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Fraxshare

#FXSUSDT: Will This Be the Breakout We've Been Waiting For?Yello, Paradisers! Will this be the breakout of #FXSUSDT that investors have been waiting for? Let's discuss the latest analysis of $FraxShare: 💎After 4-5 months of a slow and steady downtrend, #FXS is finally approaching a critical turning point. The price is now testing the upper boundary of a Descending Channel, thanks to a strong bounce from the major demand zone at $1.86. But the question is—can the bulls sustain the momentum and spark a true rally? 💎To ignite this breakout, #FraxShare needs to clear a key hurdle at $2.69. This level, which previously acted as strong support on two occasions, has now turned into a resistance that must be overcome. If we see a breakout above this zone, confirmed by increasing trading volume and the 20 EMA, it could signal that the bulls are ready to take control and push higher. If this happens, get ready for a potential surge toward the next major resistance level. 💎However, if momentum falters, we might see a pullback toward the crucial support zone around $1.86, potentially retesting the breakout level. Should the price fail to hold here, trouble could be brewing, with #FXSUSDT possibly sliding back down to test the $1.50 support level. 💎The real risk lies in a break below $1.50. If this support gives way, the bears will likely seize control, leading to a deeper correction and dashing any hopes for a short-term bullish recovery. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
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 likely to be stored on ETH stablecoins. tokenised treasuries, tokensied gold/silver, real estate etc. Where does that leave FRAX pick your retracement level .. they surely will hit New high's are possible but I have a feeling it would require ETH above 8,000
CRYPTO:FXSUSD
by BallaJi
FXS/USDT upward momentum from demand? 👀🚀FXS Analysis💎 Paradisers, keep a close eye on #FXSUSDT, which is currently signaling a potential bullish breakout from its support zone. 💎 #FraxShare is demonstrating a significant upward trend. There's a strong anticipation of a bullish movement from its current demand level. If #FXS can maintain its strength above the $8.288 mark, we could witness a promising push towards the formidable resistance at $12.044. 💎 If #FXS encounters hurdles in sustaining its position above the $8.288 demand level, a strategic shift might become necessary. In such a scenario, our attention would pivot towards a bullish momentum originating from a lower support level at $7.529. 💎 Keeping a watchful eye on this level is crucial, as a drop below it could necessitate a strategic shift, indicating potential challenges in upholding a bullish trajectory in the #FXS market. 🌴💰
by MyCryptoParadise_Simon
1
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.
Long
by DEXWireNews
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 (Resistance 1). Tips: 1. The MACD (1d) is about to form a Buy Cross near the 0 level. Indication that a potential uptrend can extend considerably higher. Please like, follow and comment!!
CRYPTO:FXSUSDLong
by TradingBrokersView
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. ---------------------------------
by readCrypto
FXS/USDT Planning for a Possible Rally | FXS Analysis 💎 Paradisers, brace yourselves! FXS/USDT seems poised for a bullish breakout, potentially tearing away from its downward trajectory to spark a notable ascent. 💎 Recently, this asset has been lingering near a crucial support threshold. With an uptick in trading volume, we're optimistic about a forthcoming bullish transition. 💎 After marking consistent highs, the price underwent a marked decline, signaling a shift in market sentiment and prolonging its bearish journey. 💎 However, bullish indicators are starting to resurface, and we project the price will soon approach the looming supply zone. 💎 A word of caution: If the price plunges beneath the support amidst market unpredictability, gear up for a potential bearish swing. 💎 Stay engaged for further insights!
Long
by MyCryptoParadise_Simon
FXSUSDT seeks breakout opportunity?!!👀 FXS Today Analysis💎At present, FXSUSDT is navigating a descending channel pattern, but there's anticipation of a breakout on the upside. 💎The price is trading within the Bollinger Bands, indicating consolidation, and it's positioned in a high demand area. 💎it's crucial to keep a close eye on the price action and look for confirmation of an upside breakout to consider potential buying opportunities. 💎 In the ever-evolving world of crypto, staying updated and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
Long
by MyCryptoParadise_Simon
✴️ Frax Share | Additional ConfirmationHere we have this date again... 6-March on the weekly timeframe. If we look at the daily timeframe most like we get 10/11-March. This date represents the end of the Cryptocurrency market correction, a higher low just as we expected would happen... And since we've been right, we continue with the same plan, the same method, the same strategy, the same system until something goes wrong. When we start to make mistakes, we adapt fast and change. My point is to say that higher lows lead to higher highs... While some charts are mixed, not fully clear, other charts reveal the full picture. Frax Share (FXSUSDT) Says Up Next! We can see the higher low long-term, 2021 vs 2022. Then we can we see the bullish breakout out of the (black) consolidation box/range. And then we have that famous higher low... Get ready for additional growth. Thank you for your continued support. One more article and I am done. Namaste.
Long
by AlanSantana
2
✳️ Frax Share | 100% Success Rate, Clear UptrendMany Altcoins have been doing good but corrections can be strong. Many Altcoins have been growing... Take a look at this one. We looked at Frax Share vs Bitcoin (FXSBTC) 2-January, the exact the same date when it took off, we see the same pattern, another wave, another opportunity, easy one. 111% Can be the easy target, a higher high in continuation of the bullish trend. Since we are set for massive gains, the next Fib. golden ratio level is also possible, at 375%. Since this is a BTC pair and Bitcoin is also set to grow, we aim and plan for the first target mainly, if the other one happens, we take it as good luck. Don't be greedy, be grateful for any and all wins, take your profits and move on. Endless opportunities will continue to develop. Day after day, week after week, month after month. Just as we saw years of bearish action, we will see years of bullish growth. Namaste.
FLong
by AlanSantana
1
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 the token will face is the 0.382 Fibonacci - 1W MA50 (red trend-line) zone. A pull-back here would do wonders for those late to the rally, with the 1D MA50 (blue trend-line) providing the long-term Support. In fact, it is about to form a Golden Cross with the 1D MA200, the first such (bullish) pattern since September 24 2021. A weekly closing above the 1W MA50 extends the rally to the immediate upper Fibonacci levels (0.5 at 13.450 and 0.618 at 18.000). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FLong
by TradingShot
Fraxshare Moves Ahead Of The Pack (55%+ Possible Short-Term)Fraxshare (FXSUSDT) has decided to go ahead. It is not waiting any longer, the low was set in June and now it is going bullish mid-term. Today we have a break above EMA50 on increasing volume with a very strong RSI. This signal only confirms after the daily candle closes above $5.134. On a daily close above this level, we can easily see an additional 50% or more of growth. You can find more info on the chart. Namaste.
Long
by AlanSantana
1
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, FXS sometimes prints clean divergences and sometimes multiple divergences, providing a higher tf confluence to work in parallel. (Eg a Higher tf overwatch boundary penetration or divergence) On other instruments, all it takes is a Overwatch Boundary penetration and a move is initiated. One can use price action and advanced MM techniques in order to manage a position into profit.
FTX:FXSUSDLong
by TraderE9