Hi dear patrons, hope you are well and welcome to the new update on Frax Share (FXS) token with BTC pair. Previously we had a nice trade of FXS
Now on a 12-hr time frame FXS has formed bullish BAT pattern. At the moement the price is slightly moved up after the completion of the last leg. Therefore, we can wait for some price correction to buy it from the buying zone.
Buy between: 0.0004242 to 0.0004158 btc
Sell between: 0.0004491 to 0.0004754 btc
Stop loss: Below 0.0004158 btc
Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of up to 14%, and a loss possibility is upto 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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