These two are not competing, just let me explain...
If you read the FetchAI trade idea, I mentioned that it moved first in early January 2023/late December 2022. It moved first and strong leading the market.
This type of action is also true for Conflux (CFXUSD).
If FetchAI ends its correction and resumes growing, it means the entire Cryptocurrency market will do the same. This also applies to Conflux, if the correction is over and a new bullish wave starts, it means that market will do the same. As these pairs moved first and strong, seeing them resume their bullish action means that the time for accumulation is gone.
Here we can see CFXUSD bouncing perfectly at the 0.786 Retracement Fib. level support.
This is perfect. We have bullish divergence short-term with the MACD and long-term hidden bullish divergence with both the MACD and RSI, signaling that this pair is getting ready to grow.
This is only one of many bullish signals that I started to share. You can check the related ideas below for many more signals that predict and confirm an upcoming, major, bullish wave.
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