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GMXUSD

GMXUSDT Short Setup Crushes TP1! Bearish Momentum Eyes TP4GMXUSDT on the 4-Hour timeframe executed a short trade setup, successfully hitting TP1 and showing strong momentum to likely reach the remaining targets. Trade Highlights: Entry: $36.805 TP1: $30.815 (DONE) TP2: $21.125 TP3: $11.430 TP4: $5.445 Stop Loss: $41.650 Technical Insights: The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator , with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
Short
by ProfitsNinja
GMXUSDT: The Blue Box as a Strong Demand ZoneThe blue box on this chart highlights a carefully identified demand zone, which signals a key area of potential buying interest. This zone is derived from technical analysis and represents a level where buyers are likely to regain control, pushing prices higher. Here's a detailed breakdown of this analysis: 1. Understanding the Demand Zone A demand zone is a price area where significant buying interest exists, often leading to a reversal or sustained upward move. These zones are derived from historical price action and are reinforced by various confluence factors. Blue Box Characteristics: This blue box represents a primary demand zone. It is based on the last significant area of consolidation before a strong bullish move, making it a key level of support. Confidence Level: The blue box is considered high-confidence due to confluences such as Fibonacci retracement levels, order block dynamics, and volume profile analysis. 2. How Was This Zone Identified? This demand zone is drawn using the following methods: Fibonacci Retracement: The 0.618–0.786 range, drawn from the last swing low to swing high, aligns with the demand zone. Order Block Analysis: The blue box highlights the last bearish candle before a significant bullish breakout, indicating institutional activity. Volume Profile: This zone coincides with a high-volume node, suggesting strong accumulation by market participants. Market Structure: The zone respects the higher low pattern in the overall bullish structure, reinforcing its importance. 3. How to Trade the Blue Box When the price approaches the blue box, consider the following strategies: Wait for Confirmation: Monitor the price action for bullish signals, such as a hammer, engulfing candle, or bullish divergence on RSI/MACD. Set Stop-Loss Orders: Place stop-losses slightly below the demand zone to account for potential false breakouts. Target Levels: Set take-profit levels at the next resistance zones or Fibonacci extension levels (e.g., 1.272 or 1.618). 4. Additional Confirmation Signals Strengthen the reliability of trades using these signals: Volume Spikes: Look for increased volume as the price enters the blue box, signaling buyer interest. Bullish Divergences: Identify divergences between price and momentum indicators like RSI or MACD. Break of Local Resistance: A strong break above nearby resistance after testing the blue box further validates the demand zone. 5. Example Scenarios Scenario 1: Price retraces into the blue box and forms a bullish engulfing candle. Enter a long position with a stop-loss below the zone and target the previous swing high. Scenario 2: Price consolidates within the blue box, forming higher lows on lower timeframes. This signals accumulation, presenting a lower-risk entry. This analysis is designed to provide clarity and actionable insights for your trading. While no strategy is infallible, the blue box demand zone offers a high-probability setup based on proven technical principles. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas
Long
by XU99
#GMX (SPOT) IN (29- 33) T. (85) SL(27.19)BINANCE:GMXUSDT #GMX / USDT Entry (29- 33) SL 4H close below 27.19 T1 35 T2 36 T3 42 T4 85 ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts www.tradingview.com 1Million Journey www.tradingview.com www.tradingview.com ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX
Long
by Crypto_alphabit
2
GMX/USDT Trading ScenarioGMX is another undervalued asset in the current market. Its price is currently 70% below its all-time high (ATH), yet there is potential for it to reach that level again. The asset is currently trading at $28.37, close to its local minimum. From a volume analysis perspective, the asset is at the Point of Control (POC), which formed in May 2024, when the asset was in an accumulation phase. Trading volumes also indicate heightened interest from market participants in this price range. Despite the overall positive trend, the asset has not yet shown significant growth. However, with the upcoming altseason, it has strong potential to surpass its historical maximum.
by Rick_SimpleSwap
#GMX Showing Signs Of Bullish Breakout | Watch These LevelsYello 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 rejection at the key $29.09 resistance. 💎The price is heading towards a potential retest of the support zone around $19.6-$20.9. This zone is crucial as #GMX attempts to gather fresh momentum. If GMX manages to bounce off this demand area and break through the $29.09 resistance once more, we could witness a strong upward push, re-establishing a bullish structure. This would significantly increase the likelihood of #GMXUSD surging past the current resistance levels. 💎However, if the price fails to maintain above the $19.6-$20.9 support zone and breaks below, it could trigger a downward movement towards the $17.2 demand zone. This area is relatively fresh and may attract buyers, potentially leading to a sharp rebound if respected. 💎If TSX:GMX slips below the $17.2 level without showing any signs of strength, it would signal a bearish shift, opening the door for an even deeper correction. You should be cautious, as failing to hold this level could accelerate the sell-off. Remember, Paradisers, trade smart, and avoid emotional decisions. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Will GMXUSDT Survive This Critical Moment?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 break through the descending resistance, there’s a high probability that the price will hit our target at the strong resistance area. 💎However, caution is needed. If GMX fails to break this pattern and gets rejected, we could see the price pull back to the $21 support level. For the bullish scenario to play out, a breakout is required to confirm the upward movement. On the flip side, if GMX revisits the support and fails to bounce, breaking down below this key area would be a negative sign. This could indicate that the last hope for GMX is at risk. 💎Should GMX fail to reclaim the support and break down the key level, it could potentially set a new bottom, invalidating the bullish scenario and leading to a deeper downward move. As always, make sure to implement sound trading strategies and set your stop-losses wisely. Keep a close eye on the market’s next moves, and stay tuned for more insights from us. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
4
GMX is BearishAfter 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 without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
GMXGMX 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 trading and its recent market trends, the next price targets for GMX could be $36, $44, and $52. Investors might consider capitalizing on this upward trend by entering a position at the current level. This trading idea is predicated on the continued growth and innovation in the DeFi sector, with GMX positioned as a key player due to its unique trading features and liquidity solutions.
Long
by icordkaz
GMX: Ascending Triangle BreakoutTrade 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 pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $30.00, then $24.00. Nearest Resistance Zone is $40.00.
Long
by altFINS
GMX ANALYSIS (1D)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 candle above this level will violate the analysis. 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
by behdark
GMX is bearish in this bullish marketAfter 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 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
Short
by behdark
GMXUSD 1day MA50 based trading strategy.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 close the sell and open a buy targeting 42.000 (top of the Channel Down and possible contact with the 1day MA100). Follow us, like the idea and leave a comment below!!
CRYPTO:GMXUSD
by TheCryptagon
GMX (GMX.USDT) GMX price today is $56 with a 24 hour trading volume of 30 million dollar. GMX price is up 4% in the last 24 hours and 380% growth in only six month but what is GMX? Its a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades GMX on Arbitrum has seen meaningful growth in both daily users and transactions. this is in part due to the recent GMX token listing on Binance, the growth of Arbitrum, and its recent upgrade with Arbitrum Nitro. If you check candle shadows you see that GMX can be extremely volatile so always be sure that you know your targets and using stop loss RSI could give a good signal on gmx and If you manged to buy at 30$ zone its time to take profit and if you trade in short time or you do scalp, 59$ is very important level
Long
by moonypto
4