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Cfxanalysis

#CFX (SPOT) entry range(0.1200- 0.1600) T.(0.4630) SL(0.1181)BINANCE:CFXUSDT entry range (0.1200- 0.1600) Target1 (0.2230) - Target2 (0.3330) - Target3 (0.3900) - Target4 (0.4630) SL .1D close below (0.1181) *** collect the coin slowly in the entry range *** *** No FOMO - No Rush , it is a long journey *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX ****
Long
by Crypto_alphabit
CFXUSDT.1DIn this technical analysis of the CFX/USDT daily chart, we're seeing a pronounced downtrend. The price has fallen below the first resistance level (R1) at $0.2862 and is approaching the first support level (S1) at $0.1735. If this support fails to hold, it might result in the price testing the second support level (S2) at $0.1452. The RSI is just above the oversold threshold at 31.07, indicating that the selling pressure has been strong and may potentially ease if the market perceives the asset as undervalued. The MACD is below zero and showing a bearish histogram, which aligns with the downward movement. For a trend reversal, we would need to see a close above R1, with the RSI moving out of the oversold region and the MACD histogram trending towards the baseline. However, the current chart suggests that sellers are in control, and traders should be cautious. It's important to look out for any bullish patterns or signs of a momentum shift, but also be prepared for the possibility of a continued downtrend, especially if S1 is breached. Keep an eye on broader market sentiment and news that could impact the price action.
by MarsSignals
CFXUSDT long Spot TradeCFXUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 0.32-0.29 which will be my entry point. Next Direction: Wave (5) Target : the area between 0.7-0.77 with 130-150% profit Wave Cancel invalid level: Daily closing below 0.23 with 26% loss. Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
6
CFXUSDT long Spot Trade / after the last correctionafter the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid. CFXUSDT Elliott Wave Technical Analysis Mode: Corrective Position: Wave (c) from Blue (B) Direction: Wave (c) is still in play Details: Wave (c) is still in play which I expected to be end around 0.16-0.14 which will be my entry point. Next Direction: Blue Wave (C) Targets : 0.498, 0,585, 0.63 with 200-270% profit Wave Cancel invalid level: Daily closing below 0.1 with 40% loss. Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83