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...
GMX has formed this nice up channel This is also accompanied by a horizontal support I expect a rise once both channel and line are tested.
Trade setup : Price got rejected again (3x) at $90 resistance level and is likely to revisit $60-$65 support zone. It’s currently consolidating in a Sideways Channel ($60-90). Swing traders could Enter near $60-$65 Channel Support and Exit near $90 Channel Resistance. Price is up 70% since we highlighted GMX in Dec 2022 as our “Coin Pick” fundamental research...
💎#GMXUSDT has shown promising signs of a potential bullish reversal. After breaking the downtrend trendline, the price found support at the previous supply area, which has now transformed into a demand zone. Additionally, the 200 Moving Average and 50% Fibonacci retracement level are acting as strong support. The MACD has also signaled a bullish divergence,...
TSX:GMX broke through the ascending trendline and the support level. Decline to support level at 50$ is likely to happen.
GMX broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 68 is possible.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMX symbol. If it stabilizes on the red range, the target for wave E will be HKEX:102 -115-126. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
TSX:GMX bounced off the resistance level. Decline to support level at 75.4$ is likely to happen
You should wait for the return to the range of 74 to 76 so that if the trend reversal is confirmed in the price zone, you will enter a buy position.
GMXUSD is attempting to close today over its short term Triangle pattern, which is just a neutral formation inside the long term bullish Channel Up pattern. The 1D technicals are bullish (RSI = 62.080, MACD = 0.000, ADX = 29.989) and if the 1D RSI crosses over the LH trendline, it will be the buy trigger we need to target firstly the R1 (90.00) and secondly the...
Profit Potential Ahead: GMX/USDT Chart Analysis Anticipates Upward Breakout After Brief Dip:- Greetings traders, I would like to share my analysis on the #GMX/USDT chart with you all. As of now, the price is hovering around $75.35, and I am anticipating a slight downside move before witnessing an upward breakout. My first entry point for this trade would be...
Ethereum Shanghai is releasing on April 12th and the perpetual DEX narrative seems like is catching eyes for ARPIL. Iiquidity pools will be hotter later this year. "Ethereum Shanghai" is currently the hot topic in cryptocurrency space with such update, now what is "Ethereum Shanghai" all about? -As we all know, "Ethereum Merge" update took place earlier in...
GMXBTC looking bullish. It looks like its primed for a reversal using the /BTC as as different POV to see this analysis. Some of the reasons i like using /btc charts as a different POV are : 1)Benchmarking: /BTC charts can provide a benchmark for measuring the performance of altcoins against Bitcoin. Since Bitcoin is the largest and most well-known...
GMX will fall to 60ish range, probably bounce between my rainbow myriad of lines, then go down :))) You should buy around 52 - 60 !