSDT IDEAUPDATE
Bullish rectangle Breakout & Retest Has Already Confirmed 📈📈📈
Holding of bullish wave may lead the price upto 30%💸 increase..
COIN DETAILS
Conflux (CFX) is worth ₹18.04 today, which is a 0.0% decline from an hour ago and a 2.9% decline since yesterday. The value of CFX today is 14.7% higher compared to its value 7 days ago. In the last 24 hours..
CFX Embrace the Future of Finance: Invest in Crypto Today 💰**Short Fundamental Analysis of Conflux (CFX)**
**Overview**
Conflux is a public blockchain protocol that aims to provide a scalable, secure, and decentralized platform for smart contracts and decentralized applications (DApps). The protocol utilizes a unique Tree-Graph consensus mechanism that combines elements of both Proof-of-Work (PoW) and Proof-of-Stake (PoS) to achieve high throughput and energy efficiency. Conflux is also compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy their DApps on the platform.
**Fundamentals**
* **Scalability:** Conflux's Tree-Graph consensus mechanism allows for significantly higher transaction throughput than other blockchains, potentially enabling millions of transactions per second.
* **Security:** Conflux employs a combination of cryptographic techniques and consensus protocols to ensure the security of its network.
* **Decentralization:** Conflux utilizes a decentralized network of nodes to maintain its blockchain, ensuring that no single entity has control over the network.
* **Efficiency:** Conflux's innovative consensus mechanism consumes significantly less energy than other blockchains, making it more environmentally friendly.
**Recent News**
* **Conflux Integrates Chainlink Oracles:** Conflux has integrated Chainlink oracles to enable decentralized price feeds and data feeds on the platform. This integration will be crucial for the development of DeFi applications on Conflux.
* **Conflux Launches CFX Staking Rewards:** Conflux has launched a staking program that rewards CFX token holders for participating in the network's consensus mechanism. This program will increase the demand for CFX tokens and potentially drive up their price.
* **Conflux Partners with dYdX:** Conflux has partnered with dYdX, a popular decentralized exchange, to provide liquidity for dYdX's USDC-ETH perpetual swap. This partnership will bring more users to Conflux and increase the demand for CFX tokens.
**Disclaimer**
Please note that cryptocurrency markets are highly volatile and unpredictable. Past performance is not necessarily indicative of future results. Invest only what you can afford to lose.
**Conclusion**
Conflux is a promising blockchain protocol with the potential to address some of the scalability and efficiency issues that plague other blockchains. The integration of Chainlink oracles, the launch of CFX staking rewards, and the partnership with dYdX are all positive signs for the future of Conflux. However, it is still too early to say whether Conflux will be able to achieve its full potential. Investors should carefully consider the risks involved before investing in CFX.
