Discussing CFX Technical Aspects: The Fluctuations Hidden Here are Just Like the Realities of Everyday Life
Looking at the CFX market, it resembles our daily lives so much — recently swaying between 0.17 and 0.22 USD, sometimes wanting to surge up, sometimes probing down, much like someone torn over whether to quit their job or whether to spend that money; the bulls and bears are locked in a struggle here.
Now looking at those indicators: the MACD bar is shrinking little by little, like the confidence inside slowly diminishing, but not completely gone, just like when you're clearly tired and want to lie down but still hold on to a glimmer of hope; the RSI is stuck in the middle, neither up nor down, very much like our mindset when we're conflicted, neither panicking nor taking risks, just waiting for a reliable signal.
The most interesting part is the Bollinger Bands, which have narrowed significantly, resembling the calm before a storm. At this point, it could either soar to great heights, like when we grit our teeth and push through tough times to see the light; or it could go down, like a fall that requires getting back up and rethinking things.
Moreover, it is looking forward to a 3.0 version, much like us hoping that 'if I change jobs / learn a new skill, will life get better'? With a technical upgrade, there might just be new opportunities.
In fact, trading CFX is not much different from living life; don’t just focus on momentary ups and downs, observe these 'signals', just like observing the small details in life, once you have a sense of it, you'll know what the next step should be.
