long FXSCRYPTOCAP:FXS bounced off the support level and an ascending trendline. Bullish movement to resistance level at $6.89 is expected to happen.
Fxsusdt
#FXSUSDT Remains Stable Amid Market Turmoil 🌀💎#FXSUSDT has showcased remarkable stability compared to most altcoins, many of which have experienced significant drops. This resilience demonstrates the strength of #FXS and the persistent buying pressure that remains robust. From a technical standpoint, the price recently experienced a notable rejection from the demand zone, which was further validated by the Volume Profile support.
💎Following this rejection, a break above the trendline occurred, yet the price encountered resistance at a minor supply area. However, during the current pullback, the 78.6% Fibonacci support at $5.84 held firmly, enhancing the likelihood of a short-term uptrend.
💎Overall, as long as the price remains above the Volume Profile support, the MCP team anticipates a rise towards the 78.6% Fibonacci resistance at $6.68. This presents a potential rapid price increase of 15%.
Stay attentive, Paradisers, as #FXSUSDT may be primed for a bullish surge amid the ongoing market turbulence! 🌴
FXSUSDTFXSUSDT is forming reparative bullish pattern. Forming consolidation and breaking with bullish impulse . And the pair is also getting support from 50EMA and inclining trendline.
FXS LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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!
FXSUSDTFXS entered a descending channel on February 8th, which was confirmed by several upward and downward touches within this channel. However, recently the price broke below the trendline and we are witnessing a consolidation below the trendline, indicating a more bearish market trend.
Within the range of $4 to $4.30, we have a strong support line that has acted as support multiple times and caused price increases. This range can be a good opportunity for short-term entry and buying, and it has the potential to change the overall trend.
However, overall, I am not optimistic about the market these days, and I expect further decline for the market, especially for altcoins.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
FXSUSDT → Breakthrough resistance opens up new targets BINANCE:FXSUSDT is showing great momentum after a false break of support at 4.841 (touching wedge support). The coin strengthens by 27% and breaks consolidation resistance.
The bulls are trying to take control of the situation. A retest of strong resistance 5.866 is forming and is currently sandwiched in a local range between the previously broken wedge boundary and between resistance 5.866.
Against the backdrop of strengthening BINANCE:BTCUSD , BINANCE:FXSUSDT price is also growing and currently stands at 5.750. SMA50 was also broken earlier.
The main goal for the buyers is to consolidate above the wedge or above the level of 5.866 after its breakout. After that, we are likely to see a strengthening towards 6.960 and even to 8.800.
Support levels: the previously broken wedge boundary, MA-50, 4.841
Resistance levels: 5.866, 6.959
I expect that the bulls will be able to hold their positions. If it succeeds, the coin will start to rise to 6.959
Regards R.Linda!
Fxs Getting ready For 75 to 80% Recovery Finally getting Ready to Continue Its bullish moves Formed Falling Wedge Incase Of Breakout Expecting 75 to 80% bullish wave
FXSUSDT
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
FXSUSDTWe have a reliable trend line that has been tested several times by the price. Also, there is a historical support at this point that can cause the price to rise. In my opinion, it can be a good place to buy.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
FXS CAN FALLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Fxsusdt | Matter of time Fxsusdt
Testing big support area I am expecting buters activity here We have to wait for confirmation if we see momentum candles on this supports fxs will fly
Dyor risk under your control
Fxs testing trendline resistance Fxsusdt
Trying to break trendline resistance incase of succesful breakout expecting 20-35% Bullish move
Dyor
FXSUSDT ON 4HWe are going to activate harmonic shark pattern,
There is also an order Block It will help to implement the pattern
✴️ 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.
Fxs Looks Promising Seems Like getting ready To Continue Moves To The upside
Forming descending Channel Incase Of breakout expecting another 70 to 80% bullish move Keep Eyes On for breakout
FXS LONGSetup for long #FXSUSDT
Seems like the coin found its support on D TF
The rest you can see on the chart
FXS/USDTSPOT BUY PLAY:
FXS/USDT BROKE the consolidation range & CONSOLIDATING ABOVE IT after retesting it. Looking to accumulate some.
Buy Zones are always mentioned on the charts itself with potential TAKE-PROFIT zones.
STOP-LOSS = 25% below the average buying price
TAKE-PROFIT zones are mentioned in the chart itself. DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
#FXS | #UsdtIf the blue line breaks, the price can go up to the green dashed lines
Don't risk more than 1% of capital.
FXSUSDTFXSUSDT 1H TF is in a bullish trend creating HH & HL, a long entry can be taken as per marking on the chart,
