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Technical analysis by Zorroreny about Symbol CFX: Buy recommendation (5/6/2025)

https://sahmeto.com/message/3486899
Zorroreny
Zorroreny
Rank: 227
3.3
Buy،Technical،Zorroreny

CFX keeps falling down but when looking at pattern we can see similarity with XRP pattern. After strong bounce from bottom, wicking fibb 0.618 we got correction back to fibb 0.236 range - same move that XRP did. If we are to continue following XRP algo then we can expect from here bounce up (note we are oversold) above last S/R range and then strong push to new ATH (targets are fibb 1.272 and fibb 1.618 extensions).

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.1
Stop Loss Price
$0.05
Price at Publish Time:
$0.071605
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