Mega rally incoming for cfxusdtA confirmed break above 0.1871 will signal that the bottom is in from the falling wedge.. weekly close will be important for this coin 💰
CFXUSDT trade ideas
CFXUSDT wants the daily liquidty?
CFXUSDT is undergoing a crucial phase as it tests the key level on the 4-hour timeframe, situated just above the daily liquidity zone. This key level holds significant importance as it has the potential to influence the price's future trajectory.
At the moment, the price is encountering resistance at this key level, indicating that buyers are finding it challenging to push the price higher. However, according to Plancton's Rules, there is a possibility that the price might break through this resistance and grab new liquidity on its way to the daily support level.
Should the price manage to surpass the resistance, it could attract additional buyers, leading to an upward movement towards the daily support level. This potential liquidity grab is an opportunity for traders to open a new position based on Plancton's Rules, which suggests taking advantage of such market dynamics.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
CFXIn my opinion, the CFX cryptocurrency has rather good prospects. The global growth of this cryptocurrency, in my opinion, can begin when Hong Kong actually becomes the capital of the crypto industry. As it is predicted today. CFX has huge support from China! And it is this fact that can give this cryptocurrency very huge growth prospects. And for now, I will trade this coin for futures. Because there was a breakdown of the market structure and the price is close to the support level, from which I will enter the deal. It should also be taken into account that there was a local growth in altcoins, which CFX has not yet shown. Most likely, he will now reach for the rest of the coins. And given the periodic increased volatility of this asset, you can count on not a weak movement and profit.
CFXUSDT.P LONGCFXUSDT.P LONG
SWING ENTRY
Price just bounced from its support and consolidation area and will now attempt to test the trendline resistance and the resistance areas above.
ENTRY
.2090
SL
.1630
TP
.2800
.3490
.4480
.4888
Always manage your risk! Happy Trading!
#TYOR #DYOR
CFX on Bullish Buy it on CMP thats how you degen LSE:CFX on a Sunday
CFX could also break up and out
Probable long analysis and signal for CFX cryptoProbable long analysis and signal for CFX crypto
In the two-hour time frame, at the bottom of the chart, you can see a good over-block area.
When the price reaches that area, we can enter a long position with great risk and reward.
Of course, you can enter a long position from the current price.
If you place a fibo on the downswing, you will see that the 50 fibo area is itself a heavy supply area, so you can set the target in the same area that I marked with a gold star.
Your possible profit by entering from the first zone is about 9% without leverage
Your possible profit by entering from the second zone is about 30% without leverage
CFXUSDT Short Term AnalysisTechnical Analysis:
CFXUSDT has been trading within a descending channel pattern on the daily time frame. From June 10th to June 20th, the price underwent consolidation at the support level, indicating a period of indecision and potential accumulation. The subsequent range breakout suggests a shift in momentum and a potential bullish rally in the making. Currently, the price is approaching the resistance area, which will be a key level to watch for a breakout.
Trade Setup:
Entry:
As per the Smart Money Concept, a fresh entry can be taken at $0.2080, preferably after the breakout above the resistance area. This entry point aligns with the expectation of a bullish rally following the breakout.
Target:
Our target for this trade setup is set at $0.4490, representing a significant upside potential from the entry level. This target reflects the anticipated price movement once the breakout above the resistance area is confirmed.
Stop Loss:
To manage risk effectively, it is recommended to set a stop loss at $0.1900. Placing the stop loss below the entry level can help protect against potential downside risks
Conflux buy zoneMarked is the potential buy zone for Conflux. (CFXUSDT)
Im looking at a reversal pattern in this zone. For instance: RSI divergence or simply a higher high with higher low.
Im also keeping the options open of it not entering the zone but just as it did touching it.
CFX - Resonable entry areaCFX has reched support.
Big week for the market next week - potential to push up from here. 0.5
Best, Hard Forky
Good pattern based crypto! From examining the previous price action of CFX, it can be well understood that this crypto is pattern-oriented and tends to act like it did in the past. Therefore, it is expected to soar from this area to 0.45 based on the chart. Stop loss can be set at 0.1345.
CFXUSDT bullish opportunityOn the H2 chart of CFXUSDT, with high probability, the price has finished the 4th Elliott wave within a bullish cycle. The divergence on the AO indicator provides a buy signal with a reasonable R/R ratio.
CFX - Still Neutral
The yellow "bounce zone" is holding price, but there hasn´t been a clear bullish event yet.
I´m neutral as long as we stay:
Below black trendline
Above green support.
I´ll consider long trades above black trendline with a higher high in place.
cfx run donestochastic reset uptop on the daily we will not cross recent highs for the next 10days in my opinion
🚀 Explosive Crypto Alert! CFXUSDT Set to Skyrocket! 💎 Breakout Alert: Paradisers, CFXUSDT is teetering on the brink of a significant trendline breakout, indicating a potential momentum shift. Keep your eyes peeled for any drastic price action as a breakout could be just around the corner.
💎 Steady Price Action: If CFXUSDT manages to shatter the trendline and maintain its upward trajectory, it would validate the robustness of the potential bullish move. Keep a close watch on the price action for confirmation.
💎 Rising Volumes: Trading volumes for CFXUSDT are climbing, signaling heightened interest and engagement from market participants. Increased volumes often accompany bullish movements, offering additional support for an upward trend.
💎 Accumulation Phase: Before a potential breakout, CFXUSDT has been in an accumulation phase, where buyers have been soaking up selling pressure. This phase suggests a sentiment shift in the market, favoring the bulls.
💎 The Bottom Line: CFXUSDT is flashing promising signs of a bullish breakout. With a looming trendline breakout, steady price action, surging volumes, and the accumulation phase, the stage is set for a potential upward move. Stay alert and be ready to capitalize on the opportunity for significant gains!
Remember, Paradisers, conducting thorough research and exercising caution is crucial when making investment decisions. Happy trading!
cfx getting ready for another massive bullish rally Seems Like Getting ready for Another Massive bullish Rally
Forming Bullish Pennant In Daily Timeframe Incase Of breakout Expecting Another 180 - 200% Bullish Wave
🔥 CFX Oversold Bounce Trade: Following BTC Up!CFX has been one of the bigger winners of 2023. However, this token has been largely trading bearish ever since it topped late March.
As of recently, CFX has hit daily oversold on the RSI for the first time in many months, likely causing some kind of reversal.
Now that BTC is breaking out, I'm anticipating that CFX will see more gains in the near future. Target is the 2023 high, stop under this daily candle. A less risky trade would be a stop under the June 9th lows and/or a (partial) target of 0.3
CFXUSDT.P Chart 6Looking for new rangebound of CFXUSDT.P
If clean break below recent month, we can look for short play around the levels shown.
Clean break below 0.2104 can entry short setup.
Acceptance of 0.2254 recent month low, show deviation.
wait for better and win morehello guys
i think its not a good breakout and its may fall a little bit more
but the little order block looks good area to open a long position.
but be aware from fundamental news before open your orders
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CFX possible Daily Movement 😎♻️😎♻️Hi dear traders
Considering the downward momentum of the price, we expect the price to decrease to the psychological zone of 0.1.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
CFX breakout of daily support zoneCFX had a nice pump and breakout of a long accumulation phase. The signal tested the daily support zone, during a pullback and wasn't able to pass this test. CFX broke through the support area.
Depending on the market situation there could be a re-test of the breakout from there it is important how the signal interact, with the new resistance zone..
CfxThe critical green level was supported, to correct towards the red line, and back towards the green line
