#FXSUSDT: Will This Be the Breakout We've Been Waiting For?Yello, Paradisers! Will this be the breakout of #FXSUSDT that investors have been waiting for? Let's discuss the latest analysis of $FraxShare:
💎After 4-5 months of a slow and steady downtrend, #FXS is finally approaching a critical turning point. The price is now testing the upper boundary of a Descending Channel, thanks to a strong bounce from the major demand zone at $1.86. But the question is—can the bulls sustain the momentum and spark a true rally?
💎To ignite this breakout, #FraxShare needs to clear a key hurdle at $2.69. This level, which previously acted as strong support on two occasions, has now turned into a resistance that must be overcome. If we see a breakout above this zone, confirmed by increasing trading volume and the 20 EMA, it could signal that the bulls are ready to take control and push higher. If this happens, get ready for a potential surge toward the next major resistance level.
💎However, if momentum falters, we might see a pullback toward the crucial support zone around $1.86, potentially retesting the breakout level. Should the price fail to hold here, trouble could be brewing, with #FXSUSDT possibly sliding back down to test the $1.50 support level.
💎The real risk lies in a break below $1.50. If this support gives way, the bears will likely seize control, leading to a deeper correction and dashing any hopes for a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
FXSUSD
#FXS (SPOT) entry range( 1.600- 2.050) T.(6.440) SL(1.501)entry range ( 1.600- 2.050)
Target1 (2.870) - Target2 (3.440)- Target3 (5.190)- Target4 (6.440)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (1.501)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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🚀FXS: A Potential Skyrocket Waiting to Launch 🌕📈 FXS has been in an accumulation phase since June 2022, consolidating within a green rectangle range. With a tiny circulating supply of just 78,825,942 FXS, this crypto could be primed for a massive upside move.
💣 Once FXS breaks out from this accumulation range, it could potentially explode to new heights, with targets of $22-$24 in sight. However, the timing of this breakout remains uncertain, so patience is key. ⏳
🚀🚀 Red Lines and White trends are our targets.🚀🚀
✨ While the upside potential is enticing, it's crucial to do your own research (DYOR) and manage your risk accordingly. Dollar-cost averaging (DCA) into FXS could be a wise strategy for those willing to hold through the volatility.
🎰 Good luck to those who decide to take a chance on this potential crypto gem! May the odds be ever in your favor. 🍀
In summary, FXS presents an exciting opportunity for patient investors willing to weather the accumulation phase. With its tiny supply and potential for a massive breakout, FXS could be a rocket ship waiting for liftoff. 🚀 DYOR, DCA, and buckle up for a thrilling ride!
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
FXS is a rocketThe FXS structure is now clearer and we have more data on the chart.
It seems that we are in wave D of a big pattern. This is a bullish wave.
To be more precise, we are now at the end of wave b of D.
We should soon enter wave c of D, which is a good bullish wave.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
A bear attack on FXS will beginAccording to the wave count of the FXS chart, we have two scenarios that we must say right here that both scenarios involve drops.
The first scenario is to face a triangle and the second scenario is to face a symmetrical or diametrical one.
Whichever of these scenarios is going on, the red range is the range where we are looking for sell/short positions.
We marked the targets on the picture. We also specified the invalidation level, closing a daily candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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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FXSUSD Breakig over an 8 month Resistance.Frax Share has crossed over the 8 month Falling Resistance for the 2nd time in 2 weeks.
If a (1d) candle closes over it, it most likely is an indication of the start of a new uptrend.
Trading Plan:
1. Buy upon a (1d) candle close over the Falling Resistance.
Targets:
1. MA200 (1d).
2. 7.0000 (Resistance 1).
Tips:
1. The MACD (1d) is about to form a Buy Cross near the 0 level. Indication that a potential uptrend can extend considerably higher.
Please like, follow and comment!!
FXS will have a lot of volatilityIn the supply zone, our hypothetical diametric wave d can end and we can enter a bearish wave e.
I also specified the invalidation level, closing a 4H - candle above this level will invalidate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Support zone: 5.360-5.591 (select when to buy)Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(FXSUSDT 1D chart)
In the end, you can see that in order for a full-fledged upward trend to begin, it must rise above 17.289.
To do so, we must first check if there is any movement to rise above 11.749.
As it rises near the HA-Low indicator, it is located above the MS-Signal indicator, near 5.591.
Accordingly, we need to see if the price can be maintained near the current position until the MS-Signal indicator switches to a bullish sign.
Then, we need to see if we can gather the strength to rise above 6.905 and rise to 11.749.
If it falls below 5.360 and shows resistance, caution is needed as it may lead to a further decline.
(1h chart)
Since it is currently beyond the top of the box section of the 1D chart, it may be burdensome to buy.
Therefore, it is necessary to check the movement on the 1h chart to calculate when to buy.
Looking at the current 1h chart movement, it is in an upward trend.
Therefore, it is not easy to find the right time to buy because it is rising without time to form support and resistance points.
Therefore, it is best to wait until the price shows sideways action.
If you cannot wait, it is better to wait until at least one wave comes out.
For example, since the HA-High indicator is formed at the current location, the movement during wave 1 is checked based on this point.
This is because there is a possibility that a movement will occur at the same time, whether it is rising or falling.
Otherwise, if you buy right away, you will have to go through all the calm waves, so you may get tired before a full-fledged movement occurs and sell when it starts to show signs of rising.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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FXS LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FXSUSD ❕ bearish divergencePrice and RSI movement and changes in trading volumes indicate a bearish divergence formation (4H TF)
The chart is testing 200EMA as resistance on the 4H Timeframe.
The RSI indicator indicates a weakening of the buyers on the 1H TF.
I believe the token could start a correction if it holds below the resistance level.
FXSUSDTFXS 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 support multiple times and caused price increases. This range can be a good opportunity for short-term entry and buying, and it has the potential to change the overall trend.
However, overall, I am not optimistic about the market these days, and I expect further decline for the market, especially for altcoins.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
FXS CAN FALLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FXS/USDTSPOT 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 any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
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