CFX / TetherUSLong
CFX Getting Ready To....?
CFX is another project that pumped hard at the bottom of the bear market indicating it will most likely be a big mover this cycle. We will do a macro analysis on this soon
Current Trading Plan:
Stop loss is a little wide for a possible reverse head and shoulders. 10% or laddering in down to the stop loss area.
Target 1 will be 50% retrace of the last swing and just above the current local highs approximately 15% higher.
Target 2 will be the top of the fair value gap at a past support level just below the 200EMA and the .786 retrace level and approximately 30% higher
Current Trading Plan:
Stop loss is a little wide for a possible reverse head and shoulders. 10% or laddering in down to the stop loss area.
Target 1 will be 50% retrace of the last swing and just above the current local highs approximately 15% higher.
Target 2 will be the top of the fair value gap at a past support level just below the 200EMA and the .786 retrace level and approximately 30% higher
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.