Login / Join

Technical analysis by A_I_Vision about Symbol CFX on 8/27/2023

https://sahmeto.com/message/3337420
A_I_Vision
A_I_Vision
Rank: 14926
1.4
،Technical،A_I_Vision

Friends, I've been asked to give a comment on the CFXUSDT chart, so here is my take on it.I've made both:Wave analysis, that shows we're actually near entering into the last zone of purchases for the long termAnd analysed this descending wedge with the possible breakout (You can totally see most of coins are in the same position).I suggest you to look closely, if we will break it out, we will make the last wave with the upmove within the descending area, then - provide the last correction to the bottom zone, which, by that time, will connect with the old trendline resistance and the new support, and from there we will enter the long and boring accumulation zone.Few words.Nowadays most of the Alts' charts feel pretty much the same. Descending Wedges/triangles are everywhere. And this is the good time to trade those breakouts/fakeouts.Cause after that, the real boring market will come into place. And it may take another year to reaccumulate everything and to shakeout The Last Samurais.The bottom zone is near, however we're still not there.👁️ A.I.Vision

Translated from: English
Show Original Message
Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.12156
Share
Signals
Top Traders
Feed
Alerts