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CFXUSD

CFXUSD Triangle broken upwards. $0.7500 is the target.Conflux (CFXUSD) broke above the short-term Triangle and technically should extend the enormous +2200% rise since December's Low. We are targeting the 0.786 Fibonacci level at 0.75000. During this rally, the 1D MA50 (blue trend-line) has been supporting, so technically as long as it holds, CFX is a buy. If a 1D candle closes below it, we would expect the market to seek buyers and confirmation of the long-term bullish trend on the 1D MA200 (orange trend-line) and the 0.13650 Support. Until that happens, every MACD Bullish Cross is a buy confirmation (one is now emerging). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:CFXUSDLong
by TradingShot
3
CFX - SCALABILITY ITSELF 🧩Conflux Blasts Off Nearly 40% In Single Day – Will CFX Soar Higher Amid Banking Crisis? Well, $CFX price tells everything! +160% in 4 successive days, this only shows how confident the investor is. You missed getting in early? no worries, technically $CFX is faceing a double top resistance and early buyers are most likely to take profits at this level, a healthy correction towards $0.25 is likely in next few days so make sure you set your alerts! Regarding my risk management for this trade, I am looking for buys at 50-60% correction and targeting $0.5 for TP which is ~2X return. Make sure you follow me for more solid investment ideas.
Long
by dogofwallstreets
Conflux(CFX), a project with 💲2000% profit💲 (🗺️Roadmap🗺️)!!!Today let's take a look at the Conflux project, which has grown nearly 😱➕2000%➕ 😱in the last 80 days. First, let's see what kind of project Conflux is. Fundamental : Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability. As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem. Despite the recent banking collapse in the United States that has become a source of worry for those in the crypto industry, some cryptocurrency projects emerge unscathed, and CFX is one of them. Also,The Conflux is the only blockchain in China that complies with legal requirements and utilizes the Tree-Graph consensus mechanism for increased throughput and scalability. --------------------------------------------------------------------------------------------------------------------------------------------------------- Technical : Conflux started its impulse waves after breaking the important downtrend line. In order to know whether we still have the opportunity to invest in the Conflux project token(CFX), we must examine the current technical conditions of this token. Conflux confirmed the start of wave 5 after breaking the 🔴resistance zone($0.362-$0.320)🔴 by 🟢bullish Marubozo candle (standard)🟢 and it is likely that wave 5 will continue until the 🔴heavy resistance zone($0.832-$.0635)🔴; as a result, the CFX token may grow by 👍+60%👍. As long as Conflux does not lose its uptrend line and confirms the uptrend 50-SMA and 50-EMA, we can hope for the target of 👍+60%👍. Conflux Analyze ( CFXUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
2