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CFXUSDT trade ideas
CFX the chinese ethBull trend on CFX this coin seems to have gas left in the tank.
NFA but if pattern repeats , it's heading close to the 70c levels.
Naturally the first move will be downwords , deceptive ,followed by the pump.
CFX formed symmetrical Triangle PatternCFX formed symmetrical Triangle Pattern
Wait for Breakout or Breakdown and Retest before Long or Short
CFX LongSeems that CFX found a support. on 6 and 8 H RSI is crossing
expecting continuation of the growth
Bullish on CFX for short term profitwww.tradingview.com
Bullish on CFX , just finished motive force waves 1 and 2, and starting wave 3 now with a nice leading diagonal.
TP1: lvl 27 fibo @ 0.41
TP2: lvl 61 fibo @ 0.4266
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.
CFXUSD ❕ double bottomRSI chart moves around neutral values (4H, 1H and 30m TFs)
I expect CFX to rise after fixing above support.
cfx price predictionPrice forecast in the next 30 days. I think he should fix at least 30% of the ceiling price.
CFX - Updated Market StrucutreIf this pump can hold I'm expecting some form of reaction at $0.55.
$1 within reach once past $0.7 resistance - Expecting BTC to potentialy break out in a week to realize this.
Best, Hard Forky
CFXUSDOn the 30M Time frame as you can see short term short until 0.4092 however I do have a strong feeling if BTC does manage to brake 28.7k we will see CFX try and go for 0.50 which was pervious high. If we see short term pullback then I expect to see CFX touch .236 fib which is around 0.403433
Otherwise on 4 HR time frame we have good support at 0.5 fob - 0.30 level
Cfx Getting Ready for another Bullish impulse Forming Bullish Flag In H1 timeframe Incase Of breakout expecting another 25 to 30% bullish Move
CFX up to Weekly / Monthly resistance, finish correction @ 0.24I expect a pump to 0.38 - 0.41 (Weekly SR lines are red, Monthly SR lines are yellow). Then rejection with final support at Weekly / Daily (white) confluence around 0.24.
HOWEVER... we are at monthly support now. It's possible the correction is over. Just doesn't feel like it. Any sharp upward moves are likely exit liquidity and should be faded.
CFX - Counter StrategyStill in the short from 0.48 but considering alternative outcomes.
The ceiling is at 0.77 and presents a realistic target for early April. Interestingly this is the trend based Fib indicates a key level of resistance there. I'm considering a sizable hedge.
Best, Hard Forky
Local Short
CONFLUX- Amazing Structure ✔️First time i heard from these guys all i said was: 'The Chinese are back'! And they are the good kind of China men and women. My good friends in Hungary also involved in the project and it took me a bit of research and studying to say: ''I LIKE THIS!!!''
I've been involved with trading CFX and it's been great to me (i did close a trade with losses before re-entering at 0,31 couple of days ago. Spot? That I am not selling yet).
I see potential for 0,79$ here but I am used to taking profit partially and will do so at 50c and 63c.
The project is innovative, they even asked to interview me as a Key opinion leader to develop something interesting for people like me that do charts. i liked the idea but can't share more.
I can tell you one thing though: This Team is full of energy and they stand for hard work! Unlike many cryptos out there they seem to be delivering and i can bet some money on them, i think they will do great!
One Love,
The FXPROFESSOR
CFX 2H BUYCFX 2H support is now at ~$0.35
Enter 50% at the current price
and try to set some BUY orders near the support zone
If CFX stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
DOUBLE BOTTOM PATTERN on CFXUSDTCFXUSDT has confirmed a Double Bottom pattern and we have entered a long position on this after break out of Neckline
CFX - ShortTarget Price $0.25. Tight Stop above recent high - Entry after weekly close.
Expecting market to drop on weekly close.
Best, hard Forky
CFX/USDT INVERSE CUP & HANDLE CFX/USDT is forming an inverse cup & handle pattern and if it breaks downside, breach of lower low point can give us a good short entry for this trade.
CFXUSDT CFX so far looks bullish
Did very good retest on weekly above 100 ema
Next targets you can see on the chart
