Conflux(CFX), a project with 💲2000% profit💲 (🗺️Roadmap🗺️)!!!Today let's take a look at the Conflux project, which has grown nearly 😱➕2000%➕ 😱in 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 🔴resistance zone($0.362-$0.320)🔴 by 🟢bullish Marubozo candle (standard)🟢 and it is likely that wave 5 will continue until the 🔴heavy resistance zone($0.832-$.0635)🔴; as a result, the CFX token may grow by 👍+60%👍.
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 👍+60%👍.
Conflux Analyze ( CFXUSDT ), Daily time frame ⏰.
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 ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Conflux
Balanced Market Sentiment and Unique Competitive AdvantagesConflux (CFX) is currently trading at $0.1910 area in the daily timeframe, and its RSI is at 52. The asset is neither overbought nor oversold at the current price level, which indicates a balanced market sentiment.
When looking at the Fibonacci retracement levels in the daily timeframe, the 0.3669 level appears to be the primary resistance level, while the 0.2077 level acts as a support level. The price has recently bounced off the 0.2077 level, indicating strong buying support at that level. The 1 fibonacci level stands as the next potential support if the price continues to fall.
The Bollinger Bands in the daily timeframe provide further insight into the asset's volatility. The upper Bollinger band is currently at 0.2865, and the lower Bollinger band is at 0.1346. The middle Bollinger band, which is the 20-day moving average, is at 0.2106. The price seems to be trading around the middle Bollinger band, indicating that the market is currently balanced, and the asset's volatility is stable.
The volume oscillator is currently at 3.80%, indicating a moderate level of trading activity in the asset. The MACD, which is a trend-following momentum indicator, is currently at 0.0059, which suggests a weak bullish momentum.
The Stochastic oscillator, which measures the strength of the asset's momentum, is at 47.03. The reading suggests that the asset is not currently overbought or oversold.
Conflux's unique Tree-Graph consensus algorithm enables parallel processing of blocks and transactions, which increases throughput and scalability. Additionally, 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.
Overall, the technical analysis suggests that Conflux is currently trading at a balanced market sentiment, with moderate trading activity and stable volatility. The asset's unique features, such as its high throughput and regulatory compliance, could provide a competitive edge in the blockchain industry, particularly in Asia. However, investors should consider additional factors such as market trends and news developments when making investment decisions.
CFXUSDT(Conflux) Daily tf Range Updated till 26-02-23CFXUSDT(Conflux) Daily timeframe range. retraced about 1630%+ from local low thats actually crazy but true. we can see it did this kind of moves in past too so no surprises. #0.2051 holding out for now clearing will lead it down, breaking out of #0.3664 will open a level till #0.5041.
TOP CHINESE PUMP ASSETSLet's take a look at the basic metrics of the most interesting assets of the market, which gave a profit of 4x-5x of the investment only on the spot. These assets are considered to be Chinese tokens, which pump the current market
Conflux ($CFX)
1. L1 blockchain
2. Price: $0.2
3. ATH Price: $1.5
4. Market.cap: $586m
5. FDMC: $1.4b
6. Changes in the last three months: +1000%
Alchemy Pay ($ACH)
Solution for payments
1. Price: $0.39
2. ATH Price: $0.12
3. Market.cap: $201m
4. FDMC: $396m
5. Changes in the last three months:: +400%
OAX ($OAX)
Crypto Foundation
1. Price: $0.23
2. ATH Price: $2.2
3. Market.cap: $18m
4. FDMC: $23m
5. Changes in the last three months:: +250%
OKB ($OKB)
Native token of the Okex exchange
1. Price: $49.72
2. ATH Price: $50
3. Market.cap: $2.9b
4. FDMC: $14.8b
5. Changes in the last three months:: +300%
TRON ($TRX)
L1 blockchain
1. Price: $0.068
2. ATH Price: $0.22
3. Market.cap: $6.3b
4. FDMC: $6.3b
5. Changes in the last three months:: +60%
What can we do now?
Search for new unknown tokens that can be connected to the Chinese metaverse.
Search for new narratives.
What do you think about these tokens? Share your opinion with us and check our links below.
Tell us about other top tokens of the current pump if you have some in mind. Thanks for reading!
Conflux Network (CFX) formed a bullish Gartley upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
In the recent trade setup, CFX was very close to complete the final leg of a bullish BAT , but pumped before entering the buying zone as below:
Now this time on a 4-hr time frame, CFX has formed a bullish Gartley move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CFXUSD Within the May-December Liquidity Zone. Buy the pullback.CONFLUX - CFXUSD entered last week the strong Liquidity Zone of May-December 2022 and on this week it has almost reached the top. The RSI 1W can't signal a strongest overbought signal and even though this coin is extremely bullish long term, this calls for a medium term correction.
The MA50 1W will be there to support, the strong technical Support Zone is within 0.0980 - 0.065. Buy the pullback and target 0.8500 (Resistance A).
Follow us, like the idea and leave a comment below!!
CFXUSD Massive rise. How to trade this rally.Conflux/ CFXUSD is on a massive fundamental rally that easily crossed over the 0.25550 Resistance (1).
The rally doesn't seem ready to stop and by August can fill all gaps all the way to its historic High.
The last consolidation after the first rally was made within the High Variance Zone designated by the Channel Up consolidation during the Bear Cycle. There have been another two such Channels and will be our buy entries during this rally.
Trading Plan:
1. Buy at 0.1400 (2nd High Variance Zone).
2. Buy at 0.3000 (3rd and final Variance Zone).
Targets:
1. 0.8500 (below Resistance 2).
2. 2.0200 (Resistance 3 - All Time High).
Tips:
1. The RSI is supported in a similar way like December-January. That kick started a strong rise. Break below and the pattern might be negated.
Please like, follow and comment!!
✳️ Conflux Network Grows 160% Since Previous Trade IdeaConflux Network (CFXBTC) produced great growth since the trade idea we shared 7-Feb. but, can there be more?
See the previous trade idea below:
What gave away the initial price jump was the high increase in buying power, trading volume.
Looking at the same signal, we can see really strong volume once again.
This tells us that there can be additional growth.
Namaste.
CFXUSDT(Conflux) Daily tf Range Updated till 3-02-23CFXUSDT(Conflux)) Daily timeframe range. after very long low volume consolidation and downtrend. it finally retraced back and the retrace is quite good over 200%. its needs to hold above 0.0240 if it do lots of potential ahead. if not than back to price discovery which will be painful.
Conflux Network (CFX) forming bullish BAT for upto 41% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Recently we caught a almost 270% pump of CFX as below:
Now on a 2-hr time frame, CFX is about to complete the final leg of a bullish BAT move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Conflux Network (CFX) formed bullish Gartley for upto 24% pumpHi dear members , hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
Previously we caught a very nice pump of CFX:
Now on a 4-hr time frame, CFX has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CFX USDT LONG SWING | CFXUSDT | LONG @ 0.0515 - 0.0525 | TP @ 0.053, 0.0535, 0.054, 0.0545, 0.055 | SL @ 0.049 | PATTERN = 200 EMA RETEST | GATEIO |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:CFXUSDT OKX:CFXUSDT BINANCE:CFXUSD KUCOIN:CFXUSDT COINEX:CFXUSDT GATEIO:CFXUSDT
Conflux gonna shine in the future! As BINANCE:ETHUSDT 2.0 merge is around the corner, most of the miners are forced to find other PoW coins such as ETC, Zcoin and also CFX. Due to the changing of Ethereum from PoW to PoS, those PoW coins will easily get pumped. And now, I would like to introduce a real Ethereum killer, Conflux. For your information, the TPS of CFX is around 6400, which is the highest in cryptocurrency (ETH is currently at 16TPS). As Conflux's ecosystem is compatible with solidity language programming, therefore those Ethereum projects can easily move to Conflux and build on it. Thirdly, CFX is the only accepted blockchain by the China Government (you can imagine that 1.4billion of their people start to use Conflux). And most of the
digital collections are using Conflux too, famous singer like Jay Chou is selling their digital collections using Conflux blockchain. The only disadvantage for Conflux is they are bad at marketing, not the same as, BINANCE:ADAUSDT which are good at advertising their blockchain updates through social media. Thus, it might take time for Conflux to be famous. But if one day everyone knows about this project with their high blockchain technology, it will easily pump to 1000x or more. But all of this is just my personal views, not financial advice. And as it is a China project, so it might be highly controlled, This is contrary to the idea of cryptocurrency, therefore it might not be favored by some of the crypto investors.
Conflux Network (CFX) formed bullish Gartley | upto 18.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with Bitcoin pair.
On a daily time frame, CFX has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Conflux Network (CFX) formed bullish Cypher for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
On a 4-hr time frame, CFX has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Conflux Again- CFX had a lack of power but i always liked this project because Conflux Network is favored by Chinese Government to start CDBC.
it could means a lot because they will have to adopt cryptos at one point.
- Can check some Prepump news here :
www.coindesk.com
- Like is said many times, the goal is to buy a product before peoples buy, and drop when regulars peoples fomo buy in.
- We want to be on the train before the start :D
- That said, i also Mine CFX and the returns is better than mining ETH, despite the price now.
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Trading Plan
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You can see in the graph an oscillating corridor in BB (Yellow Corridor) . it means CFX is still consolidating in an accumulation zone.
Buy : 0.33$ (Buy a bit)
Rebuy : 0.17$ (All in)
Tp1 : 0.49$ (Security TP)
Tp2 : 0.98$
Tp3 : 1.35$
Stop Loss : No need
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Play Wisely & Happy Tr4Ding !
[CFXUSDT] Reminds me of Matic...Hi all!
CFX reminds me Matic back in 2019-2020 with this "wtf chart" with non-sense pumps.
Recent NFT partnership with McDonald's in China and the recent pump to $0.80 cents make me think it can rally once again, and probably even higher.
RSI and MACD getting bullish on daily timeframe. Bollinger's band are showing a movement happening very soon. Volume is also rising.
Maybe it would form an ascending broadening wedge with a second rally to 0.786 Fibo's level... It is risky and gamble for the moment but well, let's see how it goes!
Consider this scenario to be invalidated in the next 1-2 weeks.
I wanted to add this one for price tracking and to get some fun on predicting this one.
This is not an investment advice, do your own research.
Good luck everyone!
CFXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Conflux - PT: $400 - $500 - Strong buyShanghai Government Invests $5M in Blockchain Startup Conflux
www.coindesk.com
Beavering Away at the Conflux Network: A Chinese Blockchain’s Attempt to 'Fix' Ethereum
Conflux Network's public blockchain claims to be more secure, scalable and decentralized than Ethereum. Da bing sat down with co-founder, Fan Long, to talk about its future.
decrypt.co
We think Conflux will be better than ETH. April will be the month when $CFX will start its journey.
More info:
coinmarketcap.com
confluxnetwork.org
ConfluxJust listed few weeks ago on Binance. Conflux is a great Mineable coin, when ETH will switch to POS, those coins in POW will jump. Dyor more about it. the fees to send CFX are ridiculously cheap.
Conflux is a public, permissionless blockchain bridging Asian and Western communities and economies, to enable the secure flow of assets and data across borders, protocols & applications. The Conflux protocol is fast, scalable, and solidity compatible, with zero congestion and low fees. Headquartered in Beijing China, Conflux has expanded its global operations with a diverse distributed team across four continents, and additional offices in Toronto, Canada and Lagos, Nigeria.
Conflux originated in the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University. It is based on a Tree-Graph consensus mechanism that optimizes for security, scalability and decentralization.
In 2018, the Conflux Foundation was formed, and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism. Established as the only state-endorsed public, permissionless blockchain in China, Conflux is advancing education and research in blockchain development through the Tree-Graph Research Institute, in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan.
Trading Parts :
Buy zone : now around 1$
TP1 : 1.37$ (ATH Security TP)
TP2 : 1.55$
TP3 : 1.85$
This coin not have yet the volume it deserves so be patient and be there before the pump, also follow the King moves! Stay Safe.
Happy Tr4Ding !