CFX is ready to shortttt?!! Follow me!!Cfx is ready to shortttt . Everything so clear...
After pulling back to the trend line, it can start falling, be sure to keep an eye on it.
CFXUSDT.PS trade ideas
CFXUSDTcfx coin is in wave C from A B C pattern
we can achieve 100 % target of wave (A) for this year
CFX PriceCFX token has projected a rejection from the 50 day EMA mark and breached multiple supports in the past. Amidst the bearishness across the market, CFX teases a bullish reversal and eyes a pullback.
LONG #CFXUSDTLONG #CFXUSDT from $0.12529 stop loss $0.12451
15m TF. The coin is moving in a local uptrend, pushing the price along the trend line, which indicates the presence of active buyers pushing the price to overshoot. The compression goes to two clear resistance levels, beyond which there is unrealized liquidity.
I will be waiting for a smooth approach to the levels, the formation of consolidation and an upward movement on the activity in the glass.
1TP — 0,12638
2TP — 0,12751
3TP — 0,12827
LONG POSITION CFX/USDTwe can enter the LONG position at the specified entry points.
It is clear that risk management is followed
#LQR #TOBTC #CFX #Watchlistyou may add CFX and this pattern on you'r todays watchlist
with breaking up the Down-trend try to plan you'r Trade-setup
CFX - Nice IHS, target -> .25 Simple and short, as always :) CFX is printing a nice IHS pattern on the 4h chart with a target of 25 cents. I would wait for another pullback into systemic trend around 16 cents, should not drop below 14 cents anymore, if it's going to play out. First resistance would be the yearly open around ~19-20 cents, needs to break with conviction, if it does it should push into 25 cents or higher.
Stay safe!
CFXUSDT.PCFXUSDT.P is in bearish trend.
Potentially printing LH and LL.
Bearish divergence also form.
We do not wait for breakout we sell at CMP.
Comprehensive Analysis of CFX✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the CFX coin in the crypto market.
🗂 About the Project: CFX, or Conflux, is a decentralized platform designed to facilitate the creation of decentralized applications and to support large-scale commercial use. Known for its unique Tree-Graph consensus algorithm, it aims to provide high throughput and low latency for blockchain transactions, making it a popular choice among developers.
📅 Weekly Timeframe Analysis
In this timeframe, CFX has experienced significant movements. Recently, it saw an upward trend reaching a peak, which was a critical supply zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, CFX is at a support level of 0.1081 after a correction phase.
📈 If CFX stabilizes above 0.2336, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 0.5155. Confirmation of a new upward trend will depend on candle stability above this level.
📉 Conversely, if CFX falls back into the range between 0.1081 and 0.2336, and stabilizes below 0.1081, it indicates a bearish trend continuation. The next critical support level would be around 0.0539.
In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence.
📅 Daily Timeframe Analysis
On the daily chart, CFX ranged around the 0.1955 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 0.1421.
🧲 Given the current setup, a stabilization below 0.1421 could signal another bearish wave.
On the flip side, if the price moves above 0.1955, it could indicate the start of a bullish trend, targeting higher resistance levels.
📅 4-Hour Timeframe Analysis
In the 4-hour timeframe, CFX has pulled back to the SMA99 and reached the resistance at 0.1976. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement.
📈 For short positions, the key levels to watch are 0.1976 and 0.2611, where price reactions could provide better entry points.
📉 For long positions, critical levels are 0.1421 and 0.1081.
📊 RSI Oscillator
The RSI is currently ranging between 44.24 and 55.86 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points.
📉 Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans.
⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
CFX / TetherUS _ Distribution _ Prices _ Q3 _ Under _ Trading _CFX / TetherUS _ Distribution _ Prices _ Q3 _ Under _ Trading _ Venue _ Binance.
Someone while ago asked for CFX. Almost ready!
TimeFrame: 1D
Note: 2 Retest require prior the breakout! (Red Area)
1st Mid Distribution price:
$0.2216
$0.2435
$0.3065
_____________________
Now we calculate the Breakout prices:
$0.3096
$0.3769
$0.4429
$0.5048
$0.5756
How did I achieved to the above numbers:
Once the mid distribution price is confirmed we start calculating the number of months between 1st of January 2023 and 28th of March 2022, we need to account for the full months and the partial months at the start and end.
Step-by-Step Calculation
1. We calculate the full months between April 2022 and December 2022:
- April 2022 to December 2022 is 9 full months (April, May, June, July, August, September, October, November, December).
2. We calculate the days in the partial months:
- From March 28 to March 31, 2022:
31 - 28 + 1 = 4 days.
- January 2023 is counted as the full month up to January 1.
Then we do the conversion of Days to Months
There are about 30 days in a month, so 4 % 30 = 0.13 months
Then we calculate the total Months:
Now we combining the full months and the partial days converted to months:
- Full months: 9
- Partial months: 0.13
Total months:
9 + 0.13 = 9.13
Therefore, the difference between 1st of January 2023 and 28th of March 2022 is approximately 9.13 month.
LONG POSITION CFX/USDTIn case of market correction, we can enter the long position at the specified entry points.
It is clear that risk management is followed.
$CFX loadingAn inverse head and shoulders is a chart pattern used in technical analysis to identify potential bullish reversals in a downtrend. It consists of three parts: two shoulders and a head in between them. Here’s how you can trade the inverse head and shoulders pattern:
### Identification
1. **Left Shoulder**: The price declines to a new low, then rises.
2. **Head**: The price declines again, forming a lower low than the left shoulder, then rises.
3. **Right Shoulder**: The price declines once more, but not as low as the head, then rises.
4. **Neckline**: Draw a line connecting the peaks between the left shoulder, head, and right shoulder. This line is called the neckline.
### Trading Steps
1. **Confirmation**:
- The pattern is confirmed when the price breaks above the neckline. Wait for a close above the neckline to confirm the breakout.
2. **Entry**:
- Enter a long position (buy) once the price closes above the neckline. Conservative traders might wait for a retest of the neckline as support.
3. **Stop Loss**:
- Place a stop loss below the lowest point of the right shoulder to minimize risk.
4. **Target Price**:
- Measure the distance from the head to the neckline. Add this distance to the breakout point to set your target price.
### Example
1. **Identification**: Suppose the price forms the left shoulder at $40, drops to $30 to form the head, rises back to $35, then drops to $32 to form the right shoulder, and the peaks between these are at $35 and $34.
2. **Neckline**: Draw a line connecting $35 and $34. This is your neckline.
3. **Confirmation**: Wait for the price to break above the neckline (say at $34.50).
4. **Entry**: Enter a long position at $34.50.
5. **Stop Loss**: Place a stop loss slightly below $32 (the right shoulder low), e.g., at $31.50.
6. **Target Price**: The distance from the head ($30) to the neckline ($34) is $4. Add this to the breakout point ($34.50) to get a target price of $38.50.
### Tips
- **Volume**: Look for increasing volume on the breakout above the neckline. This adds confirmation to the pattern.
- **Risk Management**: Always use stop losses and consider your risk-reward ratio before entering a trade.
- **Retests**: Sometimes, the price might retest the neckline after breaking out. This can be an additional entry point.
### Conclusion
Trading the inverse head and shoulders pattern involves identifying the pattern, waiting for confirmation, entering at the right point, and managing risk with stop losses and profit targets. Always practice with paper trading or a demo account before using real money.
CONFLUX HIGH BUY POSSIBILITY. RISK MAX 5%LSE:CFX broke upper trendline at around 0.1800$ currently correcting and will possibly bounce back.
CFX/USDT NEW INCREASE VOLUMECFX showing new interest in volume which can be confirmed in the coming time frames, we will follow this coin to see if it's able to be confirmed in the coming time
Check out the coming time frames if there will be a confirmation.
New updates will be on this chart
CFX Technical Analysis: Potential for a 3X gain.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
CFX/USDT is showing a promising setup on the 3-day chart, with strong support around $0.103 and significant resistance at $0.55.
The price has recently bounced off the support level and is currently hovering near the EMA ($0.1796), indicating a potential upward movement.
Key Levels:
- Current Price: $0.174.
- Primary Resistance: $0.1796.
- Higher Resistance: $0.55.
- Support: $0.103 to $0.124.
DYOR, NFA.
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Cfx Important Levels - Gann GridHello Dear Traders,
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Grid
- Vertical lines works as time lines. Expect Reversal around them.
For Today
Support : 0.116 Could Be Bottom.
Resistance :0.1533 - 0.195
Wish you Good Luck Trading.
Conflux Prepares For S-Wave After D-Top (600% Possible)After a more than a year long double top (D-Top), Conflux (CFXUSDT) is preparing for a new standard wave (S-Wave).
We have multiple signals pointing to this wave now developing, starting with the d-top and long-term duration higher low. The minimum target for this s-wave sits around the last high as a test/challenge of previous strong resistance. This means 200% growth potential (which is awesome).
This wave can develop really fast, it can unravel in a matter of weeks.
Prices going beyond this target can also happen with numbers similar to what is shown on the chart.
My job is the alert you of the best timing in the Galaxy, the greatest entry in the Universe; once you are in, you can take care of the chart.
We have early signals in place of a higher low so watch out... Keeping in mind that market conditions can always change. If a crash comes, make sure to plan for it with an exit strategy, some people call it a stop-loss.
Thank you for reading.
Make sure to boost if you would like to see more; & follow.
Thanks a lot for your support.
Namaste.
CFX explanationCFX update! I am holding it.
We took a CFX trade back then; it gave 50-55% profit on spot with its first target being hit. Then we bought CFX at $0.28 for mid-term on spot without a stop-loss. I expect it to run along with APT when APT will pump. Holding it tight.
It will have its day.
this chart is so bullish cfx in buy zone area i believe we can go back above the trend line within week we can see 0.8 to 1$
👀The Big picture $cfx analysis general outlook👀.Monthly Chart!If you ever wonder where we are in terms of potential, take a good look at this monthly chart and understand where you are before you freak out BTC's 1% baby drops. 👀Let Me Show You!👀 RSI is at 17 and volume reached historical high(Even Feb candle only 5 days in 25 days to go)! One needs to be completely aware of the whole picture before focusing on 15 min to 4hour candles. I personally believe we going to see one large monthly candle based on the data provided. Extremely unreasonable low rsi and record high volume is pretty much self explanatory! It took a lot less volume to move this 4x at once. Imagine If we all decide to go to same direction! Win- Win right!
CFXUSDT is BullishPrice was in a strong downtrend, however it found support and bullish divergence also appeared after which a strong upward move was made by the bulls. Price seems to have defined a higher low and is now again looking good to move up and smash previous higher high. Targets are mentioned on the chart.
What's Going On With CFXHello everyone
As shown CFX is warming up for a new bull run with a (Leading Diagonal wave).
I see 0.188$ is the bottom.
Wave (3) target: (0.7-1) $
Wave (5) target: (3-7) $
Best luck
