CFX (Conflux) has performed well today with an impressive breakout. It comes with 3 confirmations: ☑️Price broke higher over the wedge, ☑️Managed to jump over Professor's EMA, ☑️Overcame the technical obstacle of Fib Resistance The news are also very promising: Conflux partners with World Mobile as WMT token bridges outside of Cardano A new partnership...
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
Daily chart BINANCE:CFXUSDT has soared and completed impulse wave at 0.4876 and it's trading around 0.1904 now. CFX is in the combo correction wave, I think so. On the chart, it shows a first leg (wave A) completed at 0.1665 and happening wave B then wave C I expect wave C will down around 0.135 - 0.125 Wait and see next move
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...
Seems Like Getting ready for Another Massive bullish Rally Forming Bullish Pennant In Daily Timeframe Incase Of breakout Expecting Another 180 - 200% Bullish Wave
The chart for CFXBTC looks identical to the chart for CFXUSDT. If you want more context for this analysis, start by reading the "✴️ Conflux Keeps Growing After 2,144%? " trade idea in the 'Related Ideas' below. Let's get started... This should be quick. We have a massive 1,367% bullish wave earlier this year followed by a classic correction. We saw in...
One of the Altcoins that did best in the initial 2023 bullish breakout was Conflux and this is clearly seen by the numbers on the screen. The wave that started in late December 2022/early January 2023 peaked mid-March at an astonishing 2,144%. As it is normal, a long correction phase followed this massive wave. ✔️ CFXUSDT dropped from mid March through 12-May,...
CFX possibly forming reverse head and shoulders. Still to meet neckline. Target at 0.43 if it can make it! NFA
Situation is scary, I know. Debt ceiling, war in Ukraine, inflation, people around the world are divided for a billion different reasons etc etc...yes, ok Go short, allow me to go Long on CFX: What do I need as a trader? Good news and a good valid chart. So here we goi: News: Conflux and China Telecom Debut First On-Chain Interaction With Blockchain SIM Card...
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 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...
Here everything that is happening with Conflux (CFXBTC) is very strong on the bullish side. We have 'very strong' volume on the 23-January week. We have a 'very strong' RSI for CFXBTC. We have a 'very strong' bullish breakout. We have 'very strong' potential at 300%+. This weeks price continues upward challenging the EMA50 resistance at 0.00000295....
0.36 once solid resistance has flipped to solid support. I'm expecting the bullish pennant to breakout with an initial target of 0.55 area. NFA & DYOR - Thanks! 🤑
Hi dear members , hope you are well and welcome to the new trade setup of Conflux Network (CFX) token with BTC pair. Previously we caught more than 22% pump of CFX as below: Now On a daily time frame, CFX has formed a bullish Gartley move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
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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...
1st order block level support touched at 0.325 -- an attempt to reverse maybe on queue and retest previous peak, if breaks, 0.5-0.6 area will be the next target. Otherwise if it falls below 3.0, re-assess.
CFX Chinese Narrative Coin Market Cap: 1.1B Category: DeFi / Web3 Target 1: 0.475997 Target 2: 0.564381 Stop Loss: 0.370617 Manage Risk - have a stop loss in place Not Financial Advice This is for Entertainment Only