Description
⋅ #CFX
The price has been trading in a bearish channel since April 2022
The price recently broke this channel strongly
The price also broke the moving average of 100 on the frame 1 D .
We had a strong support area at price 0.1000
The price rebounded upward
The price now is 0.1783.
First goal of 0.2015 .
Second goal 0.3288 .
This rise is supported by oversold conditions on the MACD
And the free moving momentum after it was broken
It is expected that the price will take some time with corrections to reach the second target
Trade active
⋅ First goal of 0.2015 Reached
Trade active
⋅ Trade closed: target reached
⋅ First goal of 0.2015 .Reached
Second goal 0.3288 .Reached