CFXUSDT Descending Channel!CFXUSDT Technical analysis update
Buy zone: Below $0.092
Stop loss: $0.066
take Profit 1 : $0.111
Take Profit 2 : $0.150
Take Profit 3 : $0.210
Always keep stop loss
Thanks
Hexa
CFXUSDT trade ideas
#CFX/USDT - Long - Potential 96.49%Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 0.48%
Exit:
• ⎿ Target 5 : 0.1511 96.49%
• ⎿ Target 4 : 0.1165 51.5%
• ⎿ Target 3 : 0.0924 20.16%
• ⎿ Target 2 : 0.0847 10.14%
• ⎿ Target 1 : 0.0801 4.16%
Entry: 0.0760 ⌁ 0.0776
Current market price: 0.0767
Stop: 0.0612 (-20.42%)
Technical indicators:
• ⎿ 24h Volume: 28701287.1184
• ⎿ Satoshis: 0.0769
Volume finding alts after BTC break out. CFX have just announced a key partnership with China Telecom. Nice falling wedge break too.
Trade: CFXUSDT 15/02/2023 12:24
Account: SPOT
Volume last 24h: 28701287.12 USDT
Volume in buy range: 19584.85 USDT
cfxvery good risk reward ratio. sl is 30% away so adjust your risk accordingly .(not a financial advice)
CFXUSDT(Conflux) Daily tf Range Updated till 3-02-23CFXUSDT(Conflux)) Daily timeframe range. after very long low volume consolidation and downtrend. it finally retraced back and the retrace is quite good over 200%. its needs to hold above 0.0240 if it do lots of potential ahead. if not than back to price discovery which will be painful.
Conflux Network (CFX) forming bullish BAT for upto 41% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Recently we caught a almost 270% pump of CFX as below:
Now on a 2-hr time frame, CFX is about to complete the final leg of a bullish BAT move for another pump soon.
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
Dreamy chartEverything was drawed on the chart.
Trend is up
This is just a pullback ( a chance for buying )
Stop loss: below the last low ( higher low )
First tp : a new Higher High
CFXTesting Trendline In daily Tf
While Rsi Printed Massive Bulish Divergence Incase Of Breakout Expecting Massive Bulish Wave
CFX Coin Conflux Token Price PredictionThis is the Analysis on CFX Coin Conflux Token Price Prediction in which there is a possibility that price might react from these levels for possible bounce entries.
Conflux Network (CFX) formed bullish Gartley for upto 24% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Previously we caught a very nice pump of CFX:
Now on a 4-hr time frame, CFX has formed a bullish Gartley pattern.
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/USDT analysis)The #5 suggestion and alternative for Ethereum POW, for gpu miners , is ,with an good potential for having
more growth ;
🔹Rank #178,/ kind : coin POW \\ Market Cap:$117,780,170
Total Supply: 5,278,164,274///2.09B CFX 40%====> good
🔰What is Conflux (CFX)?
Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability.
Sustainable Infrastructure for the global token-economy. Conflux enables creators, communities, and markets to connect across borders and protocols
📊Technical POV :
Since early Apr 22 , CFXUSDT has been declining underneath of a descending trend line up until now , It recently seems has a potential to jump , just if it be able to take over current green (pivot) zone so in this case it should also breakout the descending trend line to see the higher resistance zones , but may be rejected and retest the lower support zones as a a correction, according to my scenario .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
CFX USDT LONG SWING | CFXUSDT | LONG @ 0.0515 - 0.0525 | TP @ 0.053, 0.0535, 0.054, 0.0545, 0.055 | SL @ 0.049 | PATTERN = 200 EMA RETEST | GATEIO |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:CFXUSDT OKX:CFXUSDT BINANCE:CFXUSD KUCOIN:CFXUSDT COINEX:CFXUSDT GATEIO:CFXUSDT
Conflux gonna shine in the future! As BINANCE:ETHUSDT 2.0 merge is around the corner, most of the miners are forced to find other PoW coins such as ETC, Zcoin and also CFX. Due to the changing of Ethereum from PoW to PoS, those PoW coins will easily get pumped. And now, I would like to introduce a real Ethereum killer, Conflux. For your information, the TPS of CFX is around 6400, which is the highest in cryptocurrency (ETH is currently at 16TPS). As Conflux's ecosystem is compatible with solidity language programming, therefore those Ethereum projects can easily move to Conflux and build on it. Thirdly, CFX is the only accepted blockchain by the China Government (you can imagine that 1.4billion of their people start to use Conflux). And most of the
digital collections are using Conflux too, famous singer like Jay Chou is selling their digital collections using Conflux blockchain. The only disadvantage for Conflux is they are bad at marketing, not the same as, BINANCE:ADAUSDT which are good at advertising their blockchain updates through social media. Thus, it might take time for Conflux to be famous. But if one day everyone knows about this project with their high blockchain technology, it will easily pump to 1000x or more. But all of this is just my personal views, not financial advice. And as it is a China project, so it might be highly controlled, This is contrary to the idea of cryptocurrency, therefore it might not be favored by some of the crypto investors.
Conflux (CFX) - trend reversalOn the the above 1-day chart price action has corrected 90% from the $1.30 high of March 2021. A number reasons now exist to be long, including:
1) The ‘incredible buy’ signal… oh wait it’s not there is it. Or is it.. read on.
2) Trend reversal. Higher highs and higher lows have replaced lower highs and lower lows.
3) Price action is currently testing the golden ratio and bottoming candle.
4) The 2-day BTC pair (below). If you’ve been paying attention to my publications recently - wink wink nudge nudge.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
Good luck!
Ww
CFX/BTC pairs on 2-day chart
CFX/USDTHello,
CFX/USDT
ENTRY 0.057
Stop lose 0.0537 Risky 7%
Targets (0.062 - 0.071 - 0.081)
Not financial advice
DYOR
CFX buy signalCan CFX pump now when btc is pretty weak ?
This is just a buy signal
not a financial advice to buy
if you hold this coin,
you can try to sell somewhere near some local top
CFX breakoutCFX breakout in all major charts 4hr 2hr 1 day.
we might expect to see towards weak resistance o.o6 and strong resistance o.o7-8. and see 0.10 line
best of luck.
CFXUSDT Buy opportunityHey guys,
Price break important downtrendline and going for re-test. This pullback is for buying. We should pick some bags of this coin within the given zone and make sure to follow the stop loss supplied.
Targets are shown on the chart.
CFX/USDTMy opinion for support and resistance and I hope it will make a jump of up to 10%
Good Luck Traders 🍀
wait for previous low reclaim - Great PotentialHI guys
there is a great opportunity if CFX manage to reclaim the previous low.
for sure it will retest the previous low
then HODL
Possible breakout to upside. If we can break the down trend, there is plenty of room for legs. If we fall below .20 more accumulation. DYOR.
