CFXUSD Within the May-December Liquidity Zone. Buy the pullback.
CONFLUX - CFXUSD entered last week the strong Liquidity Zone of May-December 2022 and on this week it has almost reached the top. The RSI 1W can't signal a strongest overbought signal and even though this coin is extremely bullish long term, this calls for a medium term correction.
The MA50 1W will be there to support, the strong technical Support Zone is within 0.0980 - 0.065. Buy the pullback and target 0.8500 (Resistance A).
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The MA50 1W will be there to support, the strong technical Support Zone is within 0.0980 - 0.065. Buy the pullback and target 0.8500 (Resistance A).
Follow us, like the idea and leave a comment below!!
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