FXS/USD - Resistance approaches! Take care.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 necessary for this momentum to continue.
Like and follow if you liked my idea!
Fxsusdt
FXSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
You see that the price could rise up after it touched the support line. It is expected that the price will have a reform and then moves to the resistance lines again.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Frax Share Challenges Resistance | 160% To A New HighWill the Altcoins detach from Bitcoin?
Or will they grow together?
We are seeing many Altcoins printing strong bullish charts... They are moving up.
This can be taken as a bullish signal for the entire market, as the Altcoins grow, everything grows.
Be aware though, there will be another flash shakeout soon in between the multiple price jumps.
...
Now, let's get to Frax Share vs Tether (FXSUSDT) daily chart.
The chart here is young so we don't have much data.
We are seeing a break above resistance supported by high volume and bullish indicators.
We have a ~80% potential target to the previous high.
160%+ to a new high.
It is looking good.
Thank you for reading.
Namaste.
FXS /egld if the 40/50 dollar zone is crossed quickly, it completes the unstoppable goal, let's see what time will show.
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.
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
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