CFXUSD
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
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.
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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.
CFXUSDT IdeaCFXUSDT CFXUSD BINANCE:CFXUSDT CRYPTO:CFXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
CFXUSDT Idea UPDATECFXUSDT - CFXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
CFXUSDT IdeaCFXUSDT - CFXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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
CFXUSD Within the May-December Liquidity Zone. Buy the pullback.CONFLUX - CFXUSD entered last week the strong Liquidity Zone of May-December 2022 and on this week it has almost reached the top. The RSI 1W can't signal a strongest overbought signal and even though this coin is extremely bullish long term, this calls for a medium term correction.
The MA50 1W will be there to support, the strong technical Support Zone is within 0.0980 - 0.065. Buy the pullback and target 0.8500 (Resistance A).
Follow us, like the idea and leave a comment below!!
CFXUSD Massive rise. How to trade this rally.Conflux/ CFXUSD is on a massive fundamental rally that easily crossed over the 0.25550 Resistance (1).
The rally doesn't seem ready to stop and by August can fill all gaps all the way to its historic High.
The last consolidation after the first rally was made within the High Variance Zone designated by the Channel Up consolidation during the Bear Cycle. There have been another two such Channels and will be our buy entries during this rally.
Trading Plan:
1. Buy at 0.1400 (2nd High Variance Zone).
2. Buy at 0.3000 (3rd and final Variance Zone).
Targets:
1. 0.8500 (below Resistance 2).
2. 2.0200 (Resistance 3 - All Time High).
Tips:
1. The RSI is supported in a similar way like December-January. That kick started a strong rise. Break below and the pattern might be negated.
Please like, follow and comment!!
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