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Frax Share FXSBTC going long

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“FXS before you Go Go!” Yep… this $70M Market Cap coin of 100M max supply, is about to breakout from a 50D EMA. If it successfully breaks out it could have a 100% potential gain from 1300 sats to 2600 sats.

While there’s nothing impossible in them world of Crypto as a fundamental news could drive FXS north instantly, this trade could take longer than normal to materialize as FXS needs first to breakout, retest then head north.

But what do you think?
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BTC.D is gaining momentum, it'd be safer to ride BTC from here.

Penafian

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