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CFXUSDT trade ideas

Uptrend reversal point: above 0.1350Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (CFXUSDT chart) The key is whether the price can be maintained by rising to the 0.1953-0.294 range. (1W chart) Accordingly, it is necessary to check whether support can be received by rising above 0.1350. (1D chart) If the price rises above 0.333 and holds, it is expected to create a new wave. The key is whether it can receive support around 0.1212-0.1282 and rise to around 0.1640-0.1882. Otherwise, if it shows resistance below 0.1212, it may fall to around 0.0792, so you need to think about a response plan. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
CFX Getting Ready To....?CFX is another project that pumped hard at the bottom of the bear market indicating it will most likely be a big mover this cycle. We will do a macro analysis on this soon Current Trading Plan: Stop loss is a little wide for a possible reverse head and shoulders. 10% or laddering in down to the stop loss area. Target 1 will be 50% retrace of the last swing and just above the current local highs approximately 15% higher. Target 2 will be the top of the fair value gap at a past support level just below the 200EMA and the .786 retrace level and approximately 30% higher
Long
by Degen-Dynasty
1
Conflux Possible Playout ChartCFX price movements are predicted to increase because there is bullish confirmation after breaking the resistance line at $0.1275. However, this confirmation certainly has the potential to experience bearish again, but here the movement is quite positive for bullish. The upside potential for CFX is $0.1415 with a potential gain of 11.01% this week. Of course, this potential goes back to existing market conditions. There are several key levels for CFX, namely $0.1345 as the nearest resistance.
Long
by Cozybanana78
$CFX Performing descending broadening LSE:CFX Performing descending broadening wedge pattern Descending Broadening Wedge Pattern Explained A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines . A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines multiple times as the trading range expands during the downtrend in price. Price should touch each line 2 or 3 times to be considered a valid pattern. This pattern looks like a megaphone pointing down and to the right. A descending broadening wedge is looked at as a bullish pattern as it forms but it is not validated as a buy signal until the pattern starts to make short term higher lows and higher highs and the upper resistance trend line is broken and price begins to move to the upside and above the upper trend line. As the descending broadening wedge pattern is forming trading volumes become most meaningful as the pattern breaks out above the upper trend line, this should happen on increasing volume showing that the chart is starting to go into an accumulation cycle.
Long
by Crypto-Adda_Official
Signals Green On CFX: Buy Now, Thank Me Later!"Let's embark on a thrilling journey through the intricacies of CFXUSDT! 🚀 Join me as we dissect its price movements, uncover potential patterns, and reveal the hidden gems that could drive your crypto portfolio to new heights. Get ready for an in-depth analysis that's packed with insights and tailored just for you Welcome to my channel! Dive into the world of cryptocurrency with daily technical analysis, where we explore the latest market trends and uncover potential opportunities. From Bitcoin to a wide range of altcoins, I'm here to provide you with valuable insights and predictions to empower your investment decisions. Please remember that crypto technical analysis is a powerful tool, but it's not infallible. It's essential to consider a holistic approach to your investments, taking into account factors like overall market trends, economic conditions, and information dissemination. This channel is dedicated to expanding your knowledge and fostering meaningful discussions. Join me for the most up-to-date analyses, and don't forget to engage in the conversation in the comments section below! Remember, this content is for informational purposes only and should not be considered financial advice. Always use it as a part of your broader investment strategy."
Long
by MoonTradingForecast
1
Our attempt to identify the next "pump coin". CFX long trade #10While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value stood still or grew slightly, they moved in the 1-2% range., some coins have been pumping like as: FLM, GTC, PERP, UNFI, Cyber, TRB etc... This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required. Enter = 0,1281 Stop = 0,1243 ( -3%) TP1 = 0,1960 ( +53%) TP2 = 0,2780 ( +117%) P/L ratio = 39.5 According to these conditions, with a position size of $5000, the amount of potential loss is $150, and the potential profit is TP1 = $2650 or TP2 = $5850 Depending on the dynamics of price growth, we will decide where to record profits in real-time. Therefore, if you are interested in watching for this trade, write a comment, put a like, and you will receive a notification when we update the idea.
Long
by P_S_trade
29
CFX - 🚩 Flying High: Unveiling the Bullish Flag Formation 📈🚀On the weekly chart, CFX displays a promising bull flag formation. In the long term, it resembles a head and shoulders pattern around 0.09, with a favorable risk-reward profile. There are two resistance ladders on KDJ and Fisher indicators that need to be surpassed. The projected path is shown in black. The bull flag setup remains intact, even potentially retracing to the 0.07c area. PS Notice the green highlights on indicators.
Long
by PIKandExmoStudy
Nice Breakout 🐼- Triple confirmation ☑️☑️☑️CFX (Conflux) has performed well today with an impressive breakout. It comes with 3 confirmations: ☑️Price broke higher over the wedge, ☑️Managed to jump over Professor's EMA, ☑️Overcame the technical obstacle of Fib Resistance The news are also very promising: Conflux partners with World Mobile as WMT token bridges outside of Cardano A new partnership between Conflux Network (CFX), China’s first regulatory-compliant public blockchain, and World Mobile, a global mobile network based on blockchain, aims to expand blockchain-based mobile access. The collaboration follows the successful launch of Conflux’s BSIM, which saw its CFX token surge over 100%. It focuses initially on four key strategic areas: Public bridging, tech integration, Asian and African market expansion, and blockchain-based SIM card development, according to documents seen by CryptoSlate, Partnership goals and focus. Public bridging will involve World Mobile Token (WMT) transitioning from the Cardano blockchain to the Conflux blockchain ecosystem, marking the first bridge for the mobile network’s native token outside the Cardano ecosystem. The focus on tech integrations will see Conflux and World Mobile working together to integrate the Conflux network into World Mobile’s sidechain, AyA, thus bringing EarthNode capabilities and financial settlement to the Conflux network. Further, the partnership will look to the Asian and African markets, leveraging their strengths to increase connectivity, drive user acquisition, and further market penetration. Conflux’s CFX ranks among Nigeria’s top three most popular cryptocurrencies, a significant development since Nigeria accounts for nearly 67% of crypto interest in Africa. The final prong of the strategy regards blockchain-based SIM card development, where the partners will investigate how World Mobile can optimally utilize Conflux’s blockchain-based SIM card to increase digital connectivity access worldwide. YuanJie Zhang, Co-Founder of Conflux, emphasized the importance of global partnerships in pushing the boundaries of Web3 adoption. “Conflux Network takes its mission to push the frontier of Web3 adoption at a low cost, with fast speed and decentralized security, very seriously,” Zhang said. Looking GOOD! One Love, The FXPROFESSOR 👋 ps. 🥟 Conflux Network (CFX) is China’s first regulatory-compliant public blockchain 🐼
Long
by FX_Professor
1