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Gmxanalysis

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: 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