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CFX

FOMC news release, preparing for short positions BTC ended up printing a swing pattern failure. So I am now preparing for shorts positions and this chart shows when I am anticipating to find my best entries on those. This chart also shows that I am not looking to take any long positions unless we see a strong move higher form the buyers. So I am preparing for short positions now but waiting for the right signal from BTC. And when it’s time to enter, we need to have positions ready. This may happy overnight or when I’m not able to post so wanted to share some setups that I am watching. The idea here is NOT to enter all of them, but to choose the ones that look the best when BTC is in it’s rejection area or sell pressure is showing up. The best way to manage these is to set alerts on each one on TradingView so you are alerted when each is near our target zone. I won’t be providing much detail on each of these setups as they are all very similar. Really just wanting to see price action come back and bearishly retest the recent resistance.
BINANCE:BTCUSD.PShort
by Obscure_Trading
Conflux(CFX), a project with 💲2000% profit💲 (🗺️Roadmap🗺️)!!!Today let's take a look at the Conflux project, which has grown nearly 😱➕2000%➕ 😱in the last 80 days. First, let's see what kind of project Conflux is. Fundamental : Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability. As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem. Despite the recent banking collapse in the United States that has become a source of worry for those in the crypto industry, some cryptocurrency projects emerge unscathed, and CFX is one of them. Also,The Conflux is the only blockchain in China that complies with legal requirements and utilizes the Tree-Graph consensus mechanism for increased throughput and scalability. --------------------------------------------------------------------------------------------------------------------------------------------------------- Technical : Conflux started its impulse waves after breaking the important downtrend line. In order to know whether we still have the opportunity to invest in the Conflux project token(CFX), we must examine the current technical conditions of this token. Conflux confirmed the start of wave 5 after breaking the 🔴resistance zone($0.362-$0.320)🔴 by 🟢bullish Marubozo candle (standard)🟢 and it is likely that wave 5 will continue until the 🔴heavy resistance zone($0.832-$.0635)🔴; as a result, the CFX token may grow by 👍+60%👍. As long as Conflux does not lose its uptrend line and confirms the uptrend 50-SMA and 50-EMA, we can hope for the target of 👍+60%👍. Conflux Analyze ( CFXUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
2
CFX Short and Long Swing SetupCFX currently forming MTR on its 4 hour chart, However, this current pump is heading to red resistance which is also a pull back to golden 66% of first bearish leg. I am expecting a second bearish leg, after this pull back heading to 0.096 area, which is also a golden 66% pull back of major bullish leg!:-) For those of you who missed this current move including myself, I am taking a short position, at marked price(Red) on chart with TP of my entry price for long swing setup. I would update SL on each position after Filling my orders. Longest trade I ever had:-) Lets see
by Cuckero
25
CFX short term tradeHigh risk trading with uncertain market conditions, but wanted to share this possible short term paly. So what I am watching is CFX on the 1hr timeframe. There has been a break in market structure and the price action is now creating a small bear flag/wedge just under resistance. This is also helpful to pair with BTC being just under a resistance level, so if BTC breaks through this level marked then there is a high likelihood that the CFX trade will get stopped out.
Short
by Obscure_Trading
Balanced Market Sentiment and Unique Competitive AdvantagesConflux (CFX) is currently trading at $0.1910 area in the daily timeframe, and its RSI is at 52. The asset is neither overbought nor oversold at the current price level, which indicates a balanced market sentiment. When looking at the Fibonacci retracement levels in the daily timeframe, the 0.3669 level appears to be the primary resistance level, while the 0.2077 level acts as a support level. The price has recently bounced off the 0.2077 level, indicating strong buying support at that level. The 1 fibonacci level stands as the next potential support if the price continues to fall. The Bollinger Bands in the daily timeframe provide further insight into the asset's volatility. The upper Bollinger band is currently at 0.2865, and the lower Bollinger band is at 0.1346. The middle Bollinger band, which is the 20-day moving average, is at 0.2106. The price seems to be trading around the middle Bollinger band, indicating that the market is currently balanced, and the asset's volatility is stable. The volume oscillator is currently at 3.80%, indicating a moderate level of trading activity in the asset. The MACD, which is a trend-following momentum indicator, is currently at 0.0059, which suggests a weak bullish momentum. The Stochastic oscillator, which measures the strength of the asset's momentum, is at 47.03. The reading suggests that the asset is not currently overbought or oversold. Conflux's unique Tree-Graph consensus algorithm enables parallel processing of blocks and transactions, which increases throughput and scalability. Additionally, as the only regulatory-compliant public and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem. Overall, the technical analysis suggests that Conflux is currently trading at a balanced market sentiment, with moderate trading activity and stable volatility. The asset's unique features, such as its high throughput and regulatory compliance, could provide a competitive edge in the blockchain industry, particularly in Asia. However, investors should consider additional factors such as market trends and news developments when making investment decisions.
by MonoCoinSignal
4
Conflux Network (CFX) formed a bullish Gartley upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair. In the recent trade setup, CFX was very close to complete the final leg of a bullish BAT , but pumped before entering the buying zone as below: Now this time on a 4-hr time frame, CFX has formed a bullish Gartley move for another bullish reversal move soon. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
Conflux Network (CFX) forming bullish BAT for upto 41% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair. Recently we caught a almost 270% pump of CFX as below: Now on a 2-hr time frame, CFX is about to complete the final leg of a bullish BAT move for another pump soon. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333