The request for analysis was too high for CFX. After examining this symbol, we realized that we are witnessing the formation of a bearish contraction triangle. Note that this is not a buy setup but a sell/short setup. Until it reaches the "sell zone", short this symbol is dangerous unless you get a confirmation or a trigger. When the whales want to execute...
Hello Traders, It's time to see some fireworks on altcoins soon. CFX is one of them, and it's ready to blast off after 4 months of correction. Please hit the boost button and follow me for more ideas. Thanks
4h time frame - CFX getting rid of this falling wedge But hasn't showed any momentum yet. Here is also the Fib level 0.382 which allow us to set a good trading plan. TP: 0.43~0.45 / 0.51~0.54 SL: 0.1277
While the west is confused the East is on the move. Keeping an eye on those blockchains that have beaten out Eth and BNB as the defacto Layer1 platforms. Positioning now for the hype. Japan - Astar ASTR = Huge partnerships (Sony, Toyota, and many more) and strong gov support (Web3 gov initiative) S Korea - Klaytn KLAY = Founded by the largest consumer tech...
CFX has dropped below the 50EMA on the 4H TF. Relative strength index indicates sellers' strength. I expect price to continue to decline.
Conflux (CFXUSD) made a low two days ago on the 0.1725 Support and along with the June 15 Low, makes so far a Double Bottom formation. It is no surprise then to see the price on a strong 1D candle today, headed towards the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the March 19 High is a Channel Down, so if the Double Bottom...
4h time frame - CFX creating a great wedge. Here is a nice entry with low potential loss. Target: 0.566~0.59 SL: breaking below wedge
Just like the previous chart I mentioned for cfx, it lost its support and went out of the trend line. Now we are witnessing rebalancing and returning to the trend line. I think we will see a downward trend in the long term. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research &...
CFX seems to be showing some bullish price action above the old resistance of $0.2488 all while forming an Inverted Head and Shoulders, confirming Hidden Bullish Divergence and holding above the moving averages on significant timeframes. The Bullish targets would probably be $0.60 then $1.64
Conflux (CFXUSD) is testing the 1D MA50 (blue trend-line) today near the top of its March Channel Down. With the 1D MACD on a Bullish Cross and the 1D RSI rebounded from the (nearly) oversol 30.00 territory, a 1D candle closing above the 1D MA50, will be a bullish break-out signal first towards Resistance 1 and then the -0.5 Fibonacci extension at 0.93000. Until...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CFX symbol. It seems that wave E is a diametric uptrend of a triangle that is terminated and moves down for wave F For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you...
Was keeping eye on this cfx and its looking very bullish buy zone is given in chart lets pump it
Seems Like getting ready for Another Bullish Impulse Forming Falling Wedge In h8 Timeframe incase Of breakout Expecting Another 60 to 65% bullish wave
it's time to rest in peace. As you can see, CFX has formed a downward trend. A double top and the formation of lower pivots.The breaking of the trend line can be the trigger for the beginning of the fall. But don't forget that CFX is known as Ethereum Asia in Asia
Hi dear friends, hope you are well and welcome to the new trade setup of Conflux Network (CFX) token with US Dollar pair. Our last successful trade of CFX was as below: Now a daily time frame, CFX has formed a bullish Gartley pattern for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
RSI is moving in the bullish zone. The chart has fixed above 50EMA on the 4H TF. The price of the asset will continue to rise after overcoming the resistance.
CFX at bottom of the channel after upward momentum Long opportunity to mid-0.06 but high risk the market steps down another leg, pulling CFX down to 0.021 range. Best, HF
The Best Area For Buy BINANCE:CFXUSDT