In this technical analysis of the CFX/USDT daily chart, we're seeing a pronounced downtrend. The price has fallen below the first resistance level (R1) at $0.2862 and is approaching the first support level (S1) at $0.1735. If this support fails to hold, it might result in the price testing the second support level (S2) at $0.1452. The RSI is just above the...
CFXUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 0.32-0.29 which will be my entry point. Next Direction: Wave (5) Target : the area between 0.7-0.77 with 130-150% profit Wave Cancel invalid level: Daily closing below 0.23...
after the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid. CFXUSDT Elliott Wave Technical Analysis Mode: Corrective Position: Wave (c)...
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We expect an bullish movement to the point specified in the chart as a target. We are waiting...
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Hey Traders! 🌐📈 🚩 CFX Flag Pattern Alert: CFX has just signaled a flag pattern and successfully executed a breakout! 🚀 🔄 Retest Phase: It's currently in the retest phase, revisiting the breakout level. This retest is a crucial step before potential further upside. 💥 Boom Anticipation: 📉 Retesting is healthy; anticipate a strong move upward after this phase. 📊...
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CFX bottomed out following the Q1 2023 H&S. Possible path to 0.77 if market rises and 0.18 breaks Best, Hard Forky
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CFX seems to have entered a new volume trend, which could be confirmed in the next time frames. We will follow CFX to see if it's able to confirm.
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#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...