CFXUSDT trade ideas
CFX Bearish TriangleThere is a downtrend on the instrument, a decrease in trading volumes, the buyer cannot update local highs, all this indicates the presence of its weakness.
In view of the above, a short breakout level was formed with several touches, as well as a downward slope. I expect that the further inability to update the highs and the price tightening to the level of $ 0.2050 will lead to its breakdown into the short.
CFXUSDT(Conflux) Daily tf Range Updated till 26-02-23CFXUSDT(Conflux) Daily timeframe range. retraced about 1630%+ from local low thats actually crazy but true. we can see it did this kind of moves in past too so no surprises. #0.2051 holding out for now clearing will lead it down, breaking out of #0.3664 will open a level till #0.5041.
Conflux Network (CFX) formed a bullish Gartley upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
In the recent trade setup, CFX was very close to complete the final leg of a bullish BAT , but pumped before entering the buying zone as below:
Now this time on a 4-hr time frame, CFX has formed a bullish Gartley move for another bullish reversal move 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
Will it Break UP or Break DOWN ?in my opinion like this
1.> Bull Symmetrical Triangle , its indicate a patternt that have BULLISH momentum 'strong with also MACD is at the bottom and starting to climb up
2.> like you can seee the circle RED for RSI and the price that make a Lower High (price) and a Higher High for RSI , make a name that " Hidden Bearish Divergen" make it more BEARISH but not strong because the name is HIDDEN? hahaha
i just can hope it will go PUMP hahaha but becarfull to be not GREEDY
#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
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
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