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Cfxusdtperp

Conflux CFX price analysis Recently, #CFX price shot up very strongly, due to the publication of the news that: #ConfluxNetwork, China's Tier 1 blockchain, announced the launch of #Conflux 3.0 in August and announced plans to help issue a stablecoin pegged to the offshore yuan as China explores the possibility of issuing yuan stablecoins. The news already reads as “very vague, promising...” but let's remember that we are talking about China, where crypto has been gradually banned since 2013 and finally banned in 2021. 💰 Looking at the OKX:CFXUSDT chart, we see that the price cannot be fixed above $0.19, which means that you should be careful with longs. 📈 If the words from the news are confirmed by actions, then the #CFX price will definitely consolidate above $0.19 and then it will be safe to open a long position. 🐻 And if the desired cannot be realized, then a correction to the $0.085-0.105 zone may become a new reality. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
CFX/USDT BREAKOUT ALERT CFX/USDT BREAKOUT ALERT CFX/USDT has already broken out of the bull flag pattern and is showing bullish momentum. Since a bull flag is typically a continuation pattern, this breakout suggests the potential for further upside. However, if the price drops back into the flag structure, it could turn out to be a fakeout. Watch closely to see if the breakout holds or fails. Key point: Sustained price action above the breakout = bullish confirmation Drop back inside the flag = potential fakeout Stay alert and manage risk accordingly.
Long
by Crypto-By--Ghazi
#CFX/USDT #CFX The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1455 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.1500 First target 0.1570 Second target 0.1660 Third target 0.1743
Long
by CryptoAnalystSignal
CFX Bullish Signal! Time to Retest and Boom!Hey Traders! 🌐📈 🚩 CFX Flag Pattern Alert: CFX has just signaled a flag pattern and successfully executed a breakout! 🚀 🔄 Retest Phase: It's currently in the retest phase, revisiting the breakout level. This retest is a crucial step before potential further upside. 💥 Boom Anticipation: 📉 Retesting is healthy; anticipate a strong move upward after this phase. 📊 Technical Analysis: Use technical indicators to confirm the retest support level. Look for bullish confirmation signals before considering entry. 💡 Trading Strategy: Consider entry post-retest confirmation. Set stop-loss and take-profit levels to manage risk. 🚨 Risk Advisory: Trading involves risks; trade responsibly and set risk management. Do your due diligence; this is not financial advice. 🌟 Exciting Times Ahead! Trade smart and good luck! 🚀💰
Long
by KarimMohsen
5
📊#CFX potential cup-handle structure, worthy of attention👀🧠We can see from the chart that the upward trend is good, and the daily level correction has been completed, and the response to hitting fib0.5 and the buy zone has been good. If we continue to break above the bearish defense, a bullish cup-and-handle structure is established, so we can shoot for the moon with this structure as support. 🚀🚀🚀🌕 Let’s see 👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
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/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