Cfx Getting Ready To Reclaim 0.50$ Area Forming descending channel incase Of breakout expecting move towards 0.50$ Keep Eyes On Cfx For Breakout
CFXUSDT
✴️ Conflux Keeps Growing After 2,144%?One of the Altcoins that did best in the initial 2023 bullish breakout was Conflux and this is clearly seen by the numbers on the screen.
The wave that started in late December 2022/early January 2023 peaked mid-March at an astonishing 2,144%.
As it is normal, a long correction phase followed this massive wave.
✔️ CFXUSDT dropped from mid March through 12-May, when a hammer candlestick showed up.
We know the hammer to be a strong reversal signal when it comes at the end of a correction.
The hammer cannot work by itself and we look/wait for confirmation which is coming in today.
✔️ CFXUSDT is moving above EMA10, EMA21 and EMA50 with a strong 55.5 RSI.
This type of action can lead to additional growth and for this pair to hit a new high.
Analysis valid as long as the current price remains above the 12-May wick low.
Remember to follow me if you enjoy the content.
Thanks a lot for your continued support.
Namaste.
Cfx Plan Cfxusdt
Short-term : Expecting 10-20% drop
Price rejected second time from trendlime resistance most probably this time it will retest the support zone before next bullish move
Personal opinion not financial advice, do your own resreach
CFX - One of the Few Alts I can dare to buy atmSituation is scary, I know.
Debt ceiling, war in Ukraine, inflation, people around the world are divided for a billion different reasons etc etc...yes, ok
Go short, allow me to go Long on CFX:
What do I need as a trader? Good news and a good valid chart. So here we goi:
News:
Conflux and China Telecom Debut First On-Chain Interaction With Blockchain SIM Card
Conflux Network, the first regulatory compliant public blockchain in China, and global communications network, China Telecom, today unveiled its jointly developed BSIM (blockchain SIM) card at the Xuhui District West Bank Artificial Intelligence Center in Shanghai.
In a world first, the BSIM card is a mobile user identification card based on blockchain technology.
With an appearance nearly identical to traditional SIM cards, the BSIM card is fully compatible with mainstream mobile terminal systems such as Android and iOS.
It also boasts storage space 10-20 times larger than traditional SIM cards and computing power several dozen times greater.
Alongside traditional communications functions, the BSIM card also can generate and store users’ public and private keys within the card.
CHART:
I see support on 2 of my set ups and my moving average confirms. So i am Long here with stop loss 0.284
If it goes against i am ok to lose what i risk.. if it goes well i make more than i risk multiplied.
Targets for me is 0,37 and 0.41 for now.
One Love,
The FXPROFESSOR
PS. Yes, i know, situation is bad everywhere and everything, i know: we will go Big time shorts but you have no idea where yet and when. It will come! Stick around buddies and let me know on the comments what do you think i will short BIG TIME soon!
CFX CAN MAKE A BIG CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CFX symbol.
It seems that wave E is a diametric uptrend of a triangle that is terminated and moves down for wave F
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
Cfx towards 0.31Was keeping eye on this cfx and its looking very bullish buy zone is given in chart lets pump it
Cfx Looking Good For Short Term Seems Like getting ready for Another Bullish Impulse Forming Falling Wedge In h8 Timeframe incase Of breakout Expecting Another 60 to 65% bullish wave
CFXUSDTit's time to rest in peace. As you can see, CFX has formed a downward trend. A double top and the formation of lower pivots.The breaking of the trend line can be the trigger for the beginning of the fall. But don't forget that CFX is known as Ethereum Asia in Asia
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
CFX aswellSimilar to many of the crypto's right now, we have nice confluence. Possible reversal higher . Stoch/rsi is aligned
Prevailingnine 5.1.23
@RaoulHayes @EuroMotif
#scalp #cfx i see another head and shoulders pattern
neck line : yellow line
target : violet line
note : i am early in this trade
best wishes
#CFX usdt to the moon my idea is in repeating the behavior
Coin : CFX_USDT
Frame :4hours
Buy zone : current prices to below 5%
Targets: 50% to 150%
#Scalp
CFX - At SupportCFX at bottom of the channel after upward momentum
Long opportunity to mid-0.06 but high risk the market steps down another leg, pulling CFX down to 0.021 range.
Best, HF
CFX / USDT LONG SETUPCFX / USDT LONG SETUP
Entry, Stop-Loss and Targets are shown in the chart
NOTE : This setup is made for educational purpose only. Investment in crypto currency and NFT's is subject to high market risk pls do your own research before investing.
CFXUSDTHello everyone,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for CFXUSDT
Clearly, R3 and R1 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. R2 used to be a support area. And S1 is a long-term support area at the bottom that contains the support of price at some points. We see that the price was fluctuating in a descending channel in the past and then after a noticeable rise, it could reach higher amounts such as R3. Then be being rejected there, it had a kind of waterfall decline down to S1. Therefore, it is fluctuating below R1 and we predict it to experience more decline toward the bottom of S1 area after it experienced a little increase to R1 line. Here we will have two options. Either the price loses more support and falls below S1 and certainly more decline is there for it. Or it happens that the price is able to be supported and break R1 upward and via more fixation and support there, more rise toward R2 is expected. We highly recommend you to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time
Will CFX fall to $0.15?Hello everyone! Today I'll be brief. There is a possibility that CFX may decrease in value to $0.15.
This is not a financial recommendation, and everything you do, you do at your own risk.
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.
New coin in my portfolio - TestingI'm trying a brand new coin for me, so overall high risk, but I want to try it, long at a higher position and then quickly away. If not then SL.
CFX about to rip if it holds
Hi everyone
Today we had very buloish day on bitcoin while alts were quite, its time for alts to push a little bit up !
CFX is going to moon
If we hold 0.3688 we go to 0.44
#CFXUSDT DUMP?#CFXUSDT
The coin clearly shows weakness. And with any rollback of Bitcoin, the coin will go down.
At the moment I see 2 scenarios:
We test the 0.3870 level and go back down to the 100 EMA on D1
Or, nevertheless, we close H4, H8, D1 with a candle above 0.3877 and break through the price above 0.45 and to the moon.
CFXUSDTIs CFXUSDT going to repeat the pattern?
Last time CFX took the support broke through falling trendline and posted a strong bullish candle.
Will it be doable again?
