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CFXUSDT trade ideas

Our attempt to identify the next "pump coin". CFX long trade #10While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value stood still or grew slightly, they moved in the 1-2% range., some coins have been pumping like as: FLM, GTC, PERP, UNFI, Cyber, TRB etc... This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required. Enter = 0,1281 Stop = 0,1243 ( -3%) TP1 = 0,1960 ( +53%) TP2 = 0,2780 ( +117%) P/L ratio = 39.5 According to these conditions, with a position size of $5000, the amount of potential loss is $150, and the potential profit is TP1 = $2650 or TP2 = $5850 Depending on the dynamics of price growth, we will decide where to record profits in real-time. Therefore, if you are interested in watching for this trade, write a comment, put a like, and you will receive a notification when we update the idea.
Long
by P_S_trade
29
CFX - 🚩 Flying High: Unveiling the Bullish Flag Formation 📈🚀On the weekly chart, CFX displays a promising bull flag formation. In the long term, it resembles a head and shoulders pattern around 0.09, with a favorable risk-reward profile. There are two resistance ladders on KDJ and Fisher indicators that need to be surpassed. The projected path is shown in black. The bull flag setup remains intact, even potentially retracing to the 0.07c area. PS Notice the green highlights on indicators.
Long
by PIKandExmoStudy
Nice Breakout 🐼- Triple confirmation ☑️☑️☑️CFX (Conflux) has performed well today with an impressive breakout. It comes with 3 confirmations: ☑️Price broke higher over the wedge, ☑️Managed to jump over Professor's EMA, ☑️Overcame the technical obstacle of Fib Resistance The news are also very promising: Conflux partners with World Mobile as WMT token bridges outside of Cardano A new partnership between Conflux Network (CFX), China’s first regulatory-compliant public blockchain, and World Mobile, a global mobile network based on blockchain, aims to expand blockchain-based mobile access. The collaboration follows the successful launch of Conflux’s BSIM, which saw its CFX token surge over 100%. It focuses initially on four key strategic areas: Public bridging, tech integration, Asian and African market expansion, and blockchain-based SIM card development, according to documents seen by CryptoSlate, Partnership goals and focus. Public bridging will involve World Mobile Token (WMT) transitioning from the Cardano blockchain to the Conflux blockchain ecosystem, marking the first bridge for the mobile network’s native token outside the Cardano ecosystem. The focus on tech integrations will see Conflux and World Mobile working together to integrate the Conflux network into World Mobile’s sidechain, AyA, thus bringing EarthNode capabilities and financial settlement to the Conflux network. Further, the partnership will look to the Asian and African markets, leveraging their strengths to increase connectivity, drive user acquisition, and further market penetration. Conflux’s CFX ranks among Nigeria’s top three most popular cryptocurrencies, a significant development since Nigeria accounts for nearly 67% of crypto interest in Africa. The final prong of the strategy regards blockchain-based SIM card development, where the partners will investigate how World Mobile can optimally utilize Conflux’s blockchain-based SIM card to increase digital connectivity access worldwide. YuanJie Zhang, Co-Founder of Conflux, emphasized the importance of global partnerships in pushing the boundaries of Web3 adoption. “Conflux Network takes its mission to push the frontier of Web3 adoption at a low cost, with fast speed and decentralized security, very seriously,” Zhang said. Looking GOOD! One Love, The FXPROFESSOR 👋 ps. 🥟 Conflux Network (CFX) is China’s first regulatory-compliant public blockchain 🐼
Long
by FX_Professor
1
CFX: Break(fake)out zone?Friends, I've been asked to give a comment on the BINANCE:CFXUSDT chart, so here is my take on it. I've made both: Wave analysis, that shows we're actually near entering into the last zone of purchases for the long term And analysed this descending wedge with the possible breakout (You can totally see most of coins are in the same position). I suggest you to look closely, if we will break it out, we will make the last wave with the upmove within the descending area, then - provide the last correction to the bottom zone, which, by that time, will connect with the old trendline resistance and the new support, and from there we will enter the long and boring accumulation zone. Few words. Nowadays most of the Alts' charts feel pretty much the same. Descending Wedges/triangles are everywhere. And this is the good time to trade those breakouts/fakeouts. Cause after that, the real boring market will come into place. And it may take another year to reaccumulate everything and to shakeout The Last Samurais. The bottom zone is near, however we're still not there. 👁️ A.I.Vision
by A_I_Vision
2
#CFXUSDT (Watchlist) 8-2023Conflux 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. CFX Token Conflux has a native token called CFX, which is used to pay for transactions and gas fees on the network. CFX can be acquired through mining or purchasing on cryptocurrency exchanges. Team Conflux is being developed by a team based in China and has been actively researched and developed since 2017. The team behind Conflux includes experienced developers and researchers in the field of blockchain technology. Use Cases Conflux is used in various fields like gaming, finance, and supply chain management. The network has also attracted the attention of several large companies exploring using Conflux for their projects. Coin info summary: Name: Conflux Symbol: CFX Price: $0.184160 USD (as of 2023-08-14) Market capitalization: $583,147,262 USD Total supply: 5,278,164,274 CFX Circulating supply: 3,166,527,271 CFX Add to Watchlist Note: This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management. You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome. Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing. Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Long
by HamadaMark
Local Bottom In? CFX Retrace ToughtsAfter trending down for the last 1.5 months on BTC prices may have found a LOCAL bottom. In general there is still expectation for lower prices but a retrace after such a large drop seems to be in order. IF btc and eth manage to hold and make a push to the upside for the next few days to weeks may alt coins will follow. Currently there is no expectation of higher highs as macro uptrends have been broken to the down side. Being the drop has been so large the spread of the retrace is sizeable This is an hourly chart CFX. Price seen a very very strong reaction at the daily value area low on the fixed volume indication with a quick and hard push up of approximately 20%. Since price has managed to hold the current range and is consolidating. Looking at the volume profile of the current consolidation looks like there a potential for some decent moves to the upside before reentering for a much larger short position. Trade Well.............
Long
by Degen-Dynasty
1
CFX/USDT Analysis on Daily TimeframeCFX/USDT Analysis on Daily Timeframe: The price is currently attempting to break down from this pattern. If the breakdown happens, we might witness a drop in CFX price by at least 30-50%. I anticipate the price to break down soon, but we'll have to wait and see. Please remember: this is just an idea. Before making any decisions, it's important to conduct your own research. Best of luck in your trading endeavors! If you find our analysis helpful, please consider supporting us. Happy trading!
Short
by Crypto-By-Ghazi
Conflux Possible Playout ChartIn the coming period, Conflux's price movement is anticipated to exhibit a horizontal trend within its channel boundaries. If you intend to employ a scalping strategy, it's estimated that CFX's volatility will hover around 3%. At present, CFX is undergoing a phase of lateral movement, and discernible signals regarding a noteworthy upward or downward price shift are yet to materialize. Nevertheless, from a technical analysis perspective, there exists the potential for CFX to descend towards the price range of 0.1689, carrying a prospective decline of up to 8%.
Short
by Cozybanana78
✴️ Conflux Made Easy, New High Within Weeks Or Days? 1,000%This is quite revealing here, this Conflux chart, it is almost screaming out the fact that a new high is soon to follow... Let's have a look, join me! Conflux Daily (CFXUSDT) The market moves in waves, strong price fluctuations at all times are quite normal and expected, traders blood. Here we see how CFXUSDT went moot, 100% sideways when it comes to the lower prices after mid-June, what is going on? This tells us that support has been established and it is strong. Since prices are moving up now, since the indicators are going bullish and the current session trades above EMA50, we can expect additional growth. For two months straight support holds, never being tested again, technically higher lows. This is all we need to know that soon prices will grow. Strong higher low since the initial bullish wave, we can expect a higher high next and massive for this pair because the same type of action tends to repeat in each phase. Thousand percentage points growth, expect thousands more, according to the charts. Namaste.
Long
by AlanSantana
CFXUSDT Analysis For Long Position!Did Analysis on 1D and 4H TF! If CFXUSDT Breaks 0.1941 and closes above this then it will reach TP1 and TP2 Wait for the Breakout and i have clearly mentioned the Take profit 1 and TP2! Breakout and Retest will be a strong Signal! Do watch for volume and i don't believe in indicators only price action & volume is the key! CFXUSDT Analysis on 1D and 4H time frame ⏰. STOPLOSS IS MUST! and depends on your portfolio! THIS IS NOT A FINANCIAL ADVICE. JUST SHARING MY IDEA WITH YOU GUYS. DYOR! Trade safe. :)
Long
by malikhaseeb7