Looks like she’s going for LTF range highs at $4.10+ 🔥
We already know the HTF chart on $FXS is clean af and at this time we are simply taking advantage of the discount to establish a nice spot position for the mid/long term.
So for now, we look at the lower timeframes to try and establish areas of interest to accumulate further before markup begins.
For now, I am watching this LTF range and the area in green below it. Not sure if we will get it, but nothing would please me more than getting another push into the GREEN zone for a chance to pick up more spot.
At the same time, we look to have printed a deviation of the lows of our LTF range, and we have a bunch of untapped local highs, so a move to this smaller range highs is simply a matter of when not if imo.
If the deviation holds then we can expect local range highs next, and it's possible that from there we see expansion into the HIGHER timeframe range (and the start of markup). If however the deviation doesn't hold, then we may be blessed with a return to the HTF BUY ZONE.
Let's see how things develop.

64.49K
239
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.