$GMX/USDT 12h (#BinanceFutures) Rising wedge breakdown & retest
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
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 7.5%
Current Price:
73.23
Entry Targets:
1) 76.42
Take-Profit Targets:
1) 65.04
Stop Targets:
1) 84.03
Published By: @Zblaba
GMX #GMXUSDT #Gambit #DEx gmx.io/
Risk/Reward= 1:1.5
Expected Profit= +59.6%
Possible Loss= -39.8%
⚡️⚡️ #GMX/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 7.5%
Current Price:
73.23
Entry Targets:
1) 76.42
Take-Profit Targets:
1) 65.04
Stop Targets:
1) 84.03
Published By: @Zblaba
GMX #GMXUSDT #Gambit #DEx gmx.io/Risk/Reward= 1:1.5
Expected Profit= +59.6%
Possible Loss= -39.8%
Order cancelled
GMX continued with the downtrend, unfortunately without filling our entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.