✴️ Cryptex Finance Breaks Out Of A Major Downtrend

Cryptex Finance (CTXUSD) moved within a major downtrend from September 2021 through October 2023... Wow, more than two years in the red, but this can turn into positive news for those who trade.

As the downtrend comes to an end, a new phase is set to start.
Normally what follows is a consolidation phase and then the bull-market. There is no consolidation phase here.

Since the downtrend was so strong, CTXUSD is likely to move from a downtrend to an uptrend and just as the downtrend lasted for 2 years, the uptrend can extend for years as well. Say this pair goes up the entire year 2024 and half of 2025.

This is not financial advice.
We are not related to this or any other Cryptocurrency project nor Altcoin trading pair. We share our views and opinions of the charts... What we see. The entire Cryptocurrency market looks quite good to me!

Namaste.