1.The CFX coin has been in a macro range since the 5th of July until now.
2.The support zone has been tested 5+ times and each of them received a buyer's reaction.
3. According to the OBV chart, you can see that after December 20, the price returned to the support zone, but this was not accompanied by active sales - a bullish divergence was formed
4. On 29.01, an abnormal volume of buying was formed near the support zone
EXPECTATIONS:
1.From a local perspective, this zone is good for spot buying with targets around 0.25 USDT.
2. From a global perspective, buying in this range is relevant for the next 2-3 months with potential 3-5x
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.