FRAX SHARE (FXS) BUY ZONESFXS 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.
Fxsusdt
FXS/BUSD ($8 Key Resistance Area)💎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 your favor
-It is better to wait for any consolidation or pullback
-Also, BTC is retesting its previous resistance area at 48k
-Pullback is not yet over for Bitcoin so be cautious everyone
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
