FraxShare: A medium-term position is seen FXSUSDT Trading Signal For
Trading Setup:
There is a Trading Signal to Buy in FXSUSDT FraxShare 4h (Futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 2.411
⭕️SL @ 2.049
🔵TP1 @ 3.349
🔵TP2 @ 4.000
🔵TP3 @ 5.245
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Fraxprotocol
FRAX Share sitting on bear basement .886 retracement zoneIn 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, tokensied gold/silver, real estate etc.
Where does that leave FRAX pick your retracement level .. they surely will hit
New high's are possible but I have a feeling it would require ETH above 8,000
FRAX SHARE LONG #2Looking for re-entries... Retested previous highs, same criteria as when we entered before - check previous idea...
FRAX SHARE - ONE OF MY TOP 10Have 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.
$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= 0.00012369
Buy Entry= 0.00012395 - 0.00011715
Take Profit= 0.00014456 | 0.00015810 | 0.00018294
Stop Loss= 0.00010275
Risk/Reward= 1:1.35 | 1:2.11 | 1:3.51
Expected Profit= +19.92% | +31.15% | +51.75%
Possible Loss= -14.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks