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...
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...
You may be tempted to FOMO into Frax Shares, but check out this resistance, 10% left to go and it will be hit.
The last time the price was there it was rejected and pushed to form another all-time low!
Best to be cautious here and not FOMO just because you see a green candle.
Wait for a breakout at least. Bias is mildly bullish, but a break of resistance is...
