"CFX/USDT Long Trade Setup: Bullish Flag Breakout and Retest fo
Trade Setup for CFX/USDT: Long Position
Analysis:
CFX has broken out of a bullish flag pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $0.181
Targets:
$0.1945
$0.205
$0.213
$0.229
$0.25
Stop Loss (SL):
Set the Stop Loss at $0.174 to limit potential losses.
Leverage: Use leverage cautiously: 5x to 10x.
DYOR
#Crypto #trade
Analysis:
CFX has broken out of a bullish flag pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $0.181
Targets:
$0.1945
$0.205
$0.213
$0.229
$0.25
Stop Loss (SL):
Set the Stop Loss at $0.174 to limit potential losses.
Leverage: Use leverage cautiously: 5x to 10x.
DYOR
#Crypto #trade
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