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 lik
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
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
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 (Resi
✴️ 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
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 th
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,
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