CFX is ready
Updated
After an 80% correction from $0.55 this year, CFX seems to have found its lowest price of the year at $0.125. With Bitcoin's positive price movement, CFX looks to provide positive price movement. The signs are that the price action crossed the 21 SMA (weekly chart), and the RSI reversed and crossed the 50 boundaries.
CFX's target is to make a higher high after $0.55. But before that, CFX must be able to cross the $0.23 price because there is a potential supply in that area.
CFX's target is to make a higher high after $0.55. But before that, CFX must be able to cross the $0.23 price because there is a potential supply in that area.
Trade active
CFX has just approached the supply area for the second time. It looks like in the next few weeks CFX will reach the target at 0.2432.
CFX needs to make a higher high (past 0.55) in order to reach the all time high again.
Trade closed: target reached
Target reached, +45%-ish. Next target CFX would close the imbalance and reach $0.55). Good luck!
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