$FXS Setup Heating Up CRYPTOCAP:FXS Setup Heating Up 🔥
CRYPTO:FXSUSD is holding strong above the breakout zone near $3 after a clean retest.
As long as it stays above this support, the setup looks bullish with a potential 100% move toward $6.20.
Momentum is building, one to keep an eye on!
DYRO, NFA
Fxsmartbot
#FXS/USDT#FXS
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 3.70.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 3.75
First target: 3.96
Second target: 4.13
Third target: 4.37
#FXS/USDT#FXS
The price is moving in an ascending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.80
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.11
First target 2.50
Second target 2.82
Third target 3.21