FXSUSDT trade ideas
FXS : INCREASE VIEWFXS showing depending on low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor FXS to see if it shows any upward movement on the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
FXSUSDT | BUY ON BREAKFXSUSDT has been trading with in the range since 2 weeks.
The price has made multiple time to break on either side but get rejected.
Once the price breaks above the range bulls will get complete control While if price breaks below the bears will get complete control.
Trade your levels accordingly
FXSUSDT 1H
Still investigating the fairness of its price range, FXS has strongly broken down to MM200 and is currently stressing the lower edge of the Keltner channel. It needs a bullish impulse to reverse this bearish trend on the hourly chart.
Frax Share (FXS) is FRAX's ERC-20 based governance token, which grants holders control rights to add/edit margin pools, set print/redemption rates, and change the margin rate rollover price.
FXSUSDT 1H
Here are the supports and resistances in the 1H:
Key support levels: 9,983 / 9,594
Key Resistance Levels: 10,451 / 10,693
✅MM200: At the height of 10,703 , just on the upper edge of the Keltner Channel
FXS Buy NOW TP 5% The price of Frax Share (FXS) is $10.58 today with a 24-hour trading volume of $46,629,349. This represents a -3.1334799247853513% price decline in the last 24 hours and a 3.941544136765271% price increase in the past 7 days. With a circulating supply of 73 Million FXS, Frax Share is valued at a market cap of $775,225,002.
SHORT FTRThis scenario is likely going to play out on FTRUSDT
FTR is showing a week buying strength, after a double rejection candle stick on 15minutes TF.
Also Backing up this call with the after effect of FOMC pump that follows with a dump.
If you're looking for a shorting opportunity, consider taking entry from the top of the first two white horizontal lines, above it, consider a tight SL.