Conflux Network (CFX) Bouncing From The Support Of A Wedge With Huge Bullish Divergence

 


Hi friends, hope you are well, and welcome to the new update on CFX.
Recently, on a daily time frame, CFX with Bitcoin pair formed a harmonic bullish Gartley move and started a bullish reversal from the potential reversal zone of this pattern.
On a weekly time frame, CFX is bouncing from the support of a big channel and there is also a bullish divergence flashed on the chart, as the priceline is forming a lower low and Relative Strength Index (RSI) is setting higher lows. Therefore, soon Conflux can make a powerful attempt to breakout this big wedge. For a detailed analysis, you can also watch the video.




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