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.
Transaction en cours:
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.
Transaction en cours:
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.
Transaction en cours:
The 'obvious' tell tell signs are flashing on this one.
SEED.
SEED.
Transaction en cours:
Classic moves before pump: DAILY DATA.
spotted at 0.2090
spotted at 0.2090
Transaction en cours:
Transaction en cours:
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
Transaction en cours:
HOLD. HOLD. HOLD.
Transaction en cours:
We got a DAILY BREAKOUT.
Transaction en cours:
Something is telling me -- this ripe for a sudden ascend.
weekly chart is hinting already.
weekly chart is hinting already.
Commentaire:
spotted 0.1850
Transaction en cours:
GETTING RIPER by the day.
Transaction en cours:
It's coming... 0.17 levels will be forgotten soon.
Transaction en cours:
this is very sensitive to pump, frequency getting higher...
0.1787 price as of this posting.
0.1787 price as of this posting.
Transaction en cours:
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.
Transaction en cours:
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.
Transaction en cours:
Moving past 0.18 now...
Transaction en cours:
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
Transaction en cours:
0.2 will come sooner than expected based on recent movements.
Transaction en cours:
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
Transaction en cours:
1st weekly 'solid' net buy candle appear.
Transaction en cours:
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.
Transaction en cours:
No more doubts on this one. It's gathering energy for the elusive surge soon.
TAYOR.
TAYOR.
Transaction en cours:
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.
Transaction en cours:
Transaction en cours:
Moving as planned. Seed while it's still calmer.
Transaction en cours:
Price movements are firming up, ascend journey is almost certain.
Transaction en cours:
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.
Transaction en cours:
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.
Transaction en cours:
Weekly data is looking good. This may target x2/x3 by end of year or Q12024.
TAYOR.
TAYOR.
Transaction en cours:
Daily bend spotted. Ascend next.
TAYOR.
TAYOR.
Transaction en cours:
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.
Transaction en cours:
Be patient. We're almost there.
Reference: Daily data: Spotted at 0.1150
Reference: Daily data: Spotted at 0.1150
Transaction en cours:
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.
Transaction en cours:
About to kiss the trendline resistance -- strong momentum may surface from here on.
Transaction en cours:
Welcome back 0.11.
Transaction en cours:
looking good so far for CFX.
Transaction en cours:
Weekly is showing signs of significant net accumulation.
Momentum is building up.
Momentum is building up.
Transaction en cours:
BREAKOUT.
Congrats 'patient' holders. :)
All worth it.
Congrats 'patient' holders. :)
All worth it.
Transaction en cours:
What a rise.
Transaction en cours:
ON SALE again. Discount will be limited time only. :)
+
+
Transaction en cours:
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.
Transaction en cours:
4h data update:
CFX is eyeing 0.19 -- high possibility.
CFX is eyeing 0.19 -- high possibility.
Transaction en cours:
moving as planned. keen on its target: 0.19
Transaction en cours:
Target hit plus more.
Congrats holders.
Congrats holders.
Transaction en cours:
CFX preppin for 0.25
Transaction en cours:
The squeeze on this one after consolidation will be very very strong.
Transaction en cours:
0.25 BOUND.
Transaction en cours:
cfx is ranging ascendingly and a short squeeze may be incoming.
Transaction en cours:
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.
Transaction en cours:
currently eyeing 0.25 levels.
Transaction en cours:
This moved as expected based on our last post targeting 0.25. A breakout of that zone would mean more significant rise forthcoming.
Transaction en cours:
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.
Transaction en cours:
Consistently up.
Transaction en cours:
There ya go, the first set of jump. More to come.
Transaction en cours:
Based on recent price behavior, this is strongly eyeing an X2 target - back to previous peak at 0.50 soon.
Transaction en cours:
SEED on this one now.
Transaction en cours:
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.
Transaction en cours:
STRONG BUY.
The diagram below is self-explanatory.
The diagram below is self-explanatory.
Transaction en cours:
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.
Transaction en cours:
CFX is conveying the most beautiful A++ setup now en route to 0.50.
TAYOR.
TAYOR.
Transaction en cours:
GORGEOUS SETUP for CFX, targeting X3 to 0.60 soon.
TAYOR.
TAYOR.