#CFX/USDT#CFX
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1242
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1485
First target 0.1621
Second target 0.1770
Third target 0.1955
Cfxlong
#CFX/USDT#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 the rise
Entry price 0.1340
First target 0.1420
Second target 0.1500
Third target 0.1580
#CFX/USDT#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 0.2677
The second target is 0.3079
The third goal is 0.3537
CFX Bullish Signal! Time to Retest and Boom!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.
📊 Technical Analysis:
Use technical indicators to confirm the retest support level.
Look for bullish confirmation signals before considering entry.
💡 Trading Strategy:
Consider entry post-retest confirmation.
Set stop-loss and take-profit levels to manage risk.
🚨 Risk Advisory:
Trading involves risks; trade responsibly and set risk management.
Do your due diligence; this is not financial advice.
🌟 Exciting Times Ahead!
Trade smart and good luck! 🚀💰
CFXUSDT long Spot TradeCFXUSDT Elliott Wave Technical Analysis
Mode: impulse
Position: Wave (4)
Direction: Wave (4) is still in play
Details: Wave (4) is still in play which I expected to be end around 0.32-0.29 which will be my entry point.
Next Direction: Wave (5)
Target : the area between 0.7-0.77 with 130-150% profit
Wave Cancel invalid level: Daily closing below 0.23 with 26% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
#CFX/USDT#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 conditions on the MACD
And the free moving momentum after it was broken
It is expected that the price will take some time with corrections to reach the second target
#CFX/USDT#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 goal 0.2401
Is it time for CFX? Thanks to SEC's BTC-ETF approve alt-season is gonna carry on. What I am looking at is 70% potential move and beautiful triangle pattern after big impulse in October. We need only one confirmation to go up which is break the downtrend channel in 1D TF, also closing candle around 0.22 in 1D TF is gonna be huge confirmation too. I will be taking profits at those green lines.
The two CFX targets are +44% and 117% from current values.Hey, everybody!
How bullish CONFLUX looks!
There are upside signals on absolutely all timeframes.
On the weekly timeframe a bullish candle has formed, which absorbed all the previous weeks of consolidation and price decline.
The main restraining factor for the price growth now is EMA 200, after its breakdown I expect the continuation of growth up to the area of ~$0.226 (+44%), and then the final target is 0.618 by Fibo 0.339 (+117%) from the current values.
This is not financial advice, everything you do is at your own risk!
CFXUSDTJust like the previous chart I mentioned for cfx, it lost its support and went out of the trend line. Now we are witnessing rebalancing and returning to the trend line. I think we will see a downward trend in the long term.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Conflux Network (CFX) formed a bullish Gartley upto 23% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network (CFX) token with US Dollar pair.
Our last successful trade of CFX was as below:
Now a daily time frame, CFX has formed a bullish Gartley pattern for the next price reversal.
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
Conflux Network (CFX) formed a bullish Gartley upto 32.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network (CFX) token with BTC pair.
Previously we caught more than 22% pump of CFX as below:
Now On a daily time frame, CFX has formed a bullish Gartley move for another price reversal.
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
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
Conflux Network (CFX) formed bullish Gartley for upto 24% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Previously we caught a very nice pump of CFX:
Now on a 4-hr time frame, CFX has formed a bullish Gartley pattern.
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