You may be tempted to FOMO into Frax Shares, but check out this resistance, 10% left to go and it will be hit. The last time the price was there it was rejected and pushed to form another all-time low! Best to be cautious here and not FOMO just because you see a green candle. Wait for a breakout at least. Bias is mildly bullish, but a break of resistance is...
See chart. Yellow area is a potential buy zone, but even so, exercise patience as this bear market is still searching a bottom.
FXS is shaping up for a correction to the downside. I would love to short it but not available on Binance futures , KuCoin or CoinTiger. If you have the opportunity it might be a good trade for you. If youre looking to buy and Hodl. these are Good entry points.
FXSBTC on H8 had formed a triangle. After the breakout and pump it will go down for the Pullback. It ix expected to continue the Bullish move after the Pullback. ⬆️Buy now or Buy at 0.0001040 ⭕️SL @ 0.0000680 ✅TP1 @ 0.0001490 ✅TP2 @ 0.0001600 ✅TP3 @ 0.0001800 ✅TP4 @ 0.029000 ✅TP5 @ 0.030000 ✅TP6 @ 0.033000 ✅TP7 @ 0.0003900 Check the Links in Description and...
💎Technical Analysis Summary💎 FXS/BUSD -After the breakout and retest last August 18th -The price rallied up by 88% profit -If FXS will continue strong in the coming days -Then next key resistance level is 8 dollar -This zone is also a confluence of resistance Fib 0.5 -Be careful because this is not a good area to buy -The risk to reward ratio is no longer in...
"What Is the Frax Protocol (FRAX)? The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in...
“FXS before you Go Go!” Yep… this $70M Market Cap coin of 100M max supply, is about to breakout from a 50D EMA. If it successfully breaks out it could have a 100% potential gain from 1300 sats to 2600 sats. While there’s nothing impossible in them world of Crypto as a fundamental news could drive FXS north instantly, this trade could take longer than normal to...
The chart we shared for Frax Share (FXSBTC) went bust... Ouch! But this is no big deal, this is normal... Some we win, some we lose... Wait, it is a bit more complex than that. We need to use a stop-loss and also have a well-developed plan before trading. (To increase potential wins and reduce potential loss) If one of our trades fails, we lose 10%, 20%,...
The chart we shared for Frax Share (FXSBTC) went bust... Ouch! But this is no big deal, this is normal... Some we win, some we lose... Wait, it is a bit more complex than that. We need to use a stop-loss and also have a well-developed plan before trading. (To increase potential wins and reduce potential loss) If one of our trades fails, we lose 10%, 20%,...
its a bit speculative, no one knows how market would react but as long as we set our stop loss, we can take a risk to catch the bottom and enjoy the ride. if FXS team push it a bit harder and get USDT pair on binance we might see more volume pumps into FXS, having said that UBSD pair looks very good with massive potential!! at the very least we might see FXS pay a...
now in this chart i see Triangle pattern. and i spect the price reach this target (14$) in 1 mount.
#FXS/BTC TA Update :- #FXS currently trading at 1285 Satoshi And also trading above strong support level. So I am buying here some #FXS Entry:- 1250-1290 Satoshi Targets:- 1761/2635/3263/ Moon Sat Stop loss:- if any 6/8 hours candle close below 1200 Satoshi then Strictly close your position. Support:- 1250 satoshi Resistance:- 1761/2635/3263 Satoshi...
What Is the Frax Protocol (FRAX)? The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in...