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thecryer
Apr 16, 2021 3:47 AM

Conflux Long

CFX / TetherUSBinance

Description

Just listed few weeks ago on Binance. Conflux is a great Mineable coin, when ETH will switch to POS, those coins in POW will jump. Dyor more about it. the fees to send CFX are ridiculously cheap.

Conflux is a public, permissionless blockchain bridging Asian and Western communities and economies, to enable the secure flow of assets and data across borders, protocols & applications. The Conflux protocol is fast, scalable, and solidity compatible, with zero congestion and low fees. Headquartered in Beijing China, Conflux has expanded its global operations with a diverse distributed team across four continents, and additional offices in Toronto, Canada and Lagos, Nigeria.

Conflux originated in the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University. It is based on a Tree-Graph consensus mechanism that optimizes for security, scalability and decentralization.

In 2018, the Conflux Foundation was formed, and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism. Established as the only state-endorsed public, permissionless blockchain in China, Conflux is advancing education and research in blockchain development through the Tree-Graph Research Institute, in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan.

Trading Parts :

Buy zone : now around 1$

TP1 : 1.37$ (ATH Security TP)
TP2 : 1.55$
TP3 : 1.85$

This coin not have yet the volume it deserves so be patient and be there before the pump, also follow the King moves! Stay Safe.

Happy Tr4Ding !


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BTC dip created CFX Dip. will come back.

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tic toc

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it seems there's a problem with CFX as some Whales are suppressing the price around 1$ with a sell order Wall in Binance of 4.5M$. So for now this analyse is delayed until they stop play with Conflux. Patience is a vertue.

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CFX still in Depression. i don't really see it goes down more, it would go to 0. Next push levels to watch are 0.425 EMA50, 0.65 EMA100.

Comments
ricardonascimento1
Hello buddy! I'm still in this trade, any updates? Thank you!
thecryer
@ricardonascimento1, Still Weak for now, i am mining some, have to wait more. Cheers!
ninhtrung3w
i think it has break the downtrend, do u have any update on this one?
AmunNguyen
hi bro, In the present when BTC dow. Do you have update chart ? Thanks bro
thecryer
@AmunNguyen, hey bro! until btc down CFX is pressured by BTC dominance. have to wait untiil BTC start to move up again to make a new forecast. Cheers!
thecryer
@AmunNguyen, updated for u :D cheers bro!
ninhtrung3w
Support line is break now, any news?
thecryer
@ninhtrung3w, nothing much new about CFX, i was in TG channel and spoke with some peoples, the price is suppressed on Binance by some Whales wich are selling Millions dollars of CFX everyday. unless they stop to do that my analyses are obsolet on that coin.
ricardonascimento1
Hello! DO you have an update on this one?
thecryer
@ricardonascimento1, nothing for now still suppressed by some whales around 1$. the trend is abnormal.
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