This is quite revealing here, this Conflux chart, it is almost screaming out the fact that a new high is soon to follow... Let's have a look, join me!
Conflux Daily (CFXUSDT)
The market moves in waves, strong price fluctuations at all times are quite normal and expected, traders blood. Here we see how CFXUSDT went moot, 100% sideways when it comes to the lower prices after mid-June, what is going on?
This tells us that support has been established and it is strong. Since prices are moving up now, since the indicators are going bullish and the current session trades above EMA50, we can expect additional growth.
For two months straight support holds, never being tested again, technically higher lows.
This is all we need to know that soon prices will grow.
Strong higher low since the initial bullish wave, we can expect a higher high next and massive for this pair because the same type of action tends to repeat in each phase.
Thousand percentage points growth, expect thousands more, according to the charts.
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