GNSUSDT 1D#GNS has formed a falling wedge on the daily chart. A breakout is coming! Buy a bag of it. The targets are:
$3.235
$3.935
$4.502
$5.068
$5.873
GNSUSDT trade ideas
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
GNS longGNS bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 6.85 is expected to happen.
GNS shortGNS is bouncing off the resistance level and the Fibonacci 0.382 level. Bearish movement to resistance level at 5.32 is possible.
GNS Token: Technical Analysis and Price PredictionIntroduction:
Token Name: Gains Network Token (GNS)
Platform: Ethereum Blockchain
Launch Date: 2021
Use Case: Decentralized Derivatives Exchange
Key Points:
GNS empowers users to engage in derivative trading without intermediaries.
The platform offers a diverse range of trading instruments, including futures and options contracts.
GNS utilizes a competitive fee structure.
The GNS team comprises experienced individuals from the blockchain and finance industries.
Roadmap:
Phase 1: Launch of the perpetual futures trading platform (Completed)
Phase 2: Implementation of the options trading platform (Ongoing)
Phase 3: Establishment of decentralized governance (Future)
Technical Analysis:
Historical Performance: GNS reached its all-time high (ATH) of $12.48 on February 17, 2023, before entering a corrective and consolidation phase. Conversely, the token experienced its all-time low (ATL) of $0.2658 on November 29, 2021.
Trading Range: The current trading range is confined between $5.989 (support) and $6.844 (resistance).
Breakout Potential: A breakout from either end of the range could present lucrative trading opportunities.
Price Proximity to Support: The price is currently hovering near the support level, potentially attracting range traders.
Ascending Channel:
Weekly and Daily Timeframes: An ascending channel is visible on the weekly and daily timeframes.
Midline Breach: The price recently dipped below the channel's midline, suggesting a potential downward move.
Anticipated Price Movement: We can anticipate the price to gravitate towards the channel's lower boundary (around $5.3).
Crucial Insights:
Weakening Uptrend: The inability to reach the channel's upper line during the last attempt might signal a weakening uptrend.
Cautious Approach Advised: Should the price reach the $5.3 zone, close monitoring of subsequent price movements is recommended before initiating any trades.
Disclaimer:
This analysis solely serves informational purposes and should not be construed as financial advice. Conduct thorough research and implement a sound risk management strategy before engaging in any trading activities.
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 A Sniper Entry On this Coin.
**Project:** Genesis is a decentralized platform aiming to empower creators and consumers in the digital media landscape. It utilizes blockchain technology to create a content distribution system that facilitates direct connections between creators and their audiences, eliminating intermediaries and fostering fairer revenue distribution.
**Token:** GNS is the native token of the Genesis platform, used for:
* **Content creation:** Staking GNS grants creators access to advanced content creation tools and resources.
* **Content consumption:** Users can pay GNS to access exclusive content and support creators directly.
* **Governance:** GNS holders can participate in platform governance by voting on important proposals.
**Recent News:**
* **Mainnet Launch:** Genesis successfully launched its mainnet in December 2023, marking a significant milestone in its development.
* **Strategic Partnerships:** Genesis partnered with several content creators, platforms, and media companies to expand its reach and adoption.
* **Growing Community:** The Genesis community is actively growing, with increasing engagement and support for the project.
* **Token Price Performance:** GNS price has seen significant volatility recently, reflecting broader market trends and ongoing platform development.
**Key Fundamentals:**
* **Experienced Team:** Genesis is backed by a team of experienced professionals with backgrounds in blockchain, media, and entertainment.
* **Unique Value Proposition:** The focus on empowering creators and fairer revenue distribution differentiates Genesis from many other content platforms.
* **Evolving Ecosystem:** The Genesis platform is constantly evolving, with new features and functionalities being added regularly.
* **Active Community:** The engaged community plays a crucial role in the project's development and success.
**Important Note:** This information is for informational purposes only and should not be considered investment advice. Please do your own research before making any investment decisions.
**Resources:*
Remember, cryptocurrency investing inherently carries risks. Always conduct your own research and due diligence before making any investment decisions.
GNS LONG 1DGNS Gains Network DEX
risky as we are still in downtrend but we received first signs of potential trend reversal
entry based on previous upward move fractal and fibo
I will enter with small leverage on first pos. and buy some long term spots with intention to sell in Q1/Q2 24'
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.)
GNSUSDT on the risehi traders
Crypto market is very bullish.
GNSUSDT already took off.
If we get a pull back to 4,90 $ to retest the support, it will be a great chance to buy.
if we don't get a pullback , I personally would rather let it go.
Target for longs: 7.88 - 8 $
Do you agree? Let us know in the comments
GNS INVESTMENT THESISGains Network Crypto was one of the few projects which were "anti-bearish" during bear season.
Backed up by a strong decentralization thesis , I have been keeping the eye on project.
On the chart side it has just flipped to bullish so am anticipating a run up to new highs .
Kindly this is Not Financial Advice.
Gains Network Price PredictionGNS price is still consolidating ,for the moment, but this might change soon.
If you prefer to trade (or invest) in these type of project - this is one more for you.
GNS is about : (on-chain leveraged trading on spot prices).
At the moment there is a hype in gains with L1 project like in the previous bull markets
Then L2s.. Then at last L3s..
Some basic targets on-chart.
$MEXC:GNSUSDT.P - 1DMEXC:GNSUSDT.P - dex
risky as in clear downtrend but potentially rewarding if plays out
bullish weekly formation - currently in retest area
imbalance/fvg that could be filled
bullish rsi divergence 1d
long term play / x10
GAINS 4 GAINS ($GNS) - LONGI like the project. they launched in a bear market, and have continued to build. I like the stock. Im long.
GNS shortGNS bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 3.7 is expected to happen.
📈 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
GNSUSDTWith the correction of the price of Bitcoin, this currency also started to correct
There is a good place to buy in the 3.14 area
Objective 4.98
GNS longGNS broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 4.4 is expected to happen.
GNS roaringAt 3.53 and With good volume and continous uptrend I expect the next stop to 4.4 and beyond
#GNS/USDT is testing the major resistance level in 4-Hour TF!#GNS/USDT is testing the major resistance level in 4-Hour TF!
AMEX:GNS needs to clear the PWH $3.35 to gain bullish momentum. Wait for BO and successful retest to open Long position.
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.
