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FXSUSDT trade ideas

FXS/USDT Planning for a Possible Rally | FXS Analysis 💎 Paradisers, brace yourselves! FXS/USDT seems poised for a bullish breakout, potentially tearing away from its downward trajectory to spark a notable ascent. 💎 Recently, this asset has been lingering near a crucial support threshold. With an uptick in trading volume, we're optimistic about a forthcoming bullish transition. 💎 After marking consistent highs, the price underwent a marked decline, signaling a shift in market sentiment and prolonging its bearish journey. 💎 However, bullish indicators are starting to resurface, and we project the price will soon approach the looming supply zone. 💎 A word of caution: If the price plunges beneath the support amidst market unpredictability, gear up for a potential bearish swing. 💎 Stay engaged for further insights!
Long
by MyCryptoParadise_Simon
#FXS/USDT - Long - Potential 11.88%Direction: Long Market: Spot Risk: 0.25% - 1% #USDT_FXS Exchange: BINANCE Timeframe: 360 TP1: 7.605 Entry: 6.800 STOP: 6.226 Entry Conditions: | Golden Cross (EMA20 crossing above EMA50) *Daily EMA's used on 6hr chart | Overhead trendline break w/ volume | Top of trendline tested, retrace looks to have been completed | Bullish volume We have the 200EMA overhead giving potential resistance and we're close to overbought so don't put your house on this but I think with BTC.D waning without a BTC price correction could give us a bump in the ALTS. I like the crossing EMA's here so I'm doing a minimum 0.25% buy and I'll chase this up with the SL. TP might be optimistic but theres probably some profit to be made here!
Long
by CryptoNicho
FXSUSDT → Out of Range. It's up to the bulls BINANCE:FXSUSDT is squeezed within the consolidation boundaries of 7.174 - 3.910, but at the same time inside the range there is a prerequisite for a possible trend change and price strengthening A bullish pattern in the format of a "bearish wedge" is forming on the chart. The price is breaking resistance on the background of weak bitcoin. Investors are looking for potential in altcoins during a correction in the cryptocurrency market. Consolidation above 5.866 could form a bullish upside to 7.175, which would form a retest. In this case, the market will get the potential to break the resistance of the 7.175 range and further growth. There is no pronounced trend, the price is forming a sideways range based on the bottom of 3.910. The market may slowly but try to reverse. Support levels: 5.866, 3.910 Resistance levels: 7.175 I expect the formation of bullish support with the last retest of 7.175 aimed at the breakout of the range and further growth. Regards R. Linda!
Long
by RLinda
10
$FXS chart say it all BEAWARE !!I deeply analyzed weekly chart of $FXS. Right now weekly making lower high, lower low as per the market structure In other hand CRYPTOCAP:FXS in falling wedge and waiting to breakout, as soon as it breakout people will start longing it and their stop loss will be at last swing low. As you can see there is already liquidity resting below the last swing low, I am expecting after breakout (50% rally) it will come down and sweep all the liquidity below. you can also assume it as retest of falling wedge. now you perfect spot trading setup 1) BUY NOW (in the gray zone) 2) SELL after breakout (40-50% rally as you can see in chart) 3) BUY on retest (after sweeping all liquidity below, don't fomo) FOLLOW ME ON TWITTER FOR UPDATED ON OTHER COINS.
Long
by smaug_sol