FXS LONGHav ebeen awaiting oppertunities to re-enter FXS, as can see the Trendmaster bouncing price higher, currently at that same level, counter trendline retested, and previous high retested. Hoping this level holds.
Frax Share (FXS) formed bullish Shark for upto 42.50% pumpHi dear friends, hope you are well and welcome to the new update on Frax Share (FXS) token
Prviously we caught more than 140% pump of FXS token as below:
On a daily time frame, FTX has formed a bullish Shark move for anaother bullish reversal move.
Note: Above idea is for educational purpose
✳️ Frax Share vs Bitcoin Bullish Pattern (50%+ Jump Revealed!) Look how beautiful the FXSBTC (Frax Share) chart looks... We have a very clear and strong bullish pattern.
We have a higher low this January 2023 compared to September 2022, just yesterday the bullish action got started.
We can see easily additional growth.
First 18% followed by 50%+.
More inform
FXSBTCFXS looks good and I think we can trust it and publicly we see a positive movement in the coming days
FXSBTC: breaking resistanceWhat 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
FXS/BTC This is just an example of technical analysisIf helps you, please like and share.
#FXSBTC #trend_hunter
Frax Share (FXS) Chart Signals And PatternsFXSBTC (Frax Share) has a beautiful chart showing an ascending channel and some higher lows...
We have a strong spike on the RSI.
After hitting a higher low it is ready to grow.
We have hidden bullish divergence with the MACD compared to the August low.
Going back to the main chart, yesterday
$FXS/BTC 4h (Binance Spot) Bull-pennant breakoutFrax 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= 0.000
FXSBTC Technical Analysis
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
✅TP
FXS/BTCFXS/BTC has gaining speed , and bullish momentum . Supported by a rising Uptrend, Bullish Divergence and price pattern.
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