It is moving in an ascending channel, which after forming a floor at the bottom of the ascending channel and exiting the corner, it is moving towards the supply area and the $50 range. If it breaks the $50 area, the path will be opened to continue climbing to the next range and the ceiling of the channel. 🟩Sup: 43.80 - 45.30 ⛳️Tp 1:50 - 53 ⛳️ Tp2 : 56.20 ⛳️ Tp3...
💎Paradisers, let's focus on #GMXUSDT, where current market signals hint at a potential bullish turnaround from a vital support region. 💎A review of #GMX's latest trading data reveals a significant 70% retracement from its recent high. However, the steadfastness at the $43.19 support level suggests a window for an upward trajectory. 💎The journey to surpass...
In my eyes, it seems like GMXUSDT is in for its own bull market. Follow me here on trading view if you want my entry FOR FREE on time. I will be posting analysis of all my other high conviction plays that will make me thousands in 2024 on my trading view profile.
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...
💎 GMX has been garnering significant attention in the market recently. At present, GMX is positioned at a support level, which previously acted as resistance. Observing the current trend, GMX maintains a bullish pattern, characterized by forming higher highs and higher lows. 💎 For GMX to continue its upward trajectory, it’s crucial to witness a strong bounce...
Trading idea! GMX - Reversed head and shoulder! If the pattern play out I see a potential 40% trade Critical level 56.5 - a weekly close above should be a good entry point... but In this case I don't see any problem to try to find a entry on lower time, 4h/D, with adjusted stop loss according to that. Wait for a successful retest in the area close above 56.5
I think it's obvious what GMX is doing. Closing candle above 59.5 will be huge confirmation but closing where is it now is fine too. I will be Taking Profits at those green lines.
Long GMX Entry - from current price level (around 39). TP1 - 50 (30%) TP2 - 55-56 (50%) TP3 - 70 (20%). Technical analysis. 1/ Capitulation on 17, Aug on decent volume (low - $28) 2/ Failure of printing new lows below $28. Weakness on downward movement with no significant volume resulting in failure to print new lows below $28. That's the point where one...
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
GMX/USDT Direction: Long and Spot Entry: 42.5 - 47.5 Targets: Tp1: 48 Tp2: 50 Tp3: 60 Tp4: 70 Tp5: 80 Stop Loss: 40.13
Yello Paradisers, Potential Coin! #GMX 💎 GMX is exhibiting intriguing movements, particularly if it successfully breaks out of the major falling wedge pattern. The optimal entry point would be post the breakout of this falling wedge pattern. 💎 Should GMX fail to breach or face rejection at the resistance area, it’s likely to revert to testing the key support...
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...
💎 GMX has been a notable point of focus in the market. It's currently in a consolidation phase within the demand area. However, recent chart activity suggests a positive shift in momentum. 💎 For GMX to maintain its upward trajectory and reach new heights, it's crucial for it to break through the resistance area and form a higher high, probability aligning with...
Hello friends You can buy this currency from the points I have marked. enter : 47.90 - 47.02 target : 55.37 - 57 - 64.03 This is only a purchase offer. Be sure to follow the capital management. If you like this analysis, I would be happy to support me. BINANCE:GMXUSDT MEXC:GMXUSDT KRAKEN:GMXUSD
GMX fell by -69% from it's local highs. The retailers are samshed and scared. It has $300M cap. This is still fresh altcoin which can grow by 10-20x even 50x. I have this altcoin in my portfolio and ready to hold it and get a profit on a bull market. 💥 Bullish BTC over $29,000 will turn the table and altcoins start to accelerate. Don't miss altseason this...
💎 GMX has certainly caught our eye. At present, GMX is rebounding within a demand zone and is encapsulated by a falling wedge formation. A surge in bullish momentum is anticipated if GMX can breach both the local resistance range of $36.20 - $36.80 and the falling wedge pattern. 💎 It's crucial to await a confirmed breakout to guard against potential false...
TSX:GMX broke through the resistance level and the descending trendline. Bullish movement to $40.3 is expected to happen.