FXSUSD Emerging 1D Golden Cross.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 18.
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Fraxshares
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 only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FXS/USD - Resistance approaches! Take care.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 necessary for this momentum to continue.
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