GNX ANALYSUS (1D)The big A and B wave is over. Now we seem to be in the big C wave.
Wave C looks like a diametric as we are now at the end of wave d of C.
It is expected that we will soon enter wave d of C, which is a bullish wave.
The target can be the red box.
Closing a daily candle below the invalidation 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
Gnsusdt
GNS/USDT Bullish Prospects Amid resistance Zone Challenge? 👀 💎 Paradisers, gear up for a potential bullish wave in GNSUSDT as it currently navigates a critical resistance zone, showing signs of a possible breakout.
💎 Tracing its historical path, #GNS has consistently demonstrated a knack for breaking above its descending trendline, leading to upward trends. Currently, as it retests the resistance level at 5.516, the odds are leaning towards a breakthrough and a subsequent move towards a stronger resistance level.
💎 However, should #GNSUSDT encounter a significant rejection at this point, a bullish strategy from the support level of 4.229 might come into play. While some traders might be contemplating short positions at this juncture, the savvy investor should weigh their options carefully to stay ahead of the curve.
💎 An additional factor to keep in mind is the potential for a downward trend if GNS fails to harness upward momentum from the demand level. A break below this point could lead to a substantial bearish movement.
GNS / GNSUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
📈 Gains (GNSUSDT) : Macro Higher Low, Potential UpsideAn analysis of Gains (GAINS) suggests a creation of a macro higher low, indicating potential upside, and identifies key levels, providing insights for market participants.
Key Insights:
Macro Higher Low: Gains is observed to be creating a macro higher low, signaling positive market dynamics.
Potential Upside: The analysis indicates that the market looks promising for a move up to $6.6.
Risk Management: A strategic stop is proposed below the prior lows at $3.33 for risk management.
#Gains #CryptoAnalysis #MarketTrends
Gains Network / GNSThe price of Gains Network is $10 today with a 24hour trading volume of 170 million dollar. This represents a 30% price increase in the last 24 hours and a 222% price increase in the past 30 days
Gains Network brings its liquidity efficient decentralized leveraged trading architecture to Polygon and binance listing sent us here
Gains Network, a GMX like on chain derivatives protocol based on Polygon and Arbitrum, had a transaction volume of more than $1 billion last week, with fee of $690,000, its Token GNS once exceeded $4.7, both hitting record highs. In addition to cryptocurrencies, Gains Network also provides on-chain transactions such as US stocks, indices, foreign exchange, and bulk transactions
next targets are 10.5 , 10.7 and 11 and don't forget stop loss (9-9.2$) if you (scalpers) joining at 10$ zone
GNS : BREAKOUT VIEW $7GNS seems to enter a building trend in the last week, we are checking if this coin is able to break out to $7 in the coming time.
What makes this coin making a good chance for the breakout?
The technical side of the coin and the time frame confirmations including the price action data show there is a good chance this coin can break out.
Manage always risks, there is no rule in trading called a guaranty.
Further, this update is not trading advice.
GNS (Gains Network) Long-Term OutlookHere's my long-term outlook on GNS.
Fundamentals:
Looking at Gains Network Price-to-Sales (P/S) and Price-to-Fees (P/F) ratios both indicate that GNS is extremely undervalued (by between 4-16x) when compared to the same ratios of similar platforms.
Daily trade volume and daily users are increasing linearly, while daily trading fees has begun to grow exponentially. gDAI price is increasing linearly as expected, even though both Polygon and Arbitrum vaults are overcollateralized. This means more traders are using Gains, and stakers are benefiting.
The amount of staked GNS has remained fairly constant, while the GNS supply peaked in March 2023 and has become linearly deflationary since June 2023.
Technicals:
Technicals look very good, Buyers and Sellers historically have reached standstills at the following prices (± $0.10) :
$5.00
$5.50
$6.00
$9.00
$12.00
Each of these are key S/R levels.
RSI is crossed over it's MA right at 50 and trending upward which is very bullish considering we're testing the top of a major liquidity zone, however the momentum has crossed bullish, which means bulls are not quite ready to pull the trigger to the next resistance level.
Assumptions:
1. Gains user base continues to grow at the rate it has been, beginning to rival GMX.
2. Arbitrum continues to hold substantial L2 TVL.
3. The underdog competition MUX Protocol, which has grown exponentially faster than both GMX and GNS (in terms of TVL and number of users since respective date of inception) doesn't take away GNS market share and the fact that it's trading aggregator utilizes Gains for some trades is beneficial to Gains P/F.
I'm pretty confident about move #1 that we're due for a retest of the last pivot low before we see any real upwards movement. Obviously, each move is based on the previous one and the assumptions listed above.
This is not financial advice. DYOR. Manage risk.
Gains Network (GNS) formed bullish BAT move for upto 13.50% pumpHi dear friends, hope you are well and welcome to the new update on Gains Network (GNS) token with US Dollar pair.
Previously we caught almost 35% pump of GNS as below:
Now on a 4-hr time frame, GNS has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Gains Network (GNS) forming bullish Shark for another pumpHi dear friends, hope you are well and welcome to the new update on Gains Network (GNS) token with US Dollar pair.
On a 4-hr time frame, GNS is about to complete a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Gains Network (GNS) formed BAT for bullish price reversalHi dear friends, hope you are well and welcome to the new update on Gains Network ( GNS ) token.
On a 2-hr time frame, GNS has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Gains Network (GNS) formed bullish BAT for upto 32% pumpHi dear friends, hope you are well and welcome to the new update on Gains Network ( GNS ) token.
On a 4-hr time frame, GNS with BTC pair has formed a bullish BAT move for bullish price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GNSUSDT UP with strong break after accumulation rangeHolding the area between 5,25-5,44 USD is key in the short term. If that level and/or the trendline holds, there is room for further upside based on current momentum. Keep an eye also on RSI trendline to seek for an advanced signal.
Should that level be lost, expect price to test the range between 4,21-4,41 USD.
Investment opportunity in Gains Network (GNS token)The Gains Network is a decentralized leveraged trading platform where you can trade cryptos, forex, and stocks, with commodities and indices coming soon.
The trading tool is gTrade, in which no deposit or signup is required, just a Metamask or similar wallet.
It is possible to have leverage of 150x on cryptos, 1000x on forex, and 100x on stocks.
The tool is currently hosted on the Polygon blockchain.
The GNS token is used for liquidity and project participation.
Trade fees are distributed to those who stake the GNS token, the DAI token, the GNS/DAI liquidity pool or some NFTs (and of course, to the project fund itself).
It would be more or less like instead of spending money in a casino placing bets, being the owner of the casino itself.
It is an embryonic project in a promising area, which involves embracing the traditional market.
This is because the GNS token is not yet listed on any centralized exchange.
Therefore, compared to other similar projects, such as GMX, SNX and dYdX, this one has the greatest risk/return asymmetry.
This is a brief summary... for more information I recommend reading the documentation and doing your own study.