Hello✌️
Let’s analyze Conflux’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
If the new Conflux (CFX) proposal passes, companies must lock tokens for 4 years, removing about 11% of supply. This could boost CFX’s price outlook, but only 23% of proposals usually pass.
📊Technical analysis:
CFXUSDT is moving inside a daily descending channel; if this support area holds, the setup suggests a potential rebound of around 26% with a target near 0.19. 📊🚀
📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Let’s analyze Conflux’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
If the new Conflux (CFX) proposal passes, companies must lock tokens for 4 years, removing about 11% of supply. This could boost CFX’s price outlook, but only 23% of proposals usually pass.
📊Technical analysis:
CFXUSDT is moving inside a daily descending channel; if this support area holds, the setup suggests a potential rebound of around 26% with a target near 0.19. 📊🚀📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Educational plans & Free signals, all in telegram:
👉t.me/madwhalechannel
👉t.me/madwhalechannel
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.
Educational plans & Free signals, all in telegram:
👉t.me/madwhalechannel
👉t.me/madwhalechannel
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.