💎Paradisers, prepare for an engaging trading opportunity as #GMXUSDT shows signs of an upcoming pivotal move. The market dynamics indicate a strong push from a crucial demand level at $58.88, with the price aiming to breach a significant supply zone. Our strategy hinges on confirming this transition from supply to demand before making our move.
💎Targets...
GMX is going up after the pullback
🔵Entry Zone 54.75 - 57.19
🔴SL 50.74
🟢TP1 62.09
🟢TP2 72.10
🟢TP3 89.48
Risk Warning
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GMX has broken above the channel, after the pullback it will continue the trend
🔵Entry Zone 53.44 - 55.45
🔴SL 50.33
🟢TP1 59.28
🟢TP2 66.84
🟢TP3 74.88
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMX symbol.
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
According to the wave count of the GMX chart, we can consider a triangle or diametric scenario for this coin.
We now seem to be in wave e of D.
Whichever of these scenarios is going on, the red flip range is the range where we are looking for sell/short positions.
We marked the targets on the picture. We also specified the invalidation level, closing a daily...
GMXUSDT Technical analysis update
GMXUSDT has formed an inverse head and shoulder pattern on the daily chart. With the price breaking its neckline, this suggests a potential bullish signal for GMX.
Buy zone: Below $55.50
Stop loss : $48.75
Take Profit 1: $60.50
Take Profit 2: $72.00
Take Profit 3: $90.00
Thanks
Hexa
After completing wave E of the big triangle above, which I marked with a red arrow, we have entered a large pattern consisting of wave A and B.
Wave A is a diametric wave and wave B is a triangle, and now we are in the last wave of the triangle. I expect wave C to start a downward spiral soon.
For risk management, please don't forget stop loss and capital...
GMX price today is $56 with a 24 hour trading volume of 30 million dollar. GMX price is up 4% in the last 24 hours and 380% growth in only six month
but what is GMX? Its a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades
GMX on Arbitrum has seen meaningful growth in both daily users and transactions. this is in...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMX symbol.
If it stabilizes on the red range, the target for wave E will be HKEX:102 -115-126.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ethereum Shanghai is releasing on April 12th and the perpetual DEX narrative seems like is catching eyes for ARPIL. Iiquidity pools will be hotter later this year.
"Ethereum Shanghai" is currently the hot topic in cryptocurrency space with such update, now what is "Ethereum Shanghai" all about?
-As we all know, "Ethereum Merge" update took place earlier in...
GMXBTC looking bullish. It looks like its primed for a reversal using the /BTC as as different POV to see this analysis.
Some of the reasons i like using /btc charts as a different POV are :
1)Benchmarking: /BTC charts can provide a benchmark for measuring the performance of altcoins against Bitcoin. Since Bitcoin is the largest and most well-known...
Hello guys, Everything is explained on the chart for you like always. GMX as a good Arbitrum-Ecosystem Tokens, you can keep that in your watchlist. First support zone around 73$ 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...
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...
Highest revenue on chain perps protocol project
Mid and long term targets vs btc highlighted
Bouncing off .618 here
Might take a while for those targets to hit but should be a performer into nxt hlving event 2024
Could be an outlier runner aimilar to snx rune or link last bear market
Price discovery vs btc if we take out the 1fiblevel listed
![GMXBTC: $GMX/#BTC [#GMX]: BBand_Breakout Super-Trend](https://s3.tradingview.com/j/jWQreSJJ_mid.png "$GMX/#BTC [#GMX]: BBand_Breakout Super-Trend")
