📈 FXS has been in an accumulation phase since June 2022, consolidating within a green rectangle range. With a tiny circulating supply of just 78,825,942 FXS, this crypto could be primed for a massive upside move. 💣 Once FXS breaks out from this accumulation range, it could potentially explode to new heights, with targets of $22-$24 in sight. However, the timing...
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,...
FXS ~ 1W 📈 #FXS This is an accumulation area, make purchases gradually from here with a minimum target of 20%++
The FXS structure is now clearer and we have more data on the chart. It seems that we are in wave D of a big pattern. This is a bullish wave. To be more precise, we are now at the end of wave b of D. We should soon enter wave c of D, which is a good bullish wave. Closing a daily candle below the invalidation level will violate the analysis. For risk management,...
According to the wave count of the FXS chart, we have two scenarios that we must say right here that both scenarios involve drops. The first scenario is to face a triangle and the second scenario is to face a symmetrical or diametrical one. Whichever of these scenarios is going on, the red range is the range where we are looking for sell/short positions. We...
Frax Share (FXSUSD) is about to form a 1D Golden Cross, the 2nd such pattern within the 11-month Triangle. The first rose to a 2.0 Fibonacci extension High on February 09. A 2.0 Fibonacci rise on the current sequence from its last High would take the cryptocurrency to 10.000, on a potential contact with the 1D MA100 (green trend-line), the first since April...
Frax Share has crossed over the 8 month Falling Resistance for the 2nd time in 2 weeks. If a (1d) candle closes over it, it most likely is an indication of the start of a new uptrend. Trading Plan: 1. Buy upon a (1d) candle close over the Falling Resistance. Targets: 1. MA200 (1d). 2. 7.0000 (Resistance 1). Tips: 1. The MACD (1d) is about to form a Buy Cross...
In the supply zone, our hypothetical diametric wave d can end and we can enter a bearish wave e. I also specified the invalidation level, closing a 4H - candle above this level will invalidate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (FXSUSDT 1D chart) In the end, you can see that in order for a full-fledged upward trend to begin, it must rise above 17.289. To do so, we must first check if there is any movement to rise...
RSI is near neutral values (4H, 1H and 30m TFs) The price has fixed above the 50EMA on the 30m Timeframe. I believe that the asset will rebound after fixing above the support.
Hi Everyone; today we have a good reward Investment opportunity it is more than 27 times the risk and the chart is look very promising.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FXS symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Price and RSI movement and changes in trading volumes indicate a bearish divergence formation (4H TF) The chart is testing 200EMA as resistance on the 4H Timeframe. The RSI indicator indicates a weakening of the buyers on the 1H TF. I believe the token could start a correction if it holds below the resistance level.
FXS entered a descending channel on February 8th, which was confirmed by several upward and downward touches within this channel. However, recently the price broke below the trendline and we are witnessing a consolidation below the trendline, indicating a more bearish market trend. Within the range of $4 to $4.30, we have a strong support line that has acted as...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FXS symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
SPOT BUY PLAY: FXS/USDT BROKE the consolidation range & CONSOLIDATING ABOVE IT after retesting it. Looking to accumulate some. Buy Zones are always mentioned on the charts itself with potential TAKE-PROFIT zones. STOP-LOSS = 25% below the average buying price TAKE-PROFIT zones are mentioned in the chart itself. DYOR. Always DO YOUR OWN RESEARCH before taking...