COIN NAME : $CFX
TRADE TYPE : LONG
On the 30-minute time frame, the chart shows a falling wedge pattern, a classic bullish indicator. This setup strongly suggests upward momentum for this coin, presenting an excellent opportunity for traders looking to capitalize on short-term gains.
Zooming out to the 4-hour time frame, a bull flag pattern has formed, confirming the longer-term bullish sentiment for this coin. This pattern, combined with the falling wedge, provides a double confirmation of a strong uptrend. 🚀
The 24-hour liquidity on this coin is significant, indicating increased interest and activity. This level of liquidity acts as a magnet, driving price movement and making this coin even more attractive for both short-term and long-term trades.
Meanwhile, BTC dominance showed a 30-minute bullish divergence, hitting its target. However, BTC dominance is now forming a rising wedge, indicating potential bearishness ahead. This shift could ignite big moves in altcoins once again.
Entry: 0.2472 (JOIN MY LIVE STREAM FOR FREE SIGNAL )
1st TP : 0.2664
2nd TP :0.2945
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