Trade Setup for CFX/USDT: Long Position
Analysis:
CFX has broken out of a bullish flag pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if...
LINKUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 13.70 followed by 12.50 region.
What you guys think of this idea?
Clouds ☁️ lie ahead in the next 24 hours for the global crypto market, including Bitcoin and Ether, indicating a slightly bearish market with downside risk. Altcoins such as Avalanche, Chainlink, and Polygon face more lenient trading conditions, with a slightly bullish sun forecast by ATTMO.
Over a one-week horizon, this slightly bullish sun should also shine...
