CFX Technical Analysis: Potential for a 3X gain.

20 de jul.

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

CFX/USDT is showing a promising setup on the 3-day chart, with strong support around $0.103 and significant resistance at $0.55.

The price has recently bounced off the support level and is currently hovering near the EMA ($0.1796), indicating a potential upward movement.

Key Levels:
- Current Price: $0.174.
- Primary Resistance: $0.1796.
- Higher Resistance: $0.55.
- Support: $0.103 to $0.124.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE