From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle. Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric. It can move from the red box to the green box. We are looking for sell/short positions in the supply...
CFX made unfortunately a fake break out back in Mar 2024. The best possible bullish scenario rn imo would be a fake break of Oct 2023. Passing $0.165 is cancelation of the idea because it would be very bullish for cfx $0.075 would be a good entry due to the Fibonacci cluster around $0.070 : $0.075 Breaking $0.048 is the first invalidation. Breaking $0.022 is...
CFX ~ 1W ✅ #CFX It looks like the selling pressure has stopped at this support block. Make purchases in stages with at least a short term target of at least 20%+
hello guys. let's analysis $BINANCE:CFXUSDT! 1. Consolidation Phase: The price has been moving sideways, trapped between two key levels: a support zone around $0.1230 and a resistance zone around $0.1465. This consolidation is marked by the yellow rectangles, indicating areas where the price has found significant support and resistance. 2. Resistance...
#CFX The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards We have a bounce from a major support area in green at 0.1260 We have a downtrend on the RSI indicator that was broken upwards which supports the rise We have a trend to stabilize above the 100 moving average which supports...
CONFLUX it has a buying chance on the lower time frames to enter at ~$0.16 With a stoploss below $0.14
✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day. 📅 Let's dive into today's analysis, focusing on the CFX coin in the crypto market. 🗂 About the Project: CFX, or Conflux, is a decentralized platform designed to facilitate the creation of decentralized applications and to support large-scale commercial use. Known for its...
An inverse head and shoulders is a chart pattern used in technical analysis to identify potential bullish reversals in a downtrend. It consists of three parts: two shoulders and a head in between them. Here’s how you can trade the inverse head and shoulders pattern: ### Identification 1. **Left Shoulder**: The price declines to a new low, then rises. 2....
CFX showing new interest in volume which can be confirmed in the coming time frames, we will follow this coin to see if it's able to be confirmed in the coming time Check out the coming time frames if there will be a confirmation. New updates will be on this chart
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
After Conflux broke the long-term downtrend line, it made a huge rise. Now, CFX is in a correction phase which seems to unfold in a triangular pattern. Let's see when CFX breaks this pattern.
It's been too long since we last analyzed Conflux (CFXUSD) and on that analysis (January 26, see chart below) we got a clear bullish break-out signal that easily hit our 0.4000 Target: The price has since entered a brutal sell-off below the 1D MA50 (blue trend-line) and the pattern that stands out the most is a Channel Up. The decline hasn't yet reached the...
CFX update! I am holding it. We took a CFX trade back then; it gave 50-55% profit on spot with its first target being hit. Then we bought CFX at $0.28 for mid-term on spot without a stop-loss. I expect it to run along with APT when APT will pump. Holding it tight. It will have its day.
Current Situation: Price Level: CFX has broken the 50-day Moving Average (MA) and the daily downtrend, showing potential for a bullish move. China Narrative: Based on recent positive news related to China, there might be a pump affecting Chinese tokens, including CFX. Trade Strategy: Entry Point: Enter a long position at the current price or within the range of...
The price compression is seen on the support. We have a bullish iCH on the chart. The trigger line is broken. By maintaining the demands, it can move towards the targets. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital...
CFX registered significant net buying this past few days. Volume surging with the recent good news about DWF Labs acquiring more CFX tokens believing in the coin's fundamental growth. On Daily data, Histogram has recorded another higher lows conveying that buyers are cementing the current range as the new base for the incoming price valuation. Pricewise, new...
#CFX The price is moving within a bearish channel on a 1-day frame and is strongly committed to it. We have a support area at 0.1935 and we bounced from it at the lower border of the channel We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise Entry price is 0.2100 The first target is...
- All in Graphic - i really doubt it will back to bottom but " who knows ?". - Now : Nothing to buy yet. - i do not play a breakout with CFX. Dangerous. --------------------------------------------------------------- Trading Part --------------------------------------------------------------- Buy : 0.1$ ish ( 10% invest ) Buy : 0.055$ ish ( 20% invest ) Buy :...