In a good spot for a recovery play
This is a linear/regular chart
Which I don't often show
but what mainstream TA guys look at
FRAX is DEFI
DEFI is not sexy right now
But it is a key part of the Ethereum use case as that chain has more TVL than any other
and real world assets are most likely to be stored on ETH
stablecoins. tokenised treasuries,...
Have been loving frax share token... here on a log scale, have been eyeing up re-entries, have noticed large volume the last 30minutes buying in at this level, by the time i have published the idea some larger candles have printed for more confirmation. enjoy.
Frax Share broke out bullish locally and looks ready for another leg-up that pull-back.
FXS is not only a DeFi token but also a member of the Avalanche Ecosystem!
It works as a governance for the Frax Protocol, which is the first fractional-algorithmic stablecoin system (FRAX).
Current Price= 0.00012369
Buy Entry= 0.00012395 - 0.00011715
Take Profit= 0.00014456 |...
