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...
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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...
Hi 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 only. It is advised to diversify and strictly follow the stop...
4th Example of the rules needed for those 2x ALT coin bounces.
Fullcrum Bottom Darvas Box
All other rules apply first before this breaks out.
Beautiful accumulation plus catalysts news coming.
Buy above 4h 200 EMA
(With Smaller Bullish patterns)
Confirmed Breakout
(Look at RSI , Trendlines , Volume )
Look for catalyst News
(Anything that rehypes the...
FXSUSDT Technical analysis update
FXS Fromed triangle pattern in the daily chart, we can expect a good up move once the price breakout.
Buy zone: Below $6.70
Stop loss: $5.30
Take Profit 1: $7.64
Take Profit 2: $9.25
Take Profit 3: $10.65
Spot trade.
Always keep stop loss
Thanks
Hexa
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.
💎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...
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...
ANALYSIS 🔎
- FXSBUSD brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The...
pump coming for this coin . TC is good and FM is good . big pump coming for moon . its dip now and people cant see what is future . they buy it when it is on the moon . and we will sell it when it is on the moon :)))
