#CFXUSDT (Watchlist) 11/21What is Conflux Network?
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0. As a fast and secure public blockchain, Conflux Network combines Proof of Work and a Tree-Graph structure to power a new generation of decentralized commerce.
Conflux provides significant performance improvements by processing parallel blocks with a special DAG structure called a TreeGraph that allows miners to incorporate and process transactions in all concurrent blocks instead of having to compete for the longest chain.
The Conflux network operates on an account-based model similar to Ethereum and supports a modified version of Solidity and the EVM for its smart contracts so Ethereum smart contracts can be easily migrated to Conflux.
#CFX maybe worth it to add this coin to your Watchlist. 👀
(Share it with your friends)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management.
The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort so it subject to success or failure.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
CFXUSDT trade ideas
CFX,tested the low point many times and deviated from the bottomThe following content is machine translation:
CFX has repeatedly tested the support near 0.29 in the past one and a half months.
The macd indicator deviates from the bottom.
It is expected to rebound, and the value is around 0.29 to 0.3.
0.284 strict stop loss.
Conflux Again- CFX had a lack of power but i always liked this project because Conflux Network is favored by Chinese Government to start CDBC.
it could means a lot because they will have to adopt cryptos at one point.
- Can check some Prepump news here :
www.coindesk.com
- Like is said many times, the goal is to buy a product before peoples buy, and drop when regulars peoples fomo buy in.
- We want to be on the train before the start :D
- That said, i also Mine CFX and the returns is better than mining ETH, despite the price now.
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Trading Plan
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You can see in the graph an oscillating corridor in BB (Yellow Corridor) . it means CFX is still consolidating in an accumulation zone.
Buy : 0.33$ (Buy a bit)
Rebuy : 0.17$ (All in)
Tp1 : 0.49$ (Security TP)
Tp2 : 0.98$
Tp3 : 1.35$
Stop Loss : No need
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Play Wisely & Happy Tr4Ding !
CFX/USDT 1HOUR UPDATEWelcome to this quick cfx/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Entry:- 0.31, 0.32
Traget:-
T1:- 0.33
T2:- 0.35
T3:- 0.37
Stoploss:- 0.29
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
[CFXUSDT] Reminds me of Matic...Hi all!
CFX reminds me Matic back in 2019-2020 with this "wtf chart" with non-sense pumps.
Recent NFT partnership with McDonald's in China and the recent pump to $0.80 cents make me think it can rally once again, and probably even higher.
RSI and MACD getting bullish on daily timeframe. Bollinger's band are showing a movement happening very soon. Volume is also rising.
Maybe it would form an ascending broadening wedge with a second rally to 0.786 Fibo's level... It is risky and gamble for the moment but well, let's see how it goes!
Consider this scenario to be invalidated in the next 1-2 weeks.
I wanted to add this one for price tracking and to get some fun on predicting this one.
This is not an investment advice, do your own research.
Good luck everyone!
CFXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
this project have a good fonda news hardfork 30th septemberDue to the strictures of China, this project is completely in line with China, which we can expect to eat a good volume according to the event that you can buy in two or three steps:
step1:live price
step2:0.029
step3:0.23
hold for 1-2 months