Profit Potential Ahead: GMX/USDT Chart Analysis Anticipates Upwa
Profit Potential Ahead: GMX/USDT Chart Analysis Anticipates Upward Breakout After Brief Dip:-
Greetings traders,
I would like to share my analysis on the #GMX/USDT chart with you all. As of now, the price is hovering around $75.35, and I am anticipating a slight downside move before witnessing an upward breakout.
My first entry point for this trade would be around $71, with a second entry point of $77 following the breakout. I have set my targets at $81.30 and $85, respectively, with a stop loss placed manually at $70 after the entry is filled.
It's essential to note that trading involves some level of risk, and it's crucial to perform your due diligence and assess your risk tolerance before entering any trades.
In conclusion, I believe there is potential for profits to be made in this trade, and I encourage you all to keep an eye on the GMX/USDT chart for any potential trading opportunities.
Greetings traders,
I would like to share my analysis on the #GMX/USDT chart with you all. As of now, the price is hovering around $75.35, and I am anticipating a slight downside move before witnessing an upward breakout.
My first entry point for this trade would be around $71, with a second entry point of $77 following the breakout. I have set my targets at $81.30 and $85, respectively, with a stop loss placed manually at $70 after the entry is filled.
It's essential to note that trading involves some level of risk, and it's crucial to perform your due diligence and assess your risk tolerance before entering any trades.
In conclusion, I believe there is potential for profits to be made in this trade, and I encourage you all to keep an eye on the GMX/USDT chart for any potential trading opportunities.
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