FXSUSDT trade ideas
FXSUSDT Analysis - 05.05.22Entry triggers: ending diagonal,
5 waves in
Entry: market price
TP: 27.10 ( around wave 4’s termination)
SL: 29.36
There is a possibility these are rising wedges, in which-case, waves are a-e instead of 1-5, otherwise this is a rare case of an ending diagonal, cause it’s often observed as a sub-wave to wave 5.
Trade with due diligence!
💡Don't miss the great buy opportunity in FXSUSD @fraxfinance
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.948).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 61
Take Profits:
TP1= @ 29.779
TP2= @ 33.672
TP3= @ 37.507
TP4= @ 41.758
TP5= @ 43.885
SL= Break below S2
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💡Don't miss the great buy opportunity in FXSUSD @fraxfinance
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.948).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 61
Take Profits:
TP1= @ 29.779
TP2= @ 33.672
TP3= @ 37.507
TP4= @ 41.758
TP5= @ 43.885
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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
💡Don't miss the great buy opportunity in FXSUSD @fraxfinance
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (19.436).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 83
Take Profits:
TP1= @ 21.507
TP2= @ 22.508
TP3= @ 23.956
TP4= @ 25.691
TP5= @ 27.515
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in FXSUSD @fraxfinance
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (19.436).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 84
Take Profits:
TP1= @ 21.507
TP2= @ 22.508
TP3= @ 23.956
TP4= @ 25.691
TP5= @ 27.515
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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.