Yello Paradisers! Is #GMX gearing up for a major breakout, or will we see a downward spiral? Let's dive into the latest #GMXUSDT analysis to uncover what's brewing: 💎#GMX is showing strong signals of a potential bullish breakout from the descending trendline, following several failed attempts. The recent price action showed a loss of momentum after facing a sharp...
From where we put the green arrow on the chart, it looks like a triangle is forming. Now we seem to be at the end of wave d. We are looking for sell/short positions in the red range. In this range, the e-wave and the whole triangle can be completed. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't...
Hi everyone, this is BINANCE:GMXUSDT.P idea for its upcoming (major) breakout and from the long-term downtrend. GMX (Limit or Market either one is fine) Entry: 24-28 range SL: 19.965 TP 1: 33.131 TP 2: 48.195 Leverage: 10-20X Potential profit 70% for short to mid-term Hopefully this will work out well and everyone makes profit. Alongside, would be ...
Yello Paradisers! Have you noticed how #GMXUSDT has broken through its descending resistance? The recent action suggests this pair could be primed for a significant move, but will it be smooth sailing, or are we in for a retest first? Let’s dive in. 💎GMXUSDT has decisively broken above a descending trend-line, which had been holding the price down. This breakout...
Will GMXUSDT Survive This Critical Moment? Yello, Paradisers! Are we on the brink of a major move for #GMXUSDT? Let's dive in. 💎#GMX is currently showing signs of a potential downturn, with the price looking to retest the support level before possibly resuming its upward momentum. The recent successful reclaim of this support is a bullish signal. If GMX can...
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
After the bearish iCH, the price structure has become bearish. A trend line has also been broken By maintaining the resistance swap range, it can drop towards the targets. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position...
GMX is a decentralized spot and perpetual exchange that operates on the Arbitrum and Avalanche blockchains, offering traders low swap fees and zero price impact trades. It leverages a unique multi-asset pool that provides liquidity for trades and earns yield from market making, swap fees, and leverage trading. Given GMX's innovative approach to decentralized...
Hi. COINEX:GMXUSDT has broken out of an ascending triangle pattern with good volume, the 100-day moving average and Ichimoku cloud suggest a bullish trend 🧐 AB=CD The bullish move may continue after a successful retest of the triangle 👨💻 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more...
Although the first TVL ranking on Arbitrum has been taken away by Pendle. But it is undeniable that GMX is one of the most innovative protocols in last year, bringing a liquidity provider experience different from Uniswap. While LP collects protocol fees, it can also receive losses from the counterparty, traders, which provides professional investors and...
Trade setup : Bullish breakout from Ascending Triangle could signal a bullish trend reversal with near-term upside to $40-$43 resistance zone. That's a stiff resistance area as it also lines up with 200-day moving average. Overall, price remains in a downtrend until it breaks back above that 200-day MA. Pattern : Ascending Triangle which is a continuation...
The area is marked for entry. Recommended for spot and futures. Check out. Good luck.
🔍Today the market is taking a breather, and the analysis focuses on the coin GMX, which has broken the line at $54.01 from our previous analysis, triggering a 23% short position. Currently, it's testing support at $44.24, having faked out once and reacted twice. ✅If you opened a short position at $54.01 and haven't taken profit yet, I suggest closing a small...
🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength. 📈If this candle closes bullish, we can...
💎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...
💎 Paradisers, turn your attention to #GMXUSDT as we gear up for a potential bullish shift. It's currently challenging a key resistance, hinting at a possible change in direction. 💎 #GMX is on the brink of breaking through its resistance at $49.89. If it manages to push past this level and keep up the momentum, there's a high chance we'll see it embark on a...
GMXUSDT is poised for a retest of a critical resistance level on the weekly chart at $59.3517. This resistance zone has been tested seven times on the daily chart, with the last two attempts accompanied by decent buying pressure. Technical Analysis: Resistance: $59.3517 (Weekly) Support: $40.1870 Volume: Increased buying pressure on recent touches...
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 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 liked our ideas, please support us with your...