CFX / TetherUSLong
👀The Big picture $cfx analysis general outlook👀.Monthly Chart!
Zaktualizowano
If you ever wonder where we are in terms of potential, take a good look at this monthly chart and understand where you are before you freak out BTC's 1% baby drops. 👀Let Me Show You!👀 RSI is at 17 and volume reached historical high(Even Feb candle only 5 days in 25 days to go)! One needs to be completely aware of the whole picture before focusing on 15 min to 4hour candles. I personally believe we going to see one large monthly candle based on the data provided. Extremely unreasonable low rsi and record high volume is pretty much self explanatory! It took a lot less volume to move this 4x at once. Imagine If we all decide to go to same direction! Win- Win right!
Uwaga
Important Reminder :Not expecting 3000% candle at once.This is to just show you the long term potential. Were we were and were we are comparison. I am expecting one large candle possibly 100% up to 500% for the month of february. Currently @ $0.0625Uwaga
Yes big move with a huge volume already @ 0.0720 . Looks like a real thing!👀Uwaga
We will know soon enough. Expecting big move shortly!
Uwaga
I was not kidding when I as talking about one large monthly candle being built! Already above %200!!Uwaga
we did reach our 500% february monthly target in 2 weeks. Enjoy🔥! I think we need to allow this to correct. $0.325 was a good power move. But it is very dangerous to enter trade at this point! Not saying this won't go up anymore but the risk is far greater than the possible reward. Day traders should to wait for correction for good entry!Uwaga
Still correcting as we predicted. .23-0.24 zone did not meet with strong bounce reaction yet so we should expect possible .18 range to see weather we get reversal or not! Anything under .18 would be bad sign! Because next possible support zone is at 0.12 area! .23 and 0.18 zones are important possible reversal zone! Needs to be observed carefully! If we go below 0.18 then we are looking at all sorts of problems. Cfx holders will decide.
Uwaga
We did go down to 0.18 range as previously predicted and cfx found buyers at that level. So far we are back to 0.23 level and holding. Testing the action against 0.23-0.24 level is going to be indication what could follow up next. We are not out off woods as of yet! If buyers are confident we may try 0.30 range. if not second attempt of 0.18 range and double formation required for further confirmation.Uwaga
0.18 range seems to be holding for now but it is not convincing yet. This is really important range for bullish continuation. If we lose it , we may be looking down broad 0.1-0.15 range somewhere which is quite worrisome.Uwaga
Cfx is really trying to go up, but Binance is manipulating markets to the max. Ftx bankruptcy is linked to cz's prior comments and this upset some big guys . The fact that he is claiming no responsibility makes it much worse. Binance lost a huge market share with BUSD(16 billion market cap melted to 8 billion in last 4 weeks), and they are possibly selling BTC's other assets so they can peg Busd to $1. Until they figure this out, we are in the unknown. The fact that one exchange got so big and powerful creates problems. If you are not employing big capital, please try to use other exchanges such as Kucoin,kraken etc. Share the wealth between exchanges.Uwaga
Cfx looks solid @0.18 range. Double bottom forming as we speak on daily chart. It is matter of time we explore 0.24 and 0.3 region. If we are able to break 0.24 and 0.3 ranges, 0.5 range will be on the table. it could happen fast since we are forming a solid bottom 👀!Uwaga
Well, the last drop was unexpected due to Btc’s mini crash. There are so many rumors about Mt. Gox selling 100k btc or silk roads creators 50k Btc getting sold on the open market fud. Let’s see 100k btc is roughly about 2 billion dollars. Sounds big right? Not really! Btc’s daily trading volume is above 40 BILLION dollars 20 times as much as Mt. Got whole holdings. This fud has been going on for the last 5+ years. Whenever Btc gets weak some people spread the fud so they can buy low. Do not part with liars and cheaters.Cfx is fine and corrected enough. Too much greed is not the best thing when it comes to crypto.
Uwaga
Instant 40% gains in 8 hours. That is why I was saying too much greed is not a good thing because you miss the opportunities that is screaming at you. I think, we going to have another impulse wave currently at $0.19 level.And most importantly don't believe in fudders again. They are here to scam you and take your money. Choose and evaluate the information that is given to you. You will see in the future we will still be see Mt. gox thing over and over or ftx or something else. Pay attention from now on!Uwaga
Yes . Everything going according to the plan. You see how fudders forced people to sell and now nobody even remembers ! We broke $0.23 confidently. If we can close the 4hr & 1d candle above $0.25 & 0.3 levels , will clear open passage to $0.5 range. Could take short couple days or weeks. Beast is just waking up! Be ready for something extraordinary. Just saying!Uwaga
Daily volume is 900 million and moving towards 1B mark( Half of the Mt got's 100k btc holdings as of yesterday) I mean this is Big. Really big number. $1.000.000.000 usd .More than cardano(12b mc) ,more than Tron(6b mc), more than dodge coin(10b mc),more than shiba(7b mc) etc. It feels like we are just starting! I am so excited to be part of it.Uwaga
One possible very bullish continuation possibility.Uwaga
We blast past $0.3 area. You know what comes next :) THE BIG $0.5 target. Which can easy be achievable with the given volume over 1 BILLION DAILY! Yes over 1.000.000.000 usd. and this figure is getting larger as we gain more confidence and momentum. We may go up and down on a shorter time frames (4hr and under) but on a daily chart we still got some much room to advance. We should close the daily candle above $0.3 just so people can see flexed biceps in the action.Uwaga
Previous high already taken out!Currently $0.35 and rising! Volume is still above 1b mark and 7th highest traded coin in the whole market. Just behind BNB(50 billion market cap) and polygon(11b mc). This is hugeee number. if we continue this pace ,We may even exceed the targets! No signs of slowing down. Confidence skyrocketing! All the right signs 👀.Uwaga
Now we are 4th highest trading volume 1.2billion Jut behind btc,eth and Xrp. Almost enough to take over xrp. We are talking about the astronomical number for 600 million mc coin. Good thing we corrected at this point.Even some of us panic sold it as low as 0.25 levels. Currently 0.26-0.27 level.Extremely high volume gives us protection. No need to be alarmed of corrections like this. Bigger the correction higher the chances of reaching $0.5 level and above! If we all choose to go up, we can go up 2x in a matter of hours. I am not afraid or worried here. Btc just got to new local high 26.3k from 19.5k and also corrected to 24k. Nothing wrong or suspicions there for now!
Uwaga
Historical moment. CFx's volume reached 1.3billion . 3rd highest volume for trading just behind BTC and Ether. Numbers does not lie! Smart money pouring in! If you are trying to short this at this point, I would say wrong time and wrong coin! If we can somehow manage to stay around $.27 -.28 levels and close the daily above then we can really roar next few days. Perfect mini correction Rsi is at 61 mark(This is nothing for cfx .it can push 95 rsi on daily without problems.)! I have a feeling that tomorrow's candle will be huge(Hopefully btc won't disappoint which is very unlikely anyhow)!Uwaga
So we are back under $0.3 zone and volume is decreasing compared to yesterday still enough for a good push. However it may still fail to take 0.3 because I feel weakness around the region. It would not hurt to be cautious and take some of the profits now. I am not suggesting full close but some profits in case of a reversal or correction. So be ready for surprise in both directions(up or down)!Uwaga
In case If we pull back $0.24 must hold otherwise Bullish sentiment might be gone for sometime. Or we should stay above $0.3 again strength . Every moment we stay below $0.3 increases risk of mini crash since we are losing that record breaking volume.$ 0.24-0.25 is really important zone anything below we can go back to $0.18 zone and not much fun at all.Uwaga
I don't know something weird is happening we are losing strength and Btc seems a bit weak as well. Yes we are going up in numbers but I feel like momentum is slowing down. yesterday I as worried about BTc's double top now today I am worried about cfx's double top on 4 hour charts. I feel like Btc might pull a trick on us.I believe In few hours BTC options will expire(over 1b worth contracts) so it is not clear what will exactly happen.I am choosing to be safe here! I am not sure at this point $0.5 target may have to wait for a bit. But the good thing we made 150% profits past week or so. $0.33-$0.34 levels at the moment and we can't move up at this point due to uncertainty in BTC's next level of action. SO BE SAFE!Uwaga
Great news $0.4 happened somehow !!! when I was not expecting thanks to BTC's unexpected move. I still don't trust BTC at this point 28k push out of nowhere? Something doesn't add up.Uwaga
We got up nearly 3.5 times again without correcting on a larger time frames.Weekly RSI is at 80! . Don't get me wrong I enjoy profits and all but If we don't correct here deep enough, we going up in the dumpster fire. New Buyers can't join at this level just way too risky. If I see no correction I will completely close my position and not to look back for a while. I said the same thing about the FET and I was right!Uwaga
Well there is one exception to what I said above. If some reason BTc able to break past 30k confidently , we could be starting wider bull run so then we can skip the correction part all together. Until then nobody safe yet!Uwaga
Ok we passed $0.45 without correcting. I am officially closed 100% of my CFX position for now. I will re-evaluate after correction. For now I am considering to get in other positions in the mean time. Wishing you good luck for the big risk takers. It may or may not work.Uwaga
Take a look at my chart comment on march 14 and how it turned out! Scary :)Uwaga
We are correcting as I predicted. This correction could be deep. Even as low as 0.22-0.25 range. hard to tell at this point. First reversal attempt should be around 0.32 - 0.35 range , If it fails 0.28-0.30 range then 0.22-0.25 range should be sweet spot for the 0.5-0.8 attempt. Let see how this plays out!Uwaga
$0.30 seems to be holding but not very convincing yet! We need confirmation! Volume seems to be on the low side. So we are not out of the woods yet 0.31 ranges at the moment.Uwaga
So far so good! 0.38 push came out of nowhere with BTC's timely hand. But daily volume is still on the lower side(400m) compared to previous rallies(1b++) that is why I am still cautious but this could be ok as long as BTC climbs up. Lets see.Uwaga
Another good push to 0.43 range. This is where it gets very tricky. If we fail to take 0.45-0.47 zone on daily frame next few days , we may be looking at all short of problems. Since we are going up and down in excessive speed , there are some great hidden dangers in this setup on the short term however on the long run it is a lot safer. Please take this message seriously because I have been burn down in setups just like that. Lets cross fingers already! If for some reason we can't reach 0.5 ranges and above , we will try it after correction or pull back. So we will know the direction soon enough!Uwaga
cfx still trying to find solid support but no luck so far. Maybe correction is not complete on daily. Only time can tell us. Currently struggling at 0.37-0.38 levels. We either need to take 0.5 or slowly correct here on weekly chart. At least one weekly red candle could be good for long term growth! 0.2-0.25 levels still on the table and reaching 0.5 could be also possible with btc help but not desirable on the long term due to extreme overbought situation!Uwaga
let see!0.29-0.30 zone and ema 50 intersects. Could be good place for local reversal!Uwaga
We are finally correcting. We did not have any other way but people didn't want to see it. 0.31 ranges already happen in a quick pace. 0.29-0.30 zone is very important otherwise back to 0.2-0.27 broad range. I think we will very likely see at least below 0.27 range. Otherwise we going to beat around the bush stay in strict range so we can correct later anyhow.Uwaga
we touched down to 0.27 as I predicted but daily volume still too low. Which may mean that we are not done yet! We are ack up just under $0.3. Btc may push us up and down but CFX is not ready make it's own rally yet! Worst possible case that I can see is we go down to $0.19 range and rally towards $0.5 or correct 0.20-.0.27 range and progress from there.Uwaga
Correction is still in progress currently 0.24-0.25 range. Still no sign of support!Uwaga
If Btc's stabilizes we should strong bounce from 0.18-0.2 zone. If it fails to bounce next possible support zone is no fun at all 0.1-0.15! I see this possibility unlikely option but yet it is probable with possible further BTC crash towards 20k zone.Uwaga
0.18 seems to be holding for now but we briefly touched down to 0.166 level. It is so weird how binance bots manipulates everything. we are in a wide range of 0.1 to 0.15 range reversal zone. I don't even want to mention what is below that!Uwaga
Altcoin market seems to be waking up but could be temproraly all depends of BTc's performance. Still no confirmation of the bottom yet so It is too early to go all in and also volume is low which is good sign during the 4 weeks of correction. We may have to wait for October,November for bigger moves. In the mean time traders should be cautious.Uwaga
We did get down to brutal wide range of 0.1 to 0.15 zone. As long as we don't break 0.1 and form a solid base line for next month or 2 we are ready to skyrocket. If we happen to beak down below 0.1 level, real pain awaits for traders that is currently in positions. $0.06- was acting like strong support earlier before the ballistic rise. I am hoping that we don't test there under any circumstances but unfortunately Binace invented new things like grid trading auto trading,range trading bots for regular traders. This opens uncertainty for the whole market. When we go up it works great however when we go down all the bots sells it at once lead by binance's main trading bots. So please avoid using auto trade bots. This will only help binance to dominate the market the way they like and you will lose at the end of the day!Uwaga
Note: CFX should test $0.15 level before $0.1 level. That is how this game works!Currently hovering 0.12-0.13 levels
Uwaga
Cfx looks quite bearish at the moment. We can't even test $0.15 levels. Highest it tested just under $0.14 level only for very short period. I can feel like major bear period almost over but not quite. End the of every prolonged bear cycle , there is usually one massive drop. It could be very short period but this sudden mega drop usually triggers major bull run. It has been like that past 10 years in crypto world. So we may or may not see high 0.58-0.8 range but if we do , have a plan ahead of time so you won't sell it at the bottom. We may or may not see sideways action with frequent ups and downs for quite sometime but I think there is still a bit more pain to endure. When the right time will comes ,we will moon towards $1 target. I am assuming october or November or could even be in september, may trigger giant bullish new wave. If you are experienced DCA method could be most beneficial way.Uwaga
I was typing my last comment while I was walking. I meant to say we may or may not drop suddenly to 0.058-0.08 levels but if we do, it should be short lived. And we should moon towards $1 target right after!Uwaga
If Btc makes a upwards move here,Cfx may go up along with BTc. But regardless chart still doesn't look bullish. Could be good opportunity for swing/day traders.Uwaga
Cfx going up because BTC going up. Volume is still too low for rally conditions. Corrections can be sharp with this one. Still not ready for wider run. Still perfectly good for swing traders. 
ETH started to make big moves. Traditionally larger market cap altcoins will follow first like CRYPTOCAP:MATIC, 
ADA, 
LINK ,NASDAQ:TRON, 
DOT etc. then 
CFX will get its turn ! Need to be patient at the moment!Uwaga
Cz posted comment on October 17 " Earlier today, there was a hardware failure on our active Matching Engine, causing the server to instantly stop and crash. Our Matching Engine automatically failed over to the backup within 10 seconds. Other than that 10 second delay, there were zero issues.Normally, this would cause a few hours of down time and a lot of tweets. Now, it's 10 seconds"
Seems Innocent at first but he ultimately meant :They robbed all the altcoins so BTC could advance further. BTC went up 2k and altcoins couldn't catch up at all what a coincidence. Hopefully he will fix this otherwise people will lose trust in him completely! When BTC goes down , matching engines never goes down!
Uwaga
We had a great breakout but we should correct a bit towards 0.13-0.14 levels then strike towards $0.2 region. Correction now and then is important just because new traders& whales should be able to join in a bit of safer levels. If we try to push this towards $0.2 straight up, we may run out of juice and crash again. It is upto cfx holders to decide which path to take from here!Uwaga
CFX corrected a bit but not so it may or may not be enough to continue to climb up to $0.2 level but I still personally think that correcting at least towards $0.14 channel is healthier or better choice for the longer run but not must at this point. You can sprint a short term period but you can't run a marathon at full speed!Uwaga
I been Watching CFX in action last couple of days. There are some large passive buys in the market. Everything pointing out for a short accumulation phase! Current data and moving averages pointing out another run or attempt towards $0.2-$0.28 in wider range! When CFX moves it moves really fast. Could be perfect time to make some $$$. Just saying 👀! Currently 0.155 zone.Uwaga
Special note:Currenly 0.16 zone.There are still some dangers associated with this setup. This is not a smooth sailing at all. I still think that correcting here towards 0.13-0.14 range could benefit a lot on the long run.Uwaga
$0.14 level already tested Currently at @ $0.151 levels. I was predicting this drop way before it happened! Now we have 2 options here retest $1.4 level once more just to make sure we have solid support or go above $0.16 and prepare for $0.2 attempt. Will be interesting! Going up between $0.16-$0.17 levels and prepping sideways a bit should be more desirable at this point!Uwaga
Plan exactly working the way it should(Textbook correction patterns)! Massive passive buys coming in! We been fluctuating between $0.16-0.17 levels. It is fairly clear that $0.2+ line wide open for now.Next move should be somewhere between $0.2-$0.25 levels. I am expecting this to happen very soon!!!!!!!!!!!!(%13-25% possible gains in shorter time frames)👀 .Question is are you ready for it?!Uwaga
I did look into CFX chart for a long time today on a large screen Over and over.Mainly focused on daily, weekly and monthly charts. I came to conclusion that we are due for another giant monthly candle 100%-200%. On the monthly chart, Cup and handle pattern printed . This pattern happens to be one of the strongest bullish confirmation!! please observe this very carefully and compare to another similar prediction that I posted in the past.
Uwaga
30% flash drop across all the alt coins under 5minutes. This was Binance's criminal move once more. People getting tired of this kind of robbery. If one or 2 coins drops like this , I would be ok with that.However all coins drops like this at once there is no explanation. Last 2 years average people got poor but CZ got richer for a reason. Things can turn around fast but this was not fair play!Uwaga
100%+ candle expectation for November is still on. Lets call this deeper correction on daily time frame. Nothing changed! Much better position to enter so more money to be made!Uwaga
Weekly perspective! We are still in great shape! Clear Trendline breakout with retest! All the signs out there. Now showtime!👀Uwaga
***There is one early warning. CFX currently sitting above 0.1850 territory! Very low daily volume. If Btc corrects here cfx will also correct so monthly candle above maybe delayed to december even january. So while you are in profit make sure to be responsible in the short term. For the long term does not matter anyhow! Right now nothing is straight forward and we are not protected by daily volume as well.Uwaga
BTC dropped a bit but not by much as expected and so CFX . This might mean that we are still in bull market cycle. Best part is CFX showing strong support signs between 0.1580-0.1620 zones. If this holds true,We may attempt $0.2 zone in no time. A bit aggressive entry at this point but may be worth it. Unlike other coins CFX doesn't need BTC's help to rally. It may self initiate the rally like FEB Monthly candle! We just need BTC's to go sideways for a bit!Uwaga
This zone didn't hold but it should be temproraly. It looks like some people were hunting long positions to liquidate with BTC so they can buy cheaper coins in short term. A typical scam by big exchanges. Believe it or not BTC seems strong. This is not the first time happening and won't be the last time happening as well. $34800 (EMA20 on daily chart) touchdown in a matter of minutes.Btc's daily candle should close above 35.4k+ .CFX also went down for the very same reason. Do not forget when somebody sells on the exchanges, somebody else has to buy! CFX tested Ema100 6 times on daily chart and was able to stay above!As long as thing stabilizes, we are ready to strike!Uwaga
Btc's daily candle closes above 35.5k and we are not surprised! Best thing CFX's daily candle did close above $ 0.1585 still within support mentioned above. There is nothing that we can do when Bot's preprogrammed to match BTC's downward move! But recent rise towards $0.163 zone already proved that $0.1580 indead real daily support and EMA 200 on 4 hr chart & EMA 100 on daily chart acting very solid bouncing points. It is nearly impossible to guess accurately at this point but my personal prediction is we are overdue for strong move towards $0.2 zone. If this move is successful,attempt above $0.32 zone(this is one possibility out of many. For this to happen we need BTC to be stable) . Only way to make sure is to observe the volume upon breaking $0.2 zone. Fingers crossed.👀Lets see what is going to happen next few days👀!Uwaga
Btc can't stabilize for some reason. Some Large entities playing dirty tricks. Waiting on the sidelines till direction is a bit more clear should be better alternative at this moment. If Btc crashes CFX may lose its daily support and may became quite unstable. Just be safe for next few days!Uwaga
so here we are. cfx was doing great up until some Btc's scam candle drop on exchanges. Not sure why this is happened but I am pretty sure there is a some make up reason somehow as usual. So altcoins overall took a big hit but Btc back to normal as usual. Problem solved BTC titans scored another goal! Problem itself wasn't the large red candle .Real problem was traders got kicked out of multiple exchanges for about 30+ minutes while the action continued by bots. Anyhow moving forward , there could be another good opportunity to enter positions at this moment. However it is not very clear cut! If Btc continues to climb up slowly here or go sideways, we should be able to see $0.25 figures in short time period. My gut feeling also pointing out the same direction. Price currently however low 0.183-0.184 zone. So we are looking about %30+possible gains!Uwaga
Very strong power move towards $0.2 zone with high volume! This was already expected! $0.2 zone met with some resistance however it looks like it is not going to hold. We have very high volume in short time frames. If we are able to claim $0.2-$0.22 zone , $0.25-0.30 zone target should not be surprising at all.Uwaga
Unfortunately $0.2 resistance zone holds firm for now. Traders missed out on big opportunity this time. Momentum feels like slowed down. Right now it feels like altcoin market being surpassed by fake news. Lets see what will happen in few days. If Sec denies eft could be very bullish news or not. Just saying.Uwaga
Btc go up nearly 47k levels and holding strong at hi 
46K levels. At the same time most alt coins could not catch up with Btc as expected! If Btc is able to stabilize here we will have another opportunity with cfx. Critical psychological level is $0.2 but not really big obstacle in terms of distance from the current levels. If we are able to capture $0.2 rest should come easy ! We all ben waiting for strong Btc and all of a sudden we are being scared to open up positions?! Bigger the risk we take bigger the money we lose or make. No risk = no money making.Uwaga
I don't know about you but I see strong double bottom formation on weekly CFX/BTC chart! Double bottom formation on weekly time frames usually sign of very strong indicator of trend reversal.Uwaga
We couldn't quite reach $1 ultimate target yet. We got rejected at $0.55 level and since then we been correcting. $0.55 level still 9x since posting this idea ! But when the market is fully bullish we should attempt at $1 target. Patience goes along ways here!
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