Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor. Not financial advice, dyor....
0.382 serves as a prime support level for a potential pullback. Stop loss: 45.
Closed above the 0.5 so my expectation is a further re-test as the btc halvening comes closer.
Re-testing the top 0.618 range. Mac D seems primed for another go.
Entry between 50 - 53.
Targets:
0.786
1
After having reached its Cup and Handle target, GMX has now formed a beautiful bull flag and looks like it will move to at least $59-60 dollars. If it really gets a head full of steam, I can easily see it tagging $73.
Cautions? We are on the underside of that RSI TL. Looks like we'll hit our heads on that about the same time as we hit $60. Might be a good time to...
GMXUSD almost hit the 1day MA50 two days ago and has so far turned sideways.
This inability to cross over this Resistance level that has been holding since early August, is technically a bearish signal.
As long as it holds, sell and target 30.150 (Support A).
If broken though, we can have a June 30th type break out to the 1day MA100. Consequently be ready to...
GMXUSDT is trading in bearish channel and smoothly following technical pattern of break and retest of structure. currently the instrument is retesting the broken support level and seems like it is getting ready for another sell off.
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...
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 🤫...
GMXUSD is inside a Channel Up with very straightforward increase and decline ranges. So far both increases have been 137% on average.
The price is now on the 1day MA50 but it is the next drop that will approach the bottom of the Channel Up and create that buy opportunity.
Aim for a new +137% increase at 130.00.
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**I bought GMX**
GMX is inside a bull channel, currently at the bottom of the channel, which gives us a short stop entry opportunity.
Entry: 51.53
Starting target: 63.30 (22.8%)
Stop: 48.68 (5.52%)
Volume: 2%
