This chart is not in a good position. It is possible to drop more
The truth is that Frax Share has already been growing vs Bitcoin (FXSBTC) but it's been only a few days... Technical analysis? We have two main signals to look at and then the rest: 1) Notice the ultra long lower wick on the 9-Nov session. This candle works as a very strong reversal signal. It is supported by high volume. 2) Yesterday EMA50 is conquered as...
◳◱ We have successfully identified two favorable trading patterns, namely the Super Trend and the Resistance Breakout, on the CRYPTOCAP:FXS / CRYPTOCAP:BTC chart. Both of these indicators are signaling a bullish trend, with the Super Trend indicating a sustained uptrend and the Resistance Breakout confirming this sentiment by surpassing a key resistance level....
Subtle signals because this is a long-term chart yet revealing... Let's look at Frax Share vs Bitcoin (FXSBTC). WARNING: Trading Altcoins vs Bitcoin (ALTSBTC) is for experts, high profitability ahead. Be aware! Let's start by looking at the candles and volume. ✔️ FXSBTC produced four sessions flat, that is from early June through early July. ✔️ This week the...
Many Altcoins have been doing good but corrections can be strong. Many Altcoins have been growing... Take a look at this one. We looked at Frax Share vs Bitcoin (FXSBTC) 2-January, the exact the same date when it took off, we see the same pattern, another wave, another opportunity, easy one. 111% Can be the easy target, a higher high in continuation of the...
Look how beautiful the FXSBTC (Frax Share) chart looks... We have a very clear and strong bullish pattern. We have a higher low this January 2023 compared to September 2022, just yesterday the bullish action got started. We can see easily additional growth. First 18% followed by 50%+. More information on the chart. The blue space is the support/stop-loss. Namaste.
Hi 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...
FXS looks good and I think we can trust it and publicly we see a positive movement in the coming days
What Is the Frax Protocol (FRAX)? The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in...
FXSBTC (Frax Share) has a beautiful chart showing an ascending channel and some higher lows... We have a strong spike on the RSI. After hitting a higher low it is ready to grow. We have hidden bullish divergence with the MACD compared to the August low. Going back to the main chart, yesterday we had a candle challenge EMA50 and today we are looking to close...
Frax Share broke out bullish locally and looks ready for another leg-up that pull-back. FXS is not only a DeFi token but also a member of the Avalanche Ecosystem! It works as a governance for the Frax Protocol, which is the first fractional-algorithmic stablecoin system (FRAX). Current Price= 0.00012369 Buy Entry= 0.00012395 - 0.00011715 Take Profit= 0.00014456 |...
FXSBTC on H8 had formed a triangle. After the breakout and pump it will go down for the Pullback. It ix expected to continue the Bullish move after the Pullback. ⬆️Buy now or Buy at 0.0001040 ⭕️SL @ 0.0000680 ✅TP1 @ 0.0001490 ✅TP2 @ 0.0001600 ✅TP3 @ 0.0001800 ✅TP4 @ 0.029000 ✅TP5 @ 0.030000 ✅TP6 @ 0.033000 ✅TP7 @ 0.0003900 Check the Links in Description and...
"What Is the Frax Protocol (FRAX)? The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in...
Here you have another update for FXSBTC (Frax Share), this one moved straight up. After breaking above EMA50, resistance was found at EMA100 (0.00000958), the blue line on the chart. We can see FXSBTC being really strong as this resistance is about to be challenged again... As soon as this level is conquered, prices breaking and closing above it, we can expect...
Frax Share (FXSBTC) hit a new All-Time Low recently and is now starting to change course. Just four days ago we had a 'volume breakout' and we are seeing prices grow above EMA10/EMA21 with bullish indicators. MACD above zero and the RSI above 50. This is a strong chart setup and additional grow is possible. On a trading perspective; we are strongly bullish...
FXSBTC - Long - Potential 9.89% Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 0.0000689 - 0.0000716 Take-Profit Targets: 1) 0.0000741 2) 0.0000788 Stop Targets: 1) 0.0000657 Trailing Configuration: Entry: Percentage (0.0%) Entry Triggers: Bullflag Breakout, Market Sentiment, Bullish Future Pivot