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PRO_SMART_Trader
11 sep 2022 02:13

🚀(CFX/USDT analysis) 

CFX / TetherUSBinance

Beskrivning

The #5 suggestion and alternative for Ethereum POW, for gpu miners , is ,with an good potential for having
more growth ;


🔹Rank #178,/ kind : coin POW \\ Market Cap:$117,780,170
Total Supply: 5,278,164,274///2.09B CFX 40%====> good


  • 🔰What is Conflux (CFX)?


Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability.
Sustainable Infrastructure for the global token-economy. Conflux enables creators, communities, and markets to connect across borders and protocols



  • 📊Technical POV :


Since early Apr 22 , CFXUSDT has been declining underneath of a descending trend line up until now , It recently seems has a potential to jump , just if it be able to take over current green (pivot) zone so in this case it should also breakout the descending trend line to see the higher resistance zones , but may be rejected and retest the lower support zones as a a correction, according to my scenario .


✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Kommentarer
zodiac01
No bullish for cfx soon. Atleast 1-2 years before explode. Thank me later!😉
PRO_SMART_Trader
@zodiac01, thanks for feedback ,maybe true ! 👍😀
RLinda
Keep it up)
Solldy
Wow 😱 The analysis looks promising. Although I think the profit will be less than expected.
UnknownUnicorn15614419
Amazing analysis 💎
PRO_SMART_Trader
@TradingStat, thanks💚
Mer