CFXUSDTmy entry on this trade idea is taken from a demand orderblock .. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
CFXUSDT trade ideas
short CFXCFX broke through the ascending trendline and the support level. The bearish movement to the support level at $0.1578 is expected to happen
Simple pattern strategy that will bring you profitsDo you want to know why I thought meme coins are strong?
During every pump, all coins follow a certain pattern. This time, they followed a pattern too. But when some coins break those patterns, they become the strongest. What was the pattern?
There was a simple pattern that all alts were following: they would touch the 200 Daily SMA. Almost every altcoin that was breaking out would get rejected after touching it, leading to a correction. You can go and check this yourself.
Now, CFX is breaking out, and the 200 Daily SMA can be a good target for the short term. By the way, it was rejected there the first time. The good part is, if it reclaims it this time, CFX could become a top gainer and potentially deliver a 30-40% rally. Keep an eye on coins like this. There's always a pattern that is secretly followed. If you identify it early, you'll do well.
CFX PUMPTOBER [Wyckoff Accumulation]It is Uptober and great set ups are still keep to great trades
LSE:CFX has recently shown bullish momentum, breaking out from a classic Wyckoff Accumulation pattern. In this setup, the price consolidates at a bottom range before breaking out, indicating a potential shift from accumulation to markup phase, where stronger demand starts driving prices higher.
Understanding the Wyckoff Bottom Theory:
The Wyckoff Accumulation theory describes how "smart money" accumulates assets at a lower price range before pushing the market higher. The process involves several phases:
Phase A – Stopping the downtrend, as supply decreases and demand begins to stabilize.
Phase B – Building a cause: Accumulation continues as large investors absorb supply, creating a range.
Phase C – Spring: A potential shakeout to trap remaining weak hands.
Phase D – Demand outweighs supply, leading to a breakout as volume increases.
Phase E – Markup: The asset moves upward in a sustained bullish trend.
With CFX breaking above resistance levels from this accumulation zone, it could signify the start of a strong upward trend, supported by growing volume and market sentiment. Keep an eye on how the market responds for further confirmation
Conflux CFX price at a critical point, what's next?Let's start with conservative assumptions about which project could receive some of the liquidity that has been actively poured into Chinese markets in the hundreds of billions of dollars to revitalize the economy.
#Conflux is the only public blockchain in China that meets regulatory requirements and is “approved” by the Chinese government.
CRYPTOCAP:CFX has been working with global brands and government agencies in the region on blockchain and meta-network initiatives, including the city of Shanghai, McDonald's China, and Oreos China Telecom.
If we look at the chart of OKX:CFXUSDT , we can see that the price is now at a critical point. To confirm the strength, we need to see a confident consolidation above $0.19
And then, a weak wave of growth can last up to $0.32, and a powerful one can last at least up to $0.67
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CFXUSDTCFXUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
CFXUSDTWe can attempt to buy CFXUSDT from specified level as it make HL , also no bearish divergence occur indicate that it moves upward.
SL , TP mention in chart.
cfxusdt trading opportunityCFXUSDT is showing signs of a potential Inverse Head and Shoulders (ISHS) formation, with both shoulders already established. We are closely monitoring the neckline, and if the price breaks through it, we will consider entering on a pullback.
Alternatively, if the price presents an opportunity, the highlighted area on the chart, identified as an important demand zone, could serve as a favorable accumulation area for long positions.
It's important to place your stop-loss below the shoulder.
We welcome your comments on this coin and appreciate your support with likes.
Thank you.
Conflux Bullish Based On MACD & RSI (Easy 377% - 628% Mid-Term) Many people have been tracking this pair after its major wave in 2023. Conflux (CFXUSDT) was one of the strongest moving projects in 2023, it produced huge growth. In the short span of 77 days, this pair grew by 2,155%, so you can imagine, this is bull-market type of action.
After this action there was another wave that started in late 2023 leading into early 2024 and now the there is room for massive growth. In this chart I am showing only mid-term targets, within 1-3 months; but let me tell you that total growth potential in 2025 is many, many times higher than what is shown here.
Looking at the chart as it is now, we have a double bottom/higher low. The double bottom is based on candle wick and the higher low based on candle close. The whole thing is bullish.
Current price action is also strongly bullish as today's session is trading above local resistance, this pair is ready to move ahead.
We have strong reading on the RSI (65.62) and the MACD is on the bullish zone. This is on the daily timeframe.
On the weekly timeframe the MACD produced a bullish crossover, this is major bullish signal:
The current weekly session is moving above EMA8, 13 and 21 as well.
The weekly RSI produced a lower low (hidden bullish divergence) and is trending straight up.
I used the weekly timeframe because the signals are many times stronger, to show that the pair is ready to grow for months.
This is an interesting one.
It should move fast and strong.
These are good signals.
Thanks a lot for your support.
Namaste.
(The CFXBTC trade-idea can be found below —'Related publications'.)
CFXUSDT.PCFXUSDT.P is in bullish trend.
Potentially printing HH and HL.
No sign of reversal here.
we wait and watch for the breakout of last HH.
#CFX THE BOTTOM IS INWe can see a recent rejection from the weekly support here on this weekly chart.
The RSI and MACD indicators have also turned bullish!
This is a great spot buy opportunity.
CFX ROADMAP (1D)From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle.
Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We are looking for buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CONFLUX (A Possible Bullish Scenario)CFX made unfortunately a fake break out back in Mar 2024.
The best possible bullish scenario rn imo would be a fake break of Oct 2023.
Passing $0.165 is cancelation of the idea because it would be very bullish for cfx
$0.075 would be a good entry due to the Fibonacci cluster around $0.070 : $0.075
Breaking $0.048 is the first invalidation.
Breaking $0.022 is the final invalidation.
CFXUSDTCFX ~ 1W ✅
#CFX It looks like the selling pressure has stopped at this support block. Make purchases in stages with at least a short term target of at least 20%+
CFX → a possible movehello guys.
let's analysis $BINANCE:CFXUSDT!
1. Consolidation Phase:
The price has been moving sideways, trapped between two key levels: a support zone around $0.1230 and a resistance zone around $0.1465.
This consolidation is marked by the yellow rectangles, indicating areas where the price has found significant support and resistance.
2. Resistance Zone:
The resistance level at $0.1465 is critical. During the recent consolidation phase, the price has struggled to break above this level.
If the price can break through this resistance, it would signal a potential shift from the consolidation phase to an upward trend.
3. Bullish Scenario:
Upon breaking the resistance at $0.1465, the price will likely target the next resistance level at $0.1707.
This move would represent a continuation of the bullish trend from the current support level and could signify renewed buying interest.
4. Support Zone:
The support around $0.1230 is strong, with the price rebounding from this level multiple times.
If the price falls below this support, it could indicate a bearish scenario, leading to further declines.
Summary
Consolidation Phase: Price is moving sideways between $0.1230 (support) and $0.1465 (resistance).
Key Resistance: $0.1465 is the crucial resistance level to watch for a potential bullish breakout.
Bullish Scenario: Break above $0.1465 could lead towards $0.1707.
Support Zone: $0.1230 is the key support level; a break below could lead to further declines.
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❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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CFX Re-Accumulating For A Push Up?CFX has been on our short list of big movers as its recovery in the bear market was among the highest gainers at a 25x. A clear sign of major support off a bear market bottom.
Price has since put in a higher low, higher high, and now a 100% retrace for a potential double bottom. Just sounds bullish...
In this same green range this double bottom is also the volume based value area low of the entire price range for the past three years.
Looking at the curvature of the lows in the price action we can also see a clear loss of down ward momentum into this significant macro support level.
Wave trend oscillator is also showing we are in the "time frame" of the liquidity cycle for a rotation of some kind to the upside. Unfortunately this doesn't mean there can't be some kind of major flash crash first.... Its a time thing showing the shift of momentum from selling to buying.
Current trading plan is to accumulate initially targeting a 50% rise in price for less than a 50% retrace.
Second target is a simple and very typical 50-62% golden pocket retrace and the volume based value area high of the past 3years of price action
The last target may be wishful thinking BUT if the project had enough support previous before pumping to go as high as it did and there is now more support for it.... this is what creates and expansion of the range. New and more support for the project....Typically lands in the 1.5 expansion area...
If we see the reversal and upward rise from here I would expect at least resistance and need to consolodate in these areas. If the rise continues great be each is worth location to lock in any gains, watch and reaccumulate if necessary with the rest....
Trade Well...
Your Friend,
Degen
#CFX/USDT#CFX
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.1260
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.1340
First target 0.1420
Second target 0.1500
Third target 0.1580
$CFX Don't Fall down Please :(after finding this chart if we would not see power in chart so we are losing our stocks by standing there when there are hundreds of coins that are bullish and Up Trend 🚀📈🔝
you can enter after losing Trend as I Mentioned in chart : 0.1333 to Down 📉📉↘️↘️
#TradeWithMky 😍
CFX is ready to shortttt?!! Follow me!!Cfx is ready to shortttt . Everything so clear...
After pulling back to the trend line, it can start falling, be sure to keep an eye on it.
CFXUSDTcfx coin is in wave C from A B C pattern
we can achieve 100 % target of wave (A) for this year
CFX PriceCFX token has projected a rejection from the 50 day EMA mark and breached multiple supports in the past. Amidst the bearishness across the market, CFX teases a bullish reversal and eyes a pullback.
