CFXUSDT is showing signs of a potential Inverse Head and Shoulders (ISHS) formation, with both shoulders already established. We are closely monitoring the neckline, and if the price breaks through it, we will consider entering on a pullback.
Alternatively, if the price presents an opportunity, the highlighted area on the chart, identified as an important demand zone, could serve as a favorable accumulation area for long positions.
It's important to place your stop-loss below the shoulder.
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Alternatively, if the price presents an opportunity, the highlighted area on the chart, identified as an important demand zone, could serve as a favorable accumulation area for long positions.
It's important to place your stop-loss below the shoulder.
We welcome your comments on this coin and appreciate your support with likes.
Thank you.
Trade active
Price reaction towards our projected buy back area is amazing. It hit and time to fly.Trade active
Trade active
Price found supports towards the important demand area and we should exoect the upside pressure to continues.Note
If the current candle closes above 0.1017, the bearish scenario will be invalidated.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.