CFXUSD
CFX, new round to the upside on queueCFX is preparing for a new round to the upside based on hourly data. It is now consolidating at strong order block levels at 0.36 area.
A reverse to the upside may come anytime now. Expect a revisit of the last peak at .44 area -- and a possible breakout off it.
spotted at .370
TAYOR.
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
CFXUSD...UT (3D)Take Profit 2 @ 0.8700
Take Profit1 @ 0.6800
Buy Stop Order @ 0.4478
Buy Limit Order 1 @ 0.3840
Buy Limit Order 2 @ 0.2570
Buy Limit 0rder 3 @ 0.1710
CFXUSD...UT (3D)Take Profit 2 @ 0.8700
Take Profit1 @ 0.6800
Buy Stop Order @ 0.4478
Buy Limit Order 1 @ 0.3840
Buy Limit Order 2 @ 0.2570
Buy Limit 0rder 3 @ 0.1710
CFXUSD Triangle broken upwards. $0.7500 is the target.Conflux (CFXUSD) broke above the short-term Triangle and technically should extend the enormous +2200% rise since December's Low. We are targeting the 0.786 Fibonacci level at 0.75000. During this rally, the 1D MA50 (blue trend-line) has been supporting, so technically as long as it holds, CFX is a buy. If a 1D candle closes below it, we would expect the market to seek buyers and confirmation of the long-term bullish trend on the 1D MA200 (orange trend-line) and the 0.13650 Support. Until that happens, every MACD Bullish Cross is a buy confirmation (one is now emerging).
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KLAY on Strong trendline resistanceKLAY on Strong trendline resistance
Wait for Breakout and Retest or Rejection
CFX - SCALABILITY ITSELF 🧩Conflux Blasts Off Nearly 40% In Single Day – Will CFX Soar Higher Amid Banking Crisis?
Well, $CFX price tells everything! +160% in 4 successive days, this only shows how confident the investor is.
You missed getting in early? no worries, technically $CFX is faceing a double top resistance and early buyers are most likely to take profits at this level, a healthy correction towards $0.25 is likely in next few days so make sure you set your alerts!
Regarding my risk management for this trade, I am looking for buys at 50-60% correction and targeting $0.5 for TP which is ~2X return.
Make sure you follow me for more solid investment ideas.
CFX - Counter StrategyStill in the short from 0.48 but considering alternative outcomes.
The ceiling is at 0.77 and presents a realistic target for early April. Interestingly this is the trend based Fib indicates a key level of resistance there. I'm considering a sizable hedge.
Best, Hard Forky
Local Short
CFX CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CFX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You