$GMX bounced off the resistance level. Decline to support level at 62.14$ is likely to happen.
In the last few days we have seen an interesting development in #GMX, which can indicate a potential bull pattern. The S/R zone showed that the last important support area is at $81. Does it mean that the price cannot fall below $75.50? What if the bitcoin falls? Right now the price and trading activity are trying to form a triangle formation. What do you think,...
Price managed to break clearly above 60 USDT and it has been consolidating the breakout for the last weeks. Most likely scenario is bullish (1), with the upper band of the channel projecting GMX above 200 USDT. In the short term, keep an eye on 58,31 USDT level as it could activate the bearish scenario (2) if it was lost and significant volume was printed below it.
This is my trade idea. I tried making it as clear as possible. Drop any questions down below.
Discovering the GMX (GMX)DEX Token: A 🌐 Decentralized Exchange with Mind-Blowing Features The GMX (GMX) DEX Token is a 🌐 decentralized exchange for both spot and margin trading, boasting a credit leverage of up to a staggering x50. It was launched in September 2021, and it supports the seamless functioning of two networks, namely Arbitrum and Avalanche. The 🤫...
GMX broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 50 is possible.
Hi Traders, Investors and Speculators of the Charts 📈📉 Harmonic Bat Patterns or Cypher Patterns are a great way to setup a trade, if you can spot them . They are generally hard to spot, but plotting one out gives you a clear entry, stop loss and three TP (take profit) levels. GMXUSDT is already past the entry and the first TP, but TP 2 and TP 3 are still...
Seems Like getting Ready For another Bounce Forming Bullish Flag In h4 timeframe Incase Of Breakout expecting Another 30 to 35% bullish Move
$GMX is bouncing off the support level and the bullish trendline. Rise to resistance level at 88$ is likely to happen next.
Hello guys, Everything is explained on the chart for you like always. GMX as a good Arbitrum-Ecosystem Tokens, you can keep that in your watchlist. First support zone around 73$ and point of interest is around 70$. Temporary targets will be 88 and 100$. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write...
Trade setup : Following a breakout from Sideways Channel ($30-$60) with robust volume, price resumed its Uptrend. Price broke above $75 and is now retesting that level. If it holds, price has upside potential up to $90. Our own fundamental research recently highlighted GMX as a big beneficiary of FTX fallout. Trend : Uptrend across all time horizons (Short-...
Arbitrum is one of the most anticipated and discussed projects of 2022 and 2023. The Arbitrum network is already fully launched and many users are waiting for the release of the network's native token. In addition, the Arbitrum ecosystem is actively growing and developing, with many projects appearing literally out of nowhere, capturing the market and attracting...
$GMX bounced off the resistance level. Decline to support level at 63.8$ is likely to happen.
Seems Like gmx Getting Ready for another Bulish Impulse Bulish flag Breakout Has Already confirmed Expecting 35 to 40% bulish Move
On the $GMX / $BTC chart, we can see a Bollinger Band breakout and a Super Trend pattern. Both indicators are indicating a bullish trend, with the Bollinger Band indicating a probable positive trend as the price has moved outside of the upper band and the Super Trend indicating a bullish trend. Because both indicators are in sync, this is a stronger bullish...
Yearly targets for the most functional dex Yeild for stakers paid in eth On arbitum Hottest coin this year probably Expecting it to be outperforming this entire cycle Already in price discovery Those fib extentions will probably hit this year...
$GMX broke through the resistance level. Bullish movement to $48.61 is likely to happen.