FXSUSDT trade ideas
FXS longFXS is bouncing off the support level which is also matching with the Fibonacci 0.618 retracement level. Bullish trend is expected to continue up to 8.95.
FXS is going to break DARVAS BOXWhales have accumulated a lot. It is time for break out. Just take 50, 100% and you will be fine
#FXS/USDT is trying to break the Diagonal Trendline in 4-Hour TF#FXS/USDT is trying to break the Diagonal Trendline in 4-Hour TF!
CRYPTOCAP:FXS needs to clear the Trendline to gain the bullish momentum. Wait for PDH $7.32 breakout to open a long position.
#FXS local support level is PDL $7.
Hard to breakout for this time | Short BiasOn 4h TF
I think FXS hardly to breakout the resistance for this time
Liquidity can happen, that's potential short with high risk
Wait for next move
🔥FXS Is Inside a Massive Channel: Pump in 2023❓Frax is squeezing below the trendline and should break it in 1-2 weeks. Additionally, the mod of the triangle becomes a support for this altcoins.
💥the pump will be huge because its fresh altcoins with a huge growth potential.
It hasn't pump before, so it gives us additional confidence that this altcoin will show its potential during the bull market.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
FXS longCRYPTOCAP:FXS broke through the resistance level. Mullish movement to $10.4 is expected to happen.
✴️ Frax Share | On A Path Higher, Confirmed (500-426% Potential)Yesterday Frax Share (FXSUSDT) hit a new high as it broke above EMA300. Its highest level since May 2023.
Today Frax Share is growing above EMA300, full green with rising volume and a strong RSI. This is what we can gather by looking briefly at the chart but there is more, additional strong bullish signals.
Frax Share produced a triple bottom pattern last year, October, November and December 2022 were marked by v shaped bottoms. This year we have a long-term bottom formation as a strong higher low, the bottom sequence started to develop in June and was confirmed in October 2023, that's 5 months to produce a bottom.
This long-term formation is set in stone once confirmed.
This bottom low is confirmed as prices moved above MA200 and EMA200 a while back..
Once the correction is over, a new bullish wave can develop.
👉 The correction being a higher low leads to a higher high and this opens the doors for 45 and 39, that is 504% and 426% short-term.
The potential is great. My intuition tells me that this pair will be really strong in its bullish wave.
Namaste.
FXSUSDT.4HBased on the provided market data, the FXS/USDT pair is currently trading at $6.94. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day charts are 63.74, 70.18, and 53.79 respectively. This suggests that the pair is slightly overbought on the 4-hour and 1-day charts, indicating a potential price correction or consolidation in the near term.
The Moving Average Convergence Divergence (MACD) for the 4-hour and 1-day charts are positive, suggesting bullish momentum in these timeframes. However, the MACD for the 7-day chart is negative, indicating bearish momentum in the longer term.
The Bollinger Bands (BB) on the 4-hour and 1-day charts are slightly above the current price, suggesting that the pair is trading in a reasonable range in these timeframes. The BB on the 7-day chart is above the current price, which could indicate that the pair is undervalued in the longer term.
The provided support and resistance levels suggest that the pair has room to move in both directions. The closest support level on the 4-hour chart is $6.654, while the closest resistance level is $7.22. On the 1-day chart, the closest support level is $6.117 and the closest resistance level is $7.587. On the 7-day chart, the closest support level is $6.18 and the closest resistance level is $7.072.
In conclusion, the FXS/USDT pair appears to be slightly overbought in the short term but has bullish momentum. There may be potential for a price correction or consolidation in the near term. In the longer term, the pair appears to be undervalued and has bearish momentum. Traders should watch the support and resistance levels closely and consider the RSI and MACD indicators when making trading decisions.
This is just an analysis based on the provided data. It's always recommended to do your own research before making any investment decisions.
FXSUSDTUptrend trend.ine is break and now we are in bullish consolidation then until break demand zone we just have trading in range zone like trading range low .we are not bearish until losses deamd area
Frax Share (FXS) Explosive GrowthFrax Share (FXS)
FXS hasn't mirrored BTC’s explosive growth just yet. However, the Frax Share chart is currently on an upward trend, and the asset is experiencing steady growth, marked by occasional corrections and pullbacks.
Today, FXS reached a new local high at $6.43. The asset’s main objective is to maintain its upward momentum. The upcoming resistance levels for buyers are positioned at $6.65 and the psychological threshold of $7. If BTC continues to trade within a narrow range, FXS could potentially break through these levels in the foreseeable future.
A correction in line with the primary trend is also a possibility. Buyer orders are stacked within the support zone of $5.65-$5.84, as well as at the $5.46 and $5.21 levels. These zones could be appealing entry points for buyers.
$FXS Performing Falling wedge CRYPTOCAP:FXS Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
FXSUSDTFXSUSDT is in bullish trend.
Potentially printing HH and HL.
No sign of trend reversal here.
We apply fib here and buy at HL.
fxsThe first resistance zone that he can see is two red lines and in case of failure, he can see the higher box
FXS will have a lot of volatilityIn the supply zone, our hypothetical diametric wave d can end and we can enter a bearish wave e.
I also specified the invalidation level, closing a 4H - candle above this level will invalidate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FXS/USDT Break Descending Channel, Bullish Momentum ?? 💎 FXS has undeniably caught our attention. It has successfully broken out of the descending channel pattern, signaling a bullish trajectory for its future movements. Before advancing further, FXS is likely to undergo a retesting phase, seeking robust buying support to fuel its upward journey.
💎 Historically, FXS has frequently interacted with a significant demand zone, consistently bouncing back from it.
💎 Today's breakout from the pattern further underscores its momentum. However, should FXS experience a false breakout and fail to maintain its position above the key demand zone, there's a risk of it embarking on a downward spiral, potentially reaching the critical support region.
long FXSCRYPTOCAP:FXS broke through the descending trendline. Bullish movement to $6.14 is expected to happen.
long FXSCRYPTOCAP:FXS bounced off the support level and the ascending trendline. Bullish movement to resistance level at $5.97 is expected to happen.
FXS Plan for 30/SEP/2023 - 6/OCt/2023Crucial zone: 5.893 -> 5.942
Nearest Support: 5.685 (strong support) -> 5.745
Momentum: D (increasing), h4 (Decreasing), h2 (Decreasing)
As for now FXSUSDT will need to retest 3.81x zone as it is losing the momentum, we will need wait it to retest the channel. It is high chance of this symbol will moving to retest the nearest strong support zone at: 5.68x zone. Suggesting to overwatch the price reaction at 5.570 zone, Estimating it will take about atleast a Week to moving to that zone, Please aware that the volitality of BTC on this time range, it can be cause the price to tap to that zone and make a candle with long shadow.
fxs on verge of massive breakout moving in tight range expecting massive breakout soon
formed symmetrical triangle in daily tf and currently testing it incase of successful breakout expecting solid recovery in coming days
expecting move towards 14 to 15$ incase of successful breakout
Support zone: 5.360-5.591 (select when to buy)Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(FXSUSDT 1D chart)
In the end, you can see that in order for a full-fledged upward trend to begin, it must rise above 17.289.
To do so, we must first check if there is any movement to rise above 11.749.
As it rises near the HA-Low indicator, it is located above the MS-Signal indicator, near 5.591.
Accordingly, we need to see if the price can be maintained near the current position until the MS-Signal indicator switches to a bullish sign.
Then, we need to see if we can gather the strength to rise above 6.905 and rise to 11.749.
If it falls below 5.360 and shows resistance, caution is needed as it may lead to a further decline.
(1h chart)
Since it is currently beyond the top of the box section of the 1D chart, it may be burdensome to buy.
Therefore, it is necessary to check the movement on the 1h chart to calculate when to buy.
Looking at the current 1h chart movement, it is in an upward trend.
Therefore, it is not easy to find the right time to buy because it is rising without time to form support and resistance points.
Therefore, it is best to wait until the price shows sideways action.
If you cannot wait, it is better to wait until at least one wave comes out.
For example, since the HA-High indicator is formed at the current location, the movement during wave 1 is checked based on this point.
This is because there is a possibility that a movement will occur at the same time, whether it is rising or falling.
Otherwise, if you buy right away, you will have to go through all the calm waves, so you may get tired before a full-fledged movement occurs and sell when it starts to show signs of rising.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
FXSUSDTBINANCE:FXSUSDT Plan
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
