FXSUSDConsidering it has reached a strong support level and swept previous lows, it offers a good R/R ratio. From a technical perspective, it's in a favorable position. On the 4H timeframe, a pullback is expected, providing a better entry opportunity at a discount.by rasooldavarpanah570
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 by BallaJi2
FXS Long ideaHope to see this one fly. Remained almost green at today's lil' dump at important resistance level, which is a really good sign imo. Hopefully this week closes above the wicks of the last weeksFLongby AromurUpdated 2
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot1110
Frax Share (FXS)The Frax Protocol is the first fractional-algorithmic stablecoin system. Its FXS governance token analysis is straightforward: an impulse wave followed by corrective wave which seems ended at 0.618 Fibonacci retracement. Then price consolidated in a box for a long time and finally breaks upward. Let's see if FXS can breaks the major downtrend line.FLongby SaeedSalehiniaUpdated 2
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!!Longby TradingBrokersView2
✴️ Frax Share | Doubt Can Cost You Money!When trading, doubt can cost you money. Why does doubt can affect you? Why can doubt creep in? The only way for doubt to affect you and create fear that leads to negative action, is if you are ill-prepared. Without the right preparation, doubt can creep in and bears will tell you it is the end of the world when in reality nothing has changed. Here is how you defeat doubt when trading, prepare beforehand, that is what I always say. ✔️ If your stop-loss is below $5, looking at Frax Share (FXSUSD) as an example, it doesn't matter what the candles do above this level... Everything that happens can be considered short-term noise. ✔️ If the conditions for your stop-loss becomes active, nothing really, we are grown up, we take the loss and move on. On the other hand, the market is looking great, that's why we continue aiming higher, waiting patiently because nothing changed. Build a plan before trading. Take your time to study and do your research, opportunities are endless in this game. If one door closes, one hundred million new doors open up. If you miss one opportunity, tomorrow you will be blessed with a hundred more. Stay positive, we are due a bullish wave... It goes up and down, up and down... It went down from February through July, it is time for the market to go up. Regardless of the FUD by the SEC and FED. This is Cryptocurrency, it is an international asset, it is worldwide... The world is bigger now. The world is you and me. The world is all of us. Let's trade. See you on the winning side. Thanks a lot for your support. Namaste.Longby MasterAnandaUpdated 7
FXSUSD out of the 6 month accumulation zone, start of Bull CycleFRAX SHARE (FXSUSD) broke four days ago above the Accumulation Zone that has been in effect for 6 months (since May 25 2022). That was the range where investors bought the token in preparation for the next Bull Cycle. This has just started with that break-out and the first Resistance cluster that the token will face is the 0.382 Fibonacci - 1W MA50 (red trend-line) zone. A pull-back here would do wonders for those late to the rally, with the 1D MA50 (blue trend-line) providing the long-term Support. In fact, it is about to form a Golden Cross with the 1D MA200, the first such (bullish) pattern since September 24 2021. A weekly closing above the 1W MA50 extends the rally to the immediate upper Fibonacci levels (0.5 at 13.450 and 0.618 at 18.000). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇FLongby TradingShot9
FXS might be about to break out of a very long consolidationFXS might be about to break out of a very long consolidation at the bottom with targets around $6.09 and then near $23.34 I do not know what #FXS does or what actually this is. It just looks awesome chartwise.. maybe NFALongby Joy_BanglaUpdated 112
Mangling FraxshareOverwatch and TrendmasterS keeping the results coming, Mangling Fraxshare here. Overwatch Divergences giving a prior indication for the next moves. The instruments all perform differently on the overwatch, Knowing how each instruments performs on the overwatch is critical to understand. For example, FXS sometimes prints clean divergences and sometimes multiple divergences, providing a higher tf confluence to work in parallel. (Eg a Higher tf overwatch boundary penetration or divergence) On other instruments, all it takes is a Overwatch Boundary penetration and a move is initiated. One can use price action and advanced MM techniques in order to manage a position into profit. Longby TraderE90
FXS 4h shortSetup: FXS has been consistently making all time low. It has consolidated before breaking down again, giving us a good entry. Entry: 8.2175 Exit: Trail using the SAR, which is coincidentally above the 20 EMA which FXS has not broken for quite a long time. Shortby Serene_Crypto220
FXS USD short ????had a quick look at fxs usd might be a short set up here for a 20% move ....FShortby LeeGrayUpdated 2
FRAX SHARE LONG #2Looking for re-entries... Retested previous highs, same criteria as when we entered before - check previous idea... FLongby TraderE9Updated 1
FXS /egld if the 40/50 dollar zone is crossed quickly, it completes the unstoppable goal, let's see what time will show.FLongby EMOZY0
#FRAX, a Perfect "Case Study" #FRAX, un parfait cas d'école ! So far, the FRAX SHARE Trading Strategy has been applied perfectly. Detection of the "Cup with Handle" pattern, Buy Entry on the Breakout with Re-Test of the Handle, and then followed by an Uptrend Rally to reach the Minimum Target Prices, for both pairs #USD and #BTC. Here is in a few words the difference between the 2 values: 👉 Frax #FRAX is a decentralized, fractional-reserve #Stablecoin launched on the Ethereum network and pegged to the dollar. 1 #FRAX will always equal 1 #USD. 👉 Frax Share #FXS is the non-stable governance #Token of #FRAX. it evolves like a crypto and can be traded on exchanges. FLongby alainbkkUpdated 446
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.FLongby TraderE9Updated 3