As of a few days ago, GMX has successfully bounced from the bottom support of the falling wedge pattern. With BTC trading sideways, it's likely that alts will see a surge because money flows away from sideways price action. I'm looking at the top resistance of the pattern as a short-term target. Pattern is still bearish, so we're keeping our target close.
TSX:GMX broke through the descending trendline and the resistance level. Bullish movement to resistance level at $44.6 is expected to happen.
It has an interesting order block It can be a good profit potential It should be monitored
GMX crypto analysis According to the chart, it is placed inside the overblock area and it can have a good potential for #short position. You can monitor and wait for #login trigger and #confirmation candle. Do capital management and meet the appropriate risk and reward Good luck and be profitable
TSX:GMX broke through the support level and the ascending trendline. Beamish movement to $43.5 is expected to happen next.
GMX price today is $56 with a 24 hour trading volume of 30 million dollar. GMX price is up 4% in the last 24 hours and 380% growth in only six month but what is GMX? Its a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades GMX on Arbitrum has seen meaningful growth in both daily users and transactions. this is in...
Bullish on GMX! A daily close above 56.40 and I looking for a long position. For the daily time frame I see a 10% trade, Target1, can play out quite fast.
GMX presents a bullish opportunity with positive indications from the Token Metrics Trader Grade ratings and chart analysis. The price action on GMX is forming an ascending triangle pattern, suggesting a higher likelihood of a breakout to the upside. Based on this pattern, the measured move indicates a potential gain of 42%. Additionally, there is a noticeable...
TSX:GMX bounced off the support level and the ascending trendline. Bullish movement to $60 is likely to happen.
GMX just regained 50MA support and seems to be ready for a rally towards 200MA resistance, probably after a last dip. ⚡️⚡️ #GMX/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (3.0X) Amount: 6.4% Current Price: 49.74 Entry Targets: 1) 47.36 Take-Profit Targets: 1) 58.39 Stop Targets: 1) 39.99 Published By: @Zblaba ...
2h time frame - GMX just broke the falling wedge. It shows more chance to keeping going upward. TP: 61.3~63.6 and 66.8 is the final targer SL: 52.7
TSX:GMX broke through the descending trendline. Bullish movement to resistance level at $57.82 is expected to happen.
Trade setup : Price appears on the verge of bullish breakout from Channel Down pattern, which could be a beginning of a bullish trend reversal. We wait for confirmation – price needs to break and stay above $53 resistance zone. If it does, price could revisit $60 next. This is a higher risk trade setup since the overall trend is down. We highlighted GMX in Dec...
1D time frame - GMX retesting well so far. Entry is good around 50. Target: 132.3 SL: 37.9 (need to carefully manage your position)
GMX (f.k.a. Gambit) lost 100EMA support and got rejected after pulling back to it, bearish continuation would make sense. ⚡️⚡️ #GMX/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (4.2X) Amount: 5.0% Current Price: 72.890 Entry Zone: 74.345 - 77.445 Take-Profit Targets: 1) 67.335 2) 60.890 3) 54.450 Stop...
Trade setup : Bearish breakout from Sideways Channel ($60 - $90). Downside to $40 support. Price is up 70% since we highlighted GMX in Dec 2022 as our “Coin Pick” fundamental research recently highlighted GMX as a big beneficiary of FTX fallout. Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bearish (MACD Line is...
Why GMX Token is a Must-Buy! 💰📈 Hey, you greedy capitalist! GMX token is an opportunity you simply cannot ignore! 🔥 Let me break it down for you: GMX utilizes not one, but TWO tokens in its protocol. We've got GMX (governance) and GLP (liquidity) tokens working in harmony. But here's the real kicker: approximately 80% of the circulating supply is staked! This...