📊 This altcoin could explode... $CFX

🔜 Today, I am going to analyze the Conflux crypto (CFX) which could soon be very volatile!

Weekly CFX situation:

🔍 The price is generally bullish (rising troughs and highs), but it is stuck between support at $0.11 and resistance at $0.47.

Buy signal:

➡️🔜 conservation of the last low at $0.109

➡️🔜 double bottom (green arrow) with first a rejection on the moving averages (EMA13/MA30), then a close beyond the last peak currently at $0.185

➡️🔜 stochastic which turns bullish again after a return to the oversold zone

Targets:

👀 we will aim for resistance at $0.47

PS: If you like this kind of technical analysis, let me know by posting reactions below 💎

⚠️NFA DYOR

#altsesaon #Altcoins" #conflux #CFX