CONFLUXLSE:CFX is still in sideways for about a year and a half. A possible bullish pump shall happen soon and it's strength would decide the target. Passing $0.55 is bullish confirmation. Breaking $0.10 invalidates the idea. #ConfluxLongby MohamedSewid0
CFX Breakout Run Targets $0.50Will CFX Price Reclaim $0.50? Fibonacci level Breakout Signals Major Recovery With a resurgence in buying pressure, the CFX price is back in action and ranks among the top 24H performers. Rising nearly 4% in the last 24 hours, Conflux approaches the $700M market cap. With a new recovery run in the daily chart, will the CFX price reach the $0.50 psychological mark? Find out more about the Conflux price trend in our detailed analysis. CFX Price Analysis In the daily chart, CFX price action shows a falling channel breakout rally struggling to gain momentum. After a bullish failure to sustain dominance above the 200-day EMA and the 38.20% Fibonacci level at the $0.20 psychological mark, the CFX price dropped below the 50-day EMA. Tradingview After making a recent low at $0.1290, the DeFi token is back in action. As the broader market recovers, the altcoin has recovered by 18.09% in the past 5 days from its 7-day low at $0.1290. Currently, it is trading at $0.1526 with an intraday pullback of 1.87%. The intraday pullback faces opposition from the 50-day EMA at $0.1574. The dynamic resistance is a neckline of the recent V-shaped recovery and warns of a new lower-high formation. Technical indicators: MACD: As the bullish resurgence propels the CFX price, the MACD indicator prepares for a bullish crossover. EMA: The 50-day and 200-day EMA maintains a lateral trend with the death cross possibility teasing the long-term holders. Will CFX Price Hit $0.50? The 23.60% Fibonacci level breakout is likely to test the 38.20% level or the $0.20 psychological mark. However, for a sustained recovery, the uptrend must break above the $0.20 mark. This will increase the chances of a golden crossover between the 50-day and 200-day EMA and face the crucial resistance of 50% Fibonacci level at $0.2425. The $0.2425 resistance level has resulted in multiple reversals between April and May and will likely consolidate market prices. In case of a broader market recovery, the 50% Fibonacci level breakout is likely to hit the $0.51 mark or the apex of the falling channel pattern. Hence, if conflux exceeds the $0.24 psychological mark in November, the chances of reclaiming the psychological mark of $0.50 will significantly increase. Conversely, the crucial support for the altcoin remains at the $0.15 psychological mark and $0.11 psychological mark. Wondering if CFX will hit $5 in 2024? Find out now in Coinpediaβs well-rounded CFX price prediction, and subscribe to us for all the latest updates! Longby Coinpedia-Market-Insight1
so simple, will long.I will teach you how to correctly draw the line position, choose the starting point and midpoint, and go long and rise at the support levelLongby trade16384
Buying Chance on CFXCONFLUX it has a buying chance on the lower time frames to enter at ~$0.16 With a stoploss below $0.14Longby MohamedSewid0
Conflux (CFX)After Conflux broke the long-term downtrend line, it made a huge rise. Now, CFX is in a correction phase which seems to unfold in a triangular pattern. Let's see when CFX breaks this pattern.by SaeedSalehiniaUpdated 558
Conflux _ Next Target is Box Size _ Biggest Profit (+1,456 % )Conflux, Trading in Side Waves or Box. Next Target is the Box Top and if Breakout above the Box, Box Target is USD 2.27048238. Offering the Chance to Achieve Biggest Profit of (+1,456%). Suppose if Breakout bottom of the Box, exit all the positions. Support me; I want to Help People Make PROFIT all over the "World". Longby SasikumarMani1
CFXUSD Buy after it breaks above the 1D MA100.It's been too long since we last analyzed Conflux (CFXUSD) and on that analysis (January 26, see chart below) we got a clear bullish break-out signal that easily hit our 0.4000 Target: The price has since entered a brutal sell-off below the 1D MA50 (blue trend-line) and the pattern that stands out the most is a Channel Up. The decline hasn't yet reached the bottom of that pattern, but it is getting close. Last time it completed approximately a -80% decline. The signal to buy was given when the 1D RSI made a Triple Bottom below the 30.00 oversold barrier and was confirmed when the price broke above the 1D MA100 (green trend-line). We are waiting for that signal to buy and target 0.55000 (just below the Resistance and previous Higher High of the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot116
CFXAfter thorough analysis I've came to a conclusion that the best looking waves count for CFX is this... After wave 2 finishes we should expect a bullish volume that takes the price to a new all time high.by MohamedSewid1
CONFLUX --- CON your way into Wealth"What is Conflux? Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion.... As the only regulatory-compliant public blockchain in CHINA, Conflux provides a unique advantage for building projects and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos." ----- CHINESE blockchain... Always a good narrative Can it a FDV of 46 Billion? We shall see Major inverse head and shoulders Theres also a mini one right now!Longby BallaJiUpdated 3311
CFXUSDTmove over neo they actually built the eth for china only fully compliant L1 with the chinese government easier for projecs to expand into asia which is probably cryptos biggest market given all the anime culture things break this downtrend line (febuary?) and we can target the previously show highs that narrative should run the whole bull market... crypto markets been obsessed with news about china for agesLongby olliecoughland1
CFXUSD Fierce consolidation. Trade the break-out.Conflux (CFXUSD) has been consolidating around the 1D MA50 (blue trend-line) while holding the 1D MA200 (orange trend-line) as its Support. A simple break-out trading plan should be applied here. If the price closes a 1D candle below the 1D MA200, we will sell and target the top of Support Zone 1 at 0.1150. If it closes above Resistance Zone 1, we will buy and target the bottom of Resistance Zone 2 at 0.4000. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot2214
CFX Long Position - Potential Support Flip and Long-Term Target!A trade analysis for CFX suggests a potential long position with a focus on flipping a clear level into support, along with a designated stop and long-term target. Key Trade Details: Long Position: Considering a long position on CFX. Potential Support Flip: The trade is based on the potential flip of a clear level into support. Stop Level: The stop is set below the prior lows at $0.147, serving as a risk management measure. Long-Term Target: In the context of a longer-term trend, the trade could aim for $0.43 as a potential target.Longby Richtv_official1
CfxBreakdown of the downtrend in the weekly time frame,,continue to the target of $1 and $1.7,,,check to buy Longby hippo_trader223
CfxAfter a long break and breaking the downtrend Upward movement up to 1.5 dollars can continue, check to buy Longby hippo_trader0
CFX - about to break out?lets see where this goes. Tp 1: 0,23 usd TP 2: 0,28 usd SL : .015 usd Longby hodler2000Updated 0
CFXUSD: Channel Down bullish breakout. Immediate target 0.1900.Conflux crossed today over the top of the April Channel Down, as well as the 1D MA50. The 1D technical outlook has turned overbought instantly (RSI = 71.137, MACD = -0.001, ADX = 36.832) but that might not weigh against a continuation of the uptrend as the 1D MACD just formed a Bullish Cross. The intra day pullback is a buy opportunity, aimed at the R1 level and the 1D MA200 (TP = 0.19000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope4
Using the Gann fan is a powerful tool - CFX/USD exampleOnce you know how to properly apply the Gann fan, it provides powerful guidance and precision. Notice how it marks support, resistance, trend break and direction.by ThinkLikeaWhaleTLAW112
CFX Conflux - honestly, a very nice setup here, in plain sight TD13 established as current bottom on 5D Heikins. Bumping against the 3/1 Gann angle and aiming as high as the 8/1 with the superconfluence of 0.618/0.702 and Ichimoku cloud. We could be talking serious gains here, double your money. All depends on the mini-alt season brewing (or not). Still, the setup is here. Interesting to see how we absorb the EMAs and Gann angles on the way up. On the 12-hour frame we have an inverse HS formation that is also emerging in some charts currently: TRX was the precursor, now we have MANA and XRP, for example). NFA - education onlyLongby ThinkLikeaWhaleTLAW4
CFXUSD Inside the Channel Down, not bullish yet.Conflux (CFXUSD) has been trading within a Channel Down pattern since the March 19 High. The 1D MA50 (blue trend-line) has priced all Lower Highs since May 23 but it is the 1D MA100 (green trend-line) that has been untouched since June 01. The 1D RSI is on Higher Lows against the Lower Lows of the price, waving a big Bullish Divergence. The last time we saw a similar Channel Down structure was last year in Q3 - Q4. The pattern eventually broke upwards on a parabolic rise after the price broke above the 1D MA100. Before that, the earliest signal was when the 1D RSI broke above its onw Lower Highs trend-line. As a result, we will wait for the RSI to make the first move and buy when the 1D MA100 breaks. All Fibonacci levels that follow will be targeted one by one. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot7
β΄οΈ Conflux vs FetchAI - Let Me Explain! (Major Bullish Wave)These two are not competing, just let me explain... If you read the FetchAI trade idea, I mentioned that it moved first in early January 2023/late December 2022. It moved first and strong leading the market. This type of action is also true for Conflux (CFXUSD). If FetchAI ends its correction and resumes growing, it means the entire Cryptocurrency market will do the same. This also applies to Conflux, if the correction is over and a new bullish wave starts, it means that market will do the same. As these pairs moved first and strong, seeing them resume their bullish action means that the time for accumulation is gone. Here we can see CFXUSD bouncing perfectly at the 0.786 Retracement Fib. level support. This is perfect. We have bullish divergence short-term with the MACD and long-term hidden bullish divergence with both the MACD and RSI, signaling that this pair is getting ready to grow. This is only one of many bullish signals that I started to share. You can check the related ideas below for many more signals that predict and confirm an upcoming, major, bullish wave. It is inevitable... It is already happening. Namaste.Longby AlanSantana10
Conflux Network (CFX) Conflux is Chinaβs only regulatory-compliant public blockchain at this time. Key Takeaways: Conflux is the only regulatory-compliant, public permissionless blockchain in China. Conflux is a proof of work and proof of stake hybrid blockchain. Conflux has a unique Tree-Graph structure and GHAST consensus mechanism that work together to achieve high throughput, scalability and security. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. by CryptoTrend-Alerts3
CFXUSD Double bottomed and is looking for +45% rally.Conflux (CFXUSD) made a low two days ago on the 0.1725 Support and along with the June 15 Low, makes so far a Double Bottom formation. It is no surprise then to see the price on a strong 1D candle today, headed towards the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the March 19 High is a Channel Down, so if the Double Bottom breaks, we will sell and target a new Lower Low at 0.1000. Until it does though, the Double Bottom is a formation capable of breaking above the Channel Down, so we will take a long on the current price and target the 0.382 Fibonacci retracement level from the top (0.29000) which is the bottom of the High Volatility Zone (and now Resistance Zone) of the 0.5 - 0.382 Fib range. That move represents a +45% rise from the current value. Beyond that, we will buy only if the price breaks above the 0.618 Fib and target the March 19 High at 0.488000. Notice the 1D RSI, which is completing an Inverse Head and Shoulders pattern, a typical bullish reversal formation. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot227
CFXUSD The 1D MA50 distinguishes buying from selling.Conflux (CFXUSD) is testing the 1D MA50 (blue trend-line) today near the top of its March Channel Down. With the 1D MACD on a Bullish Cross and the 1D RSI rebounded from the (nearly) oversol 30.00 territory, a 1D candle closing above the 1D MA50, will be a bullish break-out signal first towards Resistance 1 and then the -0.5 Fibonacci extension at 0.93000. Until the 1D MA50 break-out, it is more likely that the Channel Down continues to drop steadily and if the price closes below it, sell more aggressively towards the 1D MA200 (orange trend-line) and 0.17000. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot6612