FXS / TetherUS
Long

Frax Share 1,104% Target Explained · Scam Wick & More

155
Frax Share is starting to recover with strong bullish momentum. The low for this pair was set 3-February with what many people call a "scam wick." Higher lows since. A higher low in March then again in April and June. Only a few pairs completed their lows in February and this is good.

The scam wick was so strong that you can be certain there is no need for prices to go lower again. From now on, we can witness sustained long-term growth.

The "back to baseline" level opens up an easy 224% potential profits. This is the level where you can say, "Ok, I want to triple this Bitcoin with very low risk." And it works like a charm because the action will end up much higher. This is the kind of move that cannot fail. We use spot of course as the whole strategy becomes a simple wait —buy and hold.

The next target gives us 664% and requires the highest prices since May 2022, more than three years. This one is good but some resistance will need to be conquered to get there.

The final target that is mapped on this chart opens 1,104%. This is a strong target but is also do-able. When all is set and done, we can end up with an even higher target. These are only conservative projections and hard to miss. I cannot say with a high level of certainty how far up Frax Share will go, the chart is a bit strange, but I can say with 100% level of certainty that we are entering a major bullish wave. 500% to 1,000% growth is an easy guess. Anything extra is welcomed and accepted.

Thank you for reading.

Namaste.

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