Over the next few days $CFX could be testing the 0.18 area.

This could open up two paths for us:

1. The most likely scenario (according to my analysis, although in the end it all depends on what $BTC turns out to be) taking into account the high volatility and high volume throughout the structure, would be that it would test with decreasing volume in the 0.18 area and then drop and visit the limits of the structure at 0.10. After this, it could continue to fall until it visits 0.07 and, in the worst case, if it loses this area, the price would fall to 0.03.

2. If the test is carried out with increasing volume, we could be facing a simple correction taking into account the price setback of $BTC . This would be confirmed with an increase in volume until breaking the structure leaving the equilibrium zone to go to visit the maximum of the structure at 0.27, being able to extend the movement to 0.29 and 0.32. If this price volume zone is exceeded, we could be in the presence of a very rapid acceleration to go to visit previous highs.

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Until next time 😊.