After thorough analysis I've came to a conclusion that the best looking waves count for CFX is this... After wave 2 finishes we should expect a bullish volume that takes the price to a new all time high.
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. 📊...
Conflux Network is a state-endorsed public blockchain in China, aiming to enhance interoperability and scalability through its Tree-Graph consensus algorithm. This technology allows Conflux to process transactions with increased speed and efficiency, promoting itself as a choice platform for developers and enterprises looking to build decentralized...
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...
Support and press the rocket to cheer me up Observe the ten percent loss limit Stay away from Bitcoins Feel free to buy and sell and post your comments
"What is Conflux? Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion.... As the only regulatory-compliant public blockchain in CHINA, Conflux provides a unique...
CFX bottomed out following the Q1 2023 H&S. Possible path to 0.77 if market rises and 0.18 breaks Best, Hard Forky
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.
Hi my lovely followers, I hope you are fine. I want to share my ideas about one of th best projects in crypto space. It is definitly Conflux/ $CFX/ Which will be one of few winners in 2024. It will record new highs createding unforgetable and Legendary story in crypto space. I'm sure with BSIM+ BTC L2/staking BTC on CFX+ Hong Kond dollar stablecoin launch/ in...
#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...
An example of an inverted H&S pattern that shows two distinct shoulders on either side As my last post said inverted H&S patterns tend to resolve very bullishly so I have shown the second right shoulder in green and then a moonshot. Bullish. This is the daily chart for CFX.
Hello friend, CFX seems getting ready to go up. This can be a good opportunity to go Long. But be careful! If BTC crash, then this plan will not work anymore.
#CFX The price is moving in a bearish flag on the 4-hour frame We are now on the verge of breaking the channel upwards After the price rebounded from touching the uptrend as a support area at the .2200 level We have stability above moving average 100 We also have support from the RSI indicator Current price 0.2233 First target 0.2266 Second target 0.2331 Third...
hello guys... always this kind of divergence scares me! so I suggest you close your positions or get a short position! ___________________________ 💻📞☎️ always do your research. 💌📫📃 If you have any questions, you can write them in the comments below, and I will answer them. 📊📌❤️And please don't forget to support this idea with your likes and comment
CFX for what ever reason is one asset that in when the market reversed in December bounced EXTREMELY hard producing a 2000% pump. That pump has now retrace by 50% and the market as a whole is show bullish signals. Assets that rally the hardest in a bear market tend to perform the best in the bull market. The why is quite simple. What produced the 2000%...
hello guys... reasons for getting a long position: 1. the price touched the important zone (the gray area)! 2. broking the trendline! (the dashed line)! 3. QM pattern! there are two areas for getting the long position: 1- S&D zone and 2- QML area (two blue areas) target: 0.2409 ______________________ always do your research. If you have any questions, you...
💎 Paradisers, keep a close eye on #CFXUSDT, as it's currently showing promising signs of a bullish leap from its demand level. 💎 Reflecting on LSE:CFX recent patterns, we've seen a positive response following a retest of the falling wedge pattern. Currently, after facing resistance at $0.2476, there's a growing chance that LSE:CFX is gathering steam for...
Conflux (CFXUSD) has been consolidating around the 1D MA50 (blue trend-line) while holding the 1D MA200 (orange trend-line) as its Support. A simple break-out trading plan should be applied here. If the price closes a 1D candle below the 1D MA200, we will sell and target the top of Support Zone 1 at 0.1150. If it closes above Resistance Zone 1, we will buy and...