PIKandExmoStudy

CFX - đŸš© Flying High: Unveiling the Bullish Flag Formation 📈🚀

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BINANCE:CFXUSDT   CFX / TetherUS
On the weekly chart, CFX displays a promising bull flag formation. In the long term, it resembles a head and shoulders pattern around 0.09, with a favorable risk-reward profile. There are two resistance ladders on KDJ and Fisher indicators that need to be surpassed. The projected path is shown in black. The bull flag setup remains intact, even potentially retracing to the 0.07c area.

PS Notice the green highlights on indicators.
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