CFX registered significant net buying this past few days. Volume surging with the recent good news about DWF Labs acquiring more CFX tokens believing in the coin's fundamental growth.
On Daily data, Histogram has recorded another higher lows conveying that buyers are cementing the current range as the new base for the incoming price valuation. Pricewise, new higher lows was created as well. On WEEKLY, a shifting priceline is also noticeable depicting initial stage of a trend reversal.
Bubble up volume (bottom indicator) has reappeared many times the last 3 weeks -- suggesting active ACCUMULATION and net positioning.
Expect some significant bounce from the present price level.
Spotted at 0.2000
TAYOR
Safeguard capital always.
On Daily data, Histogram has recorded another higher lows conveying that buyers are cementing the current range as the new base for the incoming price valuation. Pricewise, new higher lows was created as well. On WEEKLY, a shifting priceline is also noticeable depicting initial stage of a trend reversal.
Bubble up volume (bottom indicator) has reappeared many times the last 3 weeks -- suggesting active ACCUMULATION and net positioning.
Expect some significant bounce from the present price level.
Spotted at 0.2000
TAYOR
Safeguard capital always.
액티브 트레이드:
some news reference: NEWSBTC
Conflux (CFX) has had a positive run so far in 2023, placing itself amongst the best-performing altcoins in the first half of the year. However, the “Chinese Ethereum” has been trading in the red in the past few days. According to data from CoinGecko, CFX lost nearly 16% of its value in the past week.
DWF Labs Acquires $18 Million Worth Of CFX Tokens
This CFX price fall comes despite the acquisition made by DWF Labs in the past week. On Wednesday, June 28, the Conflux network announced that the multi-stage Web3 investment firm purchased $18 million worth of its token.
This latest investment is a follow-up to the initial $10 million purchase of CFX tokens in March. It is understood to be a demonstration of DWF Labs’ commitment to “supporting the growth of Conflux”.
In a tweet, the head of DWF labs, Andrei Grachev, emphasized how the network is an excellent technology and his firm’s willingness to increase its CFX holdings.
Conflux (CFX) has had a positive run so far in 2023, placing itself amongst the best-performing altcoins in the first half of the year. However, the “Chinese Ethereum” has been trading in the red in the past few days. According to data from CoinGecko, CFX lost nearly 16% of its value in the past week.
DWF Labs Acquires $18 Million Worth Of CFX Tokens
This CFX price fall comes despite the acquisition made by DWF Labs in the past week. On Wednesday, June 28, the Conflux network announced that the multi-stage Web3 investment firm purchased $18 million worth of its token.
This latest investment is a follow-up to the initial $10 million purchase of CFX tokens in March. It is understood to be a demonstration of DWF Labs’ commitment to “supporting the growth of Conflux”.
In a tweet, the head of DWF labs, Andrei Grachev, emphasized how the network is an excellent technology and his firm’s willingness to increase its CFX holdings.
액티브 트레이드:
MACRO VIEW: DAILY DATA
Fresh signs are up!
KEY NOTES:
DAILY DOUBLE BOTTOM.
HIGHER LOWS formation
Significant net buy / accumulation
Strong major order block support bounce.
1.0 FIB level - beyond bargain discount.
I'm expecting a 'break' in structure soon.
Fresh signs are up!
KEY NOTES:
DAILY DOUBLE BOTTOM.
HIGHER LOWS formation
Significant net buy / accumulation
Strong major order block support bounce.
1.0 FIB level - beyond bargain discount.
I'm expecting a 'break' in structure soon.
액티브 트레이드:
The 'obvious' tell tell signs are flashing on this one.
SEED.
SEED.
액티브 트레이드:
Classic moves before pump: DAILY DATA.
spotted at 0.2090
spotted at 0.2090
액티브 트레이드:
액티브 트레이드:
4H UPDATE:
Thinning movements, the frequency of a possible surge is getting higher!
Spotted at 0.1870
Thinning movements, the frequency of a possible surge is getting higher!
Spotted at 0.1870
액티브 트레이드:
HOLD. HOLD. HOLD.
액티브 트레이드:
We got a DAILY BREAKOUT.
액티브 트레이드:
Something is telling me -- this ripe for a sudden ascend.
weekly chart is hinting already.
weekly chart is hinting already.
코멘트:
spotted 0.1850
액티브 트레이드:
GETTING RIPER by the day.
액티브 트레이드:
It's coming... 0.17 levels will be forgotten soon.
액티브 트레이드:
this is very sensitive to pump, frequency getting higher...
0.1787 price as of this posting.
0.1787 price as of this posting.
액티브 트레이드:
TIME TO GET READY. CFX's SEASON is UP.
DAILY descending trendline break since April 2023.
Ascend volatility is picking up.
DAILY descending trendline break since April 2023.
Ascend volatility is picking up.
액티브 트레이드:
WEEKLY DATA UPDATE.
SHORTERS WEIGHT is OUT already.
Light as a feather now -- FLIGHT in sight.
TAYOR.
SHORTERS WEIGHT is OUT already.
Light as a feather now -- FLIGHT in sight.
TAYOR.
액티브 트레이드:
Moving past 0.18 now...
액티브 트레이드:
A breakout it is.
This is barely scratching the surface -- expect more significant ascend from the current price range. we're now at 0.19
This is barely scratching the surface -- expect more significant ascend from the current price range. we're now at 0.19
액티브 트레이드:
0.2 will come sooner than expected based on recent movements.
액티브 트레이드:
CFX is currently on accumulation phase.
RR on this one is a no brainer -- to irresistible to be missed.
Spotted at 0.1200
RR on this one is a no brainer -- to irresistible to be missed.
Spotted at 0.1200
액티브 트레이드:
1st weekly 'solid' net buy candle appear.
액티브 트레이드:
Pump sensitivity alert on this one.
It touched 13 again, looks like it found its strong support.
A generous bounce is expected.
TAYOR.
It touched 13 again, looks like it found its strong support.
A generous bounce is expected.
TAYOR.
액티브 트레이드:
No more doubts on this one. It's gathering energy for the elusive surge soon.
TAYOR.
TAYOR.
액티브 트레이드:
New heights sighted on this one soon.
Weekly shift has been signaled. Same signal dna before the 0.40 surge last January.
Get ready.
TAYOR.
Weekly shift has been signaled. Same signal dna before the 0.40 surge last January.
Get ready.
TAYOR.
액티브 트레이드:
Moving as planned. Seed while it's still calmer.
액티브 트레이드:
Price movements are firming up, ascend journey is almost certain.
액티브 트레이드:
The flight plan is ready for this. No more 'blue-BEAR" bar volume. Bulls will take over now.
Spotted at 0.125
TAYOR.
Spotted at 0.125
TAYOR.
액티브 트레이드:
We've passed 0.13.
Two words to remember. DON'T DOUBT. It's coming sooner than expected.
TAYOR.
Two words to remember. DON'T DOUBT. It's coming sooner than expected.
TAYOR.
액티브 트레이드:
Weekly data is looking good. This may target x2/x3 by end of year or Q12024.
TAYOR.
TAYOR.
액티브 트레이드:
Daily bend spotted. Ascend next.
TAYOR.
TAYOR.
액티브 트레이드:
Daily data update:
After the market breakdown yesterday, CFX remained firm on its range.
Daily data is conveying a price shift -- with an A1 setup score in my opinion.
TAYOR.
After the market breakdown yesterday, CFX remained firm on its range.
Daily data is conveying a price shift -- with an A1 setup score in my opinion.
TAYOR.
액티브 트레이드:
Be patient. We're almost there.
Reference: Daily data: Spotted at 0.1150
Reference: Daily data: Spotted at 0.1150
액티브 트레이드:
New attempt by CFX based on 4H data. Let's see if this succeeds.
If it breaks the green line above, a confirmed reversal will be in play.
spotted at 0.10
TAYOR.
If it breaks the green line above, a confirmed reversal will be in play.
spotted at 0.10
TAYOR.
액티브 트레이드:
About to kiss the trendline resistance -- strong momentum may surface from here on.
액티브 트레이드:
Welcome back 0.11.
액티브 트레이드:
looking good so far for CFX.
액티브 트레이드:
Weekly is showing signs of significant net accumulation.
Momentum is building up.
Momentum is building up.
액티브 트레이드:
BREAKOUT.
Congrats 'patient' holders. :)
All worth it.
Congrats 'patient' holders. :)
All worth it.
액티브 트레이드:
What a rise.
액티브 트레이드:
ON SALE again. Discount will be limited time only. :)
+
+
액티브 트레이드:
Daily data update:
CFX looking to continue upside with targets to .18-0.20 range on its next runup.
CFX looking to continue upside with targets to .18-0.20 range on its next runup.
액티브 트레이드:
4h data update:
CFX is eyeing 0.19 -- high possibility.
CFX is eyeing 0.19 -- high possibility.
액티브 트레이드:
moving as planned. keen on its target: 0.19
액티브 트레이드:
Target hit plus more.
Congrats holders.
Congrats holders.
액티브 트레이드:
CFX preppin for 0.25
액티브 트레이드:
The squeeze on this one after consolidation will be very very strong.
액티브 트레이드:
0.25 BOUND.
액티브 트레이드:
cfx is ranging ascendingly and a short squeeze may be incoming.
액티브 트레이드:
BIG ALERT.
About to touch the heatzone area. Big upside move prospect about to commenced.
About to touch the heatzone area. Big upside move prospect about to commenced.
액티브 트레이드:
currently eyeing 0.25 levels.
액티브 트레이드:
This moved as expected based on our last post targeting 0.25. A breakout of that zone would mean more significant rise forthcoming.
액티브 트레이드:
CFX has the most generous set of surges which can be taken advantage of.
We are at the reset base again for the next 20% runup.
TAYOR.
We are at the reset base again for the next 20% runup.
TAYOR.
액티브 트레이드:
Consistently up.
액티브 트레이드:
There ya go, the first set of jump. More to come.
액티브 트레이드:
Based on recent price behavior, this is strongly eyeing an X2 target - back to previous peak at 0.50 soon.
액티브 트레이드:
SEED on this one now.
액티브 트레이드:
Daily data update:
0.20 seems to be a very strong psychological support now.
The probability of a good ascend from the current range is very high.
TAYOR.
0.20 seems to be a very strong psychological support now.
The probability of a good ascend from the current range is very high.
TAYOR.
액티브 트레이드:
STRONG BUY.
The diagram below is self-explanatory.
The diagram below is self-explanatory.
액티브 트레이드:
REITERATION ALERT: STRONG BUY!
This is aiming for 0.50 again.
Spotted at 0.22
TAYOR.
This is aiming for 0.50 again.
Spotted at 0.22
TAYOR.
액티브 트레이드:
CFX is conveying the most beautiful A++ setup now en route to 0.50.
TAYOR.
TAYOR.
액티브 트레이드:
GORGEOUS SETUP for CFX, targeting X3 to 0.60 soon.
TAYOR.
TAYOR.