CFXUSD Massive rise. How to trade this rally.Conflux/ CFXUSD is on a massive fundamental rally that easily crossed over the 0.25550 Resistance (1).
The rally doesn't seem ready to stop and by August can fill all gaps all the way to its historic High.
The last consolidation after the first rally was made within the High Variance Zone designated by the Channel Up consolidation during the Bear Cycle. There have been another two such Channels and will be our buy entries during this rally.
Trading Plan:
1. Buy at 0.1400 (2nd High Variance Zone).
2. Buy at 0.3000 (3rd and final Variance Zone).
Targets:
1. 0.8500 (below Resistance 2).
2. 2.0200 (Resistance 3 - All Time High).
Tips:
1. The RSI is supported in a similar way like December-January. That kick started a strong rise. Break below and the pattern might be negated.
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CFXUSD
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
Conflux Network (CFX) formed bullish Gartley | upto 18.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with Bitcoin pair.
On a daily 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
Conflux Network (CFX) formed bullish Cypher for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
On a 4-hr time frame, CFX has formed a bullish Cypher 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 another exploding gem right here!!hiii everyone hope you are all doing good. I am expected CFX to explode in near 5-10 days for target 1$. We have strong technicals and also main net of this project soon so price going to hit high. we can take entry around .22$ for target .5$ and for target .9$ and for target 1.5$ and sl to be at .19$. Good Luck
Conflux Again- CFX had a lack of power but i always liked this project because Conflux Network is favored by Chinese Government to start CDBC.
it could means a lot because they will have to adopt cryptos at one point.
- Can check some Prepump news here :
www.coindesk.com
- Like is said many times, the goal is to buy a product before peoples buy, and drop when regulars peoples fomo buy in.
- We want to be on the train before the start :D
- That said, i also Mine CFX and the returns is better than mining ETH, despite the price now.
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Trading Plan
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You can see in the graph an oscillating corridor in BB (Yellow Corridor) . it means CFX is still consolidating in an accumulation zone.
Buy : 0.33$ (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 !
CFXUSDT Really bullishHi all. I am so bullish on CFX!
Do you see that bullflag?
Do you see that cup and handle being formed?
Do you see all that volume since about a month?
Do you see the MACD has just crossed bullish on the 4h?
This might even go beyond the moon! lol
I am going to keep this one for a while.
Any thoughts? Please make a comment
CFXUSDTCFX has been in a downward channel since the end of march. Recently it broke out and now it looks like forming a bullish flag.
There is a possibility for a retest to the lower lever from where it broke out. That would be a great buy, but scenario 2 is that it breaks out to the north and as soon as it passes the upper yellow line in the chart, then CFX can go to unknown levels, even to the moon.cf
Conflux - PT: $400 - $500 - Strong buyShanghai Government Invests $5M in Blockchain Startup Conflux
www.coindesk.com
Beavering Away at the Conflux Network: A Chinese Blockchain’s Attempt to 'Fix' Ethereum
Conflux Network's public blockchain claims to be more secure, scalable and decentralized than Ethereum. Da bing sat down with co-founder, Fan Long, to talk about its future.
decrypt.co
We think Conflux will be better than ETH. April will be the month when $CFX will start its journey.
More info:
coinmarketcap.com
confluxnetwork.org
ConfluxJust listed few weeks ago on Binance. Conflux is a great Mineable coin, when ETH will switch to POS, those coins in POW will jump. Dyor more about it. the fees to send CFX are ridiculously cheap.
Conflux is a public, permissionless blockchain bridging Asian and Western communities and economies, to enable the secure flow of assets and data across borders, protocols & applications. The Conflux protocol is fast, scalable, and solidity compatible, with zero congestion and low fees. Headquartered in Beijing China, Conflux has expanded its global operations with a diverse distributed team across four continents, and additional offices in Toronto, Canada and Lagos, Nigeria.
Conflux originated in the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University. It is based on a Tree-Graph consensus mechanism that optimizes for security, scalability and decentralization.
In 2018, the Conflux Foundation was formed, and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism. Established as the only state-endorsed public, permissionless blockchain in China, Conflux is advancing education and research in blockchain development through the Tree-Graph Research Institute, in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan.
Trading Parts :
Buy zone : now around 1$
TP1 : 1.37$ (ATH Security TP)
TP2 : 1.55$
TP3 : 1.85$
This coin not have yet the volume it deserves so be patient and be there before the pump, also follow the King moves! Stay Safe.
Happy Tr4Ding !