"CFX/USDT Long Trade Setup: Bullish Flag Breakout and Retest fo

Dec 14, 2023

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

Dec 15, 2023

Trade active

FIRST TARGET ✔