Conflux(CFX), a project with ๐ฒ2000% profit๐ฒ (๐บ๏ธRoadmap๐บ๏ธ)!!!
Today let's take a look at the Conflux project, which has grown nearly ๐ฑโ2000%โ ๐ฑin the last 80 days.
First, let's see what kind of project Conflux is.
Fundamental:
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.
As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem.
Despite the recent banking collapse in the United States that has become a source of worry for those in the crypto industry, some cryptocurrency projects emerge unscathed, and CFX is one of them.
Also,The Conflux is the only blockchain in China that complies with legal requirements and utilizes the Tree-Graph consensus mechanism for increased throughput and scalability.
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Technical:
Conflux started its impulse waves after breaking the important downtrend line.
In order to know whether we still have the opportunity to invest in the Conflux project token(CFX), we must examine the current technical conditions of this token.
Conflux confirmed the start of wave 5 after breaking the ๐ดresistance zone($0.362-$0.320)๐ด by ๐ขbullish Marubozo candle (standard)๐ข and it is likely that wave 5 will continue until the ๐ดheavy resistance zone($0.832-$.0635)๐ด; as a result, the CFX token may grow by ๐+60%๐.
As long as Conflux does not lose its uptrend line and confirms the uptrend 50-SMA and 50-EMA, we can hope for the target of ๐+60%๐.
Conflux Analyze ( CFXUSDT ), Daily time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
First, let's see what kind of project Conflux is.
Fundamental:
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.
As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia, connecting decentralized economies to strengthen the global DeFi ecosystem.
Despite the recent banking collapse in the United States that has become a source of worry for those in the crypto industry, some cryptocurrency projects emerge unscathed, and CFX is one of them.
Also,The Conflux is the only blockchain in China that complies with legal requirements and utilizes the Tree-Graph consensus mechanism for increased throughput and scalability.
---------------------------------------------------------------------------------------------------------------------------------------------------------
Technical:
Conflux started its impulse waves after breaking the important downtrend line.
In order to know whether we still have the opportunity to invest in the Conflux project token(CFX), we must examine the current technical conditions of this token.
Conflux confirmed the start of wave 5 after breaking the ๐ดresistance zone($0.362-$0.320)๐ด by ๐ขbullish Marubozo candle (standard)๐ข and it is likely that wave 5 will continue until the ๐ดheavy resistance zone($0.832-$.0635)๐ด; as a result, the CFX token may grow by ๐+60%๐.
As long as Conflux does not lose its uptrend line and confirms the uptrend 50-SMA and 50-EMA, we can hope for the target of ๐+60%๐.
Conflux Analyze ( CFXUSDT ), Daily time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me