Updated price action has given me a neutral bias for CFX.
The pullback was deep, and we are looking at 2 scenarios:
Bullish: Leading diagonal which would take wave 5 to the mid-0.30's.
Bearish: A breakdown of the bottom ascending trendline for a new lower low.
While we are between the bottom ascending trendline and the solid green resistance, I don't see any trades to be taken.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸